PRA Group
PRA Group, headquartered in Norfolk, Virginia, provides nonperforming loan solutions globally and operates in 18 countries. The company went public on November 8, 2002, and is involved in numerous community support and charity initiatives.
Company History
PRA Group went public on November 8, 2002. Since then, it has expanded its operations significantly to become a global leader in nonperforming loan solutions. The company operates in 18 countries worldwide and is headquartered in Norfolk, Virginia.
Global Operations
PRA Group operates in 18 countries, utilizing 12 languages and 12 different currencies to provide comprehensive nonperforming loan solutions. The company's portfolio operations span continents, with subsidiaries in the US, UK, Canada, and Australia. PRA Group's global workforce is dedicated to improving customer care and financial futures.
Services
PRA Group offers a range of services primarily focused on the acquisition and servicing of nonperforming loans. Additionally, the company provides insolvency investment services. These services are pivotal in assisting clients with managing and resolving debt-related issues, thereby aiding in financial recovery.
Community Support Initiatives
PRA Group is committed to giving back to the community, evidenced by its contributions of millions of dollars and thousands of volunteer hours. The company participates in initiatives like the Global Charity Pedometer Challenge, reflecting its dedication to global charity efforts and community engagement.
Headquarters
PRA Group is headquartered in Norfolk, Virginia. This central location serves as the hub for its expansive operations, which cover numerous countries and regions. The headquarters supports both the strategic management and operational oversight of the company's global initiatives.