Portfolio Recovery Associates, Inc.

Portfolio Recovery Associates, Inc., PRA Group, Inc. or PRA is an American debt buyer based in Norfolk, Virginia.  There are many many debt buyers out there.  A debt buyer is basically a person or entity that purchases debt and then farms it out to collection agencies to collect on.  

Who Is Portfolio Recovery Associates

The PRA Group is so large that they are a publicly traded corporation listed in the NASDAQ under the stock symbol PRAA.  They have been in business since 1996.  Their own website states that they are a “World leader in acquiring non performing consumer debt.”  

Portfolio Recovery Associates Complaints

All collection agencies have complaints against them but the only thing that should matter to you is what your situation is. We can help.

How To Stop The Harassment Now

Click the link on the right with your specific problem to find out about our solutions.

Portfolio Recovery Associates Address

PRA Group
120 Corporate Boulevard
Norfolk, Virginia 23502, U.S.

Portfolio Recovery Associates Phone Number: (757) 519-9300

What Is The Law

The Fair Debt Collection Practices Act was passed to protect consumers from abusive and unfair collection practices by debt collectors. While the definition of “harassment” may vary from person to person, there are specific behaviors addressed in the FDCPA that apply to all companies like Portfolio Recovery Associates that collect debt. If you are contacted by Portfolio Recovery Associates regarding a past due account, you have certain specific rights. If those rights are violated by Portfolio Recovery Associates, you have the right to specific remedies, including making a report to the Consumer Financial Protection Bureau and taking other actions against Portfolio Recovery Associates for violation of the Fair Debt Collection Practices Act.

You have the right to tell a debt collector to stop calling you about your debt at any time. When asked, the debt collection agency must provide you with the full name of the company and a mailing address where you can send a letter requiring them to stop contact regarding this debt. You may do this even if you owe the debt. After they receive that letter, the debt collection agency may only contact you to tell you that they will stop their collection efforts or to inform you that they are no longer trying to collect the debt or that they are taking legal action against you.