What is PRA Group?
{{Infobox company | name = PRA Group, Inc. | former_name = | traded_as = {{NASDAQ|PRAA}} | founded = {{start date and age|1996|03}} | hq_location_city = [[Norfolk, Virginia]] | hq_location_country = United States | founders = Kevin Stevenson, Steven Fredrickson }} '''PRA Group''' is a company based in Virginia which collects nonperforming loans. It was one of the largest debt buyers in the US. ==Background== PRA Group was initially traded as ''Portfolio Recovery Associates'' in March 1996.<ref>{{cite news | title=Debt Recovery Proves Profitable for Virginia Beach, Va., Company | date=12 November 2001 | url=http://www.highbeam.com/doc/1G1-80008746.html | archive-url=https://web.archive.org/web/20150329160628/http://www.highbeam.com/doc/1G1-80008746.html | url-status=dead | archive-date=29 March 2015}}</ref> It was founded by Kevin Stevenson and Steve Fredrickson. Later, the companystarted purchasing debts and formed as an incorporation in May 1996. ==References== {{reflist}} [[Category:American financial companies]] [[Category:1996 establishments in the United States]]