We’re PRA Group
We play a critical role in the consumer lending industry.
Global Reach. Local Touch.
As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business clients.
We set out to create a different kind of collection company. One that strives for a culture of respect, collaboration and dignity towards our employees and our customers.
To deliver nonperforming loan solutions that drive success through a long-term focus and customer care.
To be the trusted leader, changing the world’s perception of the nonperforming loan industry.
Treating Customers with Respect Since 1996
We play a critical role in the consumer lending industry. Founded in 1996 by Steve Fredrickson and Kevin Stevenson, the vision for the company was to create a professional business in the nonperforming loan market. Specifically, the goal was to build a company that treated customers fairly and with respect, met high levels of compliance and reliability, and created rewarding careers for its employees.
The company went public on November 8, 2002 as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. Over the past 20 years, PRA, through its subsidiaries, has grown to become one of the largest acquirer of nonperforming loans in the world, with thousands of employees worldwide.
Our Company Culture
Our company culture is the foundation for everything we do. Our employees in the Americas and Europe share a common set of values and commitments that define how we treat each other, how we relate to our customers, and the responsibilities we have to shareholders, regulators, clients, and others.
COMMITTED to always doing our best work.
ACCOUNTABLE for our actions.
RESPECTFUL in our interactions with each other.
ETHICAL in every situation.
SUCCESSFUL because we work together as a team.
Find Respect and Reward with PRA
We believe in creating an environment that strives for high performance, acknowledges the value of diversity, and provides development opportunities. We’re committed to helping our employees reach their highest potential by offering competitive salaries, proprietary training programs, bonus plans, tuition reimbursement programs, comprehensive benefits, an employee assistance program, and valuable opportunities to establish a long career within our organization.