"CFPB orders are not suggestions, and companies cannot ignore them simply because they are large or dominant in the market," CFPB Director Rohit Chopra said after announcing a $24 million settlement ...

On March 23, 2023, the Consumer Financial Protection Bureau (CFPB) has taken action against one of the largest debt collectors in the United States, Portfolio Recovery Associates (PRA), for various ...

CARY, N.C. — Portfolio Recovery Associates, a purchaser and manager of defaulted and bankrupt consumer receivable portfolios for lenders, recently made its choice for a vendor to build predictive ...

Debt-buying giant Portfolio Recovery Associates Inc. on Thursday announced the close of a $600 million credit facility to fund business operations and expansion. The five-year facility also contains ...

Jibril Greene of Seyfarth Shaw and Winnie N. Kibe and Whitney L. White of Sessions, Israel & Shartle have entered appearances for Equifax and Jefferson Capital Systems, respectively, in a pending ...

NORFOLK, Va., March 23, 2023 /PRNewswire/ -- PRA Group, Inc. (PRAA), a global leader in acquiring and servicing nonperforming loans, announced today that its subsidiary, Portfolio Recovery Associates, ...

Portfolio Recovery Associates was hit with a debt collection class action on Feb. 28 in Pennsylvania Court of Common Pleas for Chester County. The lawsuit, filed by Zemel Law, alleges that the ...