PRA Group
PRA Group is a company based in Virginia which collects nonperforming loans. It was one of the largest debt buyers in the US.
| Traded as | NASDAQ: PRAA |
|---|---|
| Founded | March 1996 |
| Founders | Kevin Stevenson, Steven Fredrickson |
| Headquarters | , United States |
Background
PRA Group was initially traded as Portfolio Recovery Associates in March 1996.[1] It was founded by Kevin Stevenson and Steve Fredrickson. Later, the companystarted purchasing debts and formed as an incorporation in May 1996.