PRA is an integral part of the financial receivables lifecycle. We have done business with most of the largest consumer lenders in the United States. We purchase portfolios of past-due and defaulted debt from leading creditors.
Since 1996, PRA has acquired more than 30 million customer accounts. By investing in the acquisition of these accounts, PRA provides capital to financial services companies, strengthening their ability to lend and more attractively price credit for all consumers.
Through our diversified businesses, we return millions of dollars annually to businesses and local governments in the U.S., and to businesses in the U.K.