PRA Group Donates $20,000 to St. Mary’s Fall Celebration, July 11, 2017, July 11, 2017

PRA Group has donated $20,000 to be the lead sponsor of the second annual It’s Fall, Y’all celebration to support individuals with disabilities who live at St. Mary’s Home.

Source: St. Mary’s Home, Norfolk, VA

PRA Group named 2017 Best Places to Work by CoVa Biz, February 3, 2017

PRA Group named 2017 Best Places to Work by CoVa Biz, the Business Magazine of Coastal Virginia. PRA employees are recognized for their commitment to volunteerism and charitable giving.

Source: CoVa Biz, Coastal Virginia

PRA Group Donates $25,000 to St. Mary’s Home for “It’s Fall, Y’all”, July 12, 2016

St. Mary’s Home will hold its first “It’s Fall, Y’all” celebration, presented by PRA Group, with food, live music and family friendly activities to mark the change of season.

Source: St. Mary’s Home, Norfolk, VA

Auditors to Comb $90 Million in Santa Monica Tax Receipts, June 28, 2016

MuniServices, LLC, a California-based firm, is set to be awarded a five-year contract not to exceed $400,000 to audit and provide compliance services on the amounts the City collects from the Business License, Parking Facility and Transient Occupancy taxes.

Source: Santa Monica Lookout, Santa Monica, CA

New refrigerated truck dedicated to the Foodbank, April 26, 2016

A new food truck of sorts was unveiled in Portsmouth Monday. It is a mobile food pantry, made possible thanks to PRA Group’s five-year commitment of $150,000 to purchase the new refrigerated truck.

Source: WAVY-TV 10, Portsmouth, Virginia

MuniServices’ Fran Mancia Elected as UCSB Alumni Regent, February 25, 2016

The University of California Santa Barbara Alumni Association Board of Directors elected alumnus Fran Mancia this week to serve as one of four Alumni Regents. Mancia currently serves as Vice President of Government Relations at MuniServices, a Sacramento advocacy firm that specializes in representing government agencies, cities, counties and special districts.

Source: UCSB Daily Nexus, Santa Barbara, CA

Judeo-Christian Outreach Center receives donation to renovate Virginia Beach site, February 4, 2016

PRA Group donated $30,000 during help the Judeo-Christian Outreach Center embark on a major renovation project.

Source: Virginian-Pilot. Norfolk, VA

The Perfect Portfolio, January 2016

Steve Fredrickson is a champion for people working to repay their debt.

Source: Coastal Virginia Magazine. Used with permission.

Fundraising walks have an impact on Peninsula, December 24, 2015

Tara Sundgaard of Portfolio Recovery Associates chaired the 2015 walk. Her executive assistant A'tra Harris spent 20 hours a week for three months working with 16 team captains within the company to raise $29,000.

Source: Daily Press, Newport News, VA

New software app illuminates government spending, July 10, 2015

A new digital service and software product aims to help elected officials and the public more easily visualize and understand complex municipal budgets.

PRA Government Services, a division of Norfolk-based PRA Group, introduced EZTransparency, which allows anyone to view and drill down into municipal budgets. EZTransparency builds its tool based on submitted city budgets and allows users to more easily follow the money.

Source: Inside Business, Norfolk, VA

EZTransparency™ Featured in U.S. Conference of Mayors Report, June 2015

EZTransparency™ is featured in the first-ever United States Conference of Mayors Business Council Best Practice Report: Mayors and Businesses Driving Economic Growth. The report, available here, showcases outstanding and innovative public/private partnerships submitted by the Mayors Business Council to inspire other cities and companies to work together in addressing the economic challenges facing cities and our nation.

PRA Group expands headquarters again in Norfolk, March 12, 2015

PRA Group invested $2 million to remodel and add 28,000 square feet of office space at 150 Corporate Blvd. to house about 100 information technology employees.

Source: Daily Press, Newport News, VA

Collection Agency Expands (Again) In Norfolk, Mar 11, 2015

More jobs in the city thanks to Norfolk Development working closely with PRA Group in the Norfolk Commerce Park.

Source: NorfolkTV, the Official City of Norfolk, Virginia USA Channel

Navigating the Changing Global Compliance Landscape, February 2015

Debt purchase is facing new regulatory scrutiny in north America and Europe. Laura White, chief compliance officer at PRA Group, takes a global view of what the future holds, and how successful companies are managing compliance challenges.

Source: Credit Today (CT) magazine

Aktiv Ambitions, September 15, 2014

Credit Today magazine profiles PRA Group’s strategic position in Europe and its plans for the future.

Source: Credit Today (CT) magazine

Portfolio Recovery Debt Collector Soars On Deal Boost, July 16, 2014

Consumer-debt collection firm Portfolio Recovery Associates had a big day Wednesday. It completed a $1.3 billon acquisition of a European company, changed its name and saw its shares jump more than 5% by midafternoon in the stock market today.


Portfolio Recovery Associates Raises Minimum Wage, May 11, 2014

PRA decided against waiting for Congress to pass a minimum-wage increase. It voluntarily boosted its lowest U.S. pay level to $10.10 per hour, it announced last week. Until then, its U.S. workers made no less than $9.98 an hour.

Source: The Virginian-Pilot, Norfolk, VA.

V3 Company Feature: Portfolio Recovery Associates, March 31, 2014

Headquartered nearly equidistant between Naval Station Norfolk, Joint Expeditionary Base Little Creek-Fort Story, and Naval Air Station Oceana, Portfolio Recovery Associates, Inc. (PRA) is well-tuned in to the military community. As a financial and business services company, they are determined to provide an atmosphere in which veterans of the armed services can settle into a new career.


PRA Snaps Up IVA Business, Feb. 4, 2014

US debt buyer Portfolio Recovery Associates (PRA) has snapped up the Individual Voluntary Arrangement (IVA) business of Pamplona Capital Management.

Source: Credit Today

Chief Executive Magazine Places PRA Among 100 Elite Mid-Market Companies, Jan. 16, 2014

Superior growth rates, a track record of innovation, an exceptional corporate culture, charismatic leadership, compelling business models—these are some of the qualities Chief Executive Magazine sought in choosing their Mid-Market Elite. Applying that criteria, their researchers and judges selected 100 companies that stand out amid the middle-market universe—identified as 197,000 private or public firms with between $10 million and $1 billion in annual revenues.


Portfolio Recovery Associates to Hire More than 150 People for New Dallas-Area Call Center, Nov. 1, 2013

PRA has announced the opening of a call center that will employ 200 people in the Dallas-Fort Worth area.

Source: The Dallas Morning News, Dallas, TX.

Name Suit: Judge Sides with Portfolio Over N.Y. Firm, Oct. 27, 2013

Why would anyone confuse a Norfolk company that is one of the nation’s largest debt buyers with a small debt collector that employs about 20 workers in upstate New York?

Source: The Virginian-Pilot, Norfolk, VA.

Firms are the Pride of Ayrshire, Oct. 25, 2013

The Ayrshire Chamber of Commerce recently awarded Portfolio Recovery Associates-UK its Excellence in Customer Service Award during the Ayrshire Business Awards held at Kilmarnock’s Park Hotel.

Source: The Ayrshire Post, Kilmarnock, Scotland

Master Class: America's Top CEOs On The Secrets Of Motivating Employees, Oct. 15, 2013

What Steve Fredrickson, president and CEO of Portfolio Recovery Associates likes to give his employees most, is a daunting task


New Jobs for Town, Oct. 10, 2013

Dozens of jobseekers turned up for a recruitment fair organised by Portfolio Recovery Associates in Kilmarnock's Grand Hall at the weekend. One of the UK's leading financial and business services companies, based in Portland Gates, the company will be taking on a number of both full-time and part-time staff between now and the end of December.

Source: The Kilmarnock Standard, Kilmarnock, Scotland

The Portfolio Recovery Story, Sept. 22, 2013

Banks used to try to collect overdue debt themselves or through an agency that they paid a commission or fee. During the savings-and-loan crisis of the late 1980s, a federal bailout program successfully auctioned off failed loans, encouraging other banks to sell delinquent debt. A new niche business emerged: companies that specialized in buying overdue accounts. By giving banks an outlet for unloading unwanted debt and reducing their risk, these companies help keep the cost of borrowing low. Even regulators agree that debt buyers are a crucial cog in the national wheel of consumer credit.

Source: The Virginian-Pilot, Norfolk, VA.

Portfolio Recovery Seeing Better Deals on Debt, May 30, 2013

Debt-collection companies have faced increasing regulation since the federal Consumer Financial Protection Bureau was established in 2010, but that cloud has a silver lining for Portfolio Recovery Associates Inc.

Source: The Virginian-Pilot, Norfolk, VA.

Hampton Roads Businesses Donate for Disaster Recovery, May 28, 2013

Portfolio Recovery Associates, Inc. in Norfolk and the Williamsburg Pottery donated money to the American Red Cross to aid disaster relief and recovery efforts.

Source: TidewaterBiz, Newport News, VA.

Steve Fredrickson Among Top 75 Who Influence Hampton Roads, May 10, 2013

As chairman and CEO of Portfolio Recovery Associates, he has been focused on growth last year - and it has showed.

Source: Inside Business - The Hampton Roads Business Journal

Portfolio Recovery Associates Call Center Creates 200 Jobs, May 10, 2013

PRA will be creating 200 jobs with its latest expansion in Birmingham.

Source: Birmingham Business Journal

Portfolio Recovery Associates to Expand in Birmingham, Add 200 Jobs, May 10, 2013

PRA plans to expand its Birmingham operations with the addition of 200 call center jobs, the company announced today.

Source: Alabama Media Group

Company's Casual Attire Means Big Bucks for MDA Fundraiser, May 9, 2013

From Lacey Mills' perspective, there's nothing casual about the way employees at Portfolio Recovery Associates, Hutchinson, dress.

Source:, Hutchinson, KS.

PTSD Patients get Gentle Support from Four-Legged Therapists, May 7, 2013

Dozens of servicemen and women with Post Traumatic Stress Syndrome are getting gentle support from some special four-legged therapists.

Source: WVEC

PRA Partners with Chesapeake Bay Foundation to Save Pleasure House Point, May 7, 2013

The Brock Environmental Center will be a resource for citizens to learn about environmental stewardship, a destination for CBF's environmental education program, a global inspiration for cutting-edge green building, and a demonstration site for restoration that will improve water quality.

Source: Chesapeake Bay Foundation

Debt Collector Offers Tips Online, Mar. 3, 2013

One thing really irks Neal Stern: debt-settlement companies that charge whopping fees to financially strapped consumers to intervene in a process that those consumers could negotiate more effectively themselves.

Source: The Virginian-Pilot, Norfolk, VA.

PRA's Jackson Site Continues to Hire, February 14, 2013

The Jackson Chamber of Commerce announced Thursday that Portfolio Recovery Associates has hired approximately 100 people since October, including account representatives, operations managers and IT personnel, and will hire an additional 30 people by March.

Source: The Jackson Sun, Jackson, TN.