Portfolio Recovery's focus on quality, profitability, diversified portfolios and strong cash collections position it to generate long-term growth. Its third quarter earnings surpassed the Zacks ...

Feb 19 (Reuters) - U.S.-based Portfolio Recovery Associates Inc, which provides fee-based debt collection services, said it would buy Norway's Aktiv Kapital AS for about $880 million to expand its ...

Portfolio Recovery Associates Inc., a Norfolk, Va.-based debt buyer, Friday announced a $115.3 million acquisition of certain assets from National Capital Management LLC (NCM). The acquisition ...

Attorney General Maura Healey’s office has reached a multimillion-dollar settlement with a debt collection firm she said was illegally targeting the elderly, people with disabilities and others whose ...

"CFPB orders are not suggestions, and companies cannot ignore them simply because they are large or dominant in the market," CFPB Director Rohit Chopra said after announcing a $24 million settlement ...

A debt collection agency has been ordered to pay $83 million to a Missouri woman after a jury decided that the agency 'maliciously prosecuted' her to collect a debt she did not owe. Maria Guadalupe ...

Portfolio Recovery Associates Inc., the nation’s largest publicly traded purchaser of defaulted consumer debt, has completed its purchase of Norwegian company Aktiv Kapital AS, it said Wednesday.

George Cooley says the debt collectors have been after him for years, despite the fact that he lives on Social Security disability and just $1,300 a month. Cooley, 66, has been making debt payments of ...

We’ve all heard horror stories about predatory lenders. How about predatory collection agencies? Just ask Thomas Rizzo or Gloria Morrissette, or the countless others who fell for the deliberately ...

NEW YORK (CBS.MW) -- The initial public offering from Portfolio Recovery Associates debuted at $13 per share on Nov. 8, with shares in the Norfolk, Va., debt collection specialist rising to $18.50 ...

Maria Guadalupe Mejia Alcantara hopes that as a result of damages assessed against a debt collection firm as part of a counterclaim filed on her behalf, other families won’t have to suffer what she ...