More jobs in the city thanks to Norfolk Development working closely with PRA Group in the Norfolk Commerce Park. PRA Group President says the company is the world's largest publicly traded debt buyer. Norfolk News Now
PRA Group (Nasdaq: PRAA) is a world leader in acquiring non-performing consumer debt. The companies of PRA Group return capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to create affordable, realistic debt repayment plans in compliance with consumer protection laws and provide a broad range of additional revenue and recovery services to business and government clients.
PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for the past three years. The company was also named one of Forbes' Top 25 Best Small Companies in America in 2012 and 2013 and has been annually ranked on the Forbes list since 2007. PRA employs more than 4,000 people and is headquartered in Norfolk, Virginia. – less