Jefferson Capital Systems, LLC, founded in 2002 and now a subsidiary of PRA Group, Inc., is one of the leading purchasers and managers of consumer-charged off accounts in the United States. The company specializes in acquiring portfolios of unsecured consumer debt, such as credit card balances, from original creditors like banks and financial institutions. They then engage directly with consumers to establish and manage repayment plans, with a stated mission of resolving accounts in a fair and manageable way. Their business model relies heavily on data analytics to value debt portfolios and a consumer-centric approach to collections.

Founded in

United States