Thread: Portfolio Recovery Associates

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  1. #1

    Default Portfolio Recovery Associates

    Attractive stock with growth and value, trading at discount to US market PE.

    Portfolio Recovery Associates, Inc., a financial and business service company, is engaged in the purchase, collection, and management of portfolios of defaulted consumer receivables in the United States and the United Kingdom. It detects, collects, and processes unpaid and normal-course accounts receivables owed primarily to credit grantors, governments, retailers, and others. The company also acquires receivables of Visa and MasterCard credit cards, private label and other credit cards, installment loans, lines of credit, bankrupt accounts, deficiency balances of various types, legal judgments, and trade payables from various debt owners, including banks, credit unions, consumer finance companies, telecommunication providers, retailers, utilities, insurance companies, medical groups, hospitals, auto finance companies, and other debt buyers. In addition, it provides fee-based services comprising vehicle location, skip tracing, and collateral recovery services for auto lenders, governments, and law enforcement; revenue administration, audit, and debt discovery/recovery services for local government entities; and class action claims settlement recovery and related payment processing services. The company was founded in 1996 and is headquartered in Norfolk, Virginia.

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  2. #2

    Default

    PRAA

    Use ticker symbols. It helps your cause and makes it easier for traders to know what 'stock' you are talking about.
  3. #3

    Default

    So they can go and buy right after your post

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