PRA Group, Inc

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What PRA Group, Inc does

Group, Inc. As a global industry leader with more than 30 years of experience, PRA Group, Inc. (Nasdaq: PRAA) specializes in acquiring and collecting nonperforming loans. PRA Group purchases portfolios from banks and other creditors and, through its subsidiaries, collaborates with customers to help them resolve their 1. Reflects total portfolio purchases in South America, Canada and Australia. 2. Contractual agreements with sellers of nonperforming loans that allow for the purchase of nonperforming loan portfolios at pre-established prices. These amounts represent our estimated forward flow purchases over the next 12 months under the agreements in place based on projections and other factors, including sellers' estimates of future forward flow sales, and are dependent on actual delivery by the sellers and, in some cases, the impact of foreign exchange rate fluctuations. Accordingly, amounts purchased under these agreements may vary significantly. debt. Headquartered in Norfolk, Virginia, PRA Group has operations in the U.S., Europe, and other markets.

The company’s own description, as it appears at the foot of the release.