| | Call Details | Portfolio Recovery Associates, Inc. Earnings Conference Call (Q3 2009) Thu,
Oct 29, 2009, 5:30 pm Eastern
| | About Portfolio Recovery Associates, Inc.
(NasdaqGS:PRAA) |
| | Portfolio Recovery Associates, Inc. provides outsourced receivables management and related services in the United States. The company engages in the purchase, collection, and management of portfolios of defaulted consumer receivables. It acquires receivables of Visa, MasterCard, and Discover credit cards; private label credit cards; installment loans; lines of credit; bankrupt accounts; deficiency balances of various types; legal judgments; and trade payables from various debt owners. These defaulted consumer receivables are the unpaid obligations of individuals to credit originators, including banks, credit unions, consumer and auto finance companies, and retail merchants. It also provides a range of contingent and fee-based services, including collateral-location services for credit originators; and revenue administration, audit, and debt discovery/recovery services for government entities. The company serves financial services, auto, retail, utility, health care, and government sectors. Portfolio Recovery Associates, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia. |
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