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 ...

"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 ...

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 ...

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 ...

Equifax and Portfolio Recovery Associates LLC were sued Friday in Florida Southern District Court for claims under the Fair Debt Collection Practices Act. The lawsuit, filed by the Law Office of Jason ...

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 ...

Portfolio Recovery Associates, one of the country's largest debt collectors, used deliberate ambiguity in a collection letter to try to get an Illinois consumer to pay on legally unenforceable debt, a ...

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 ...

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 ...

On Sep 19, Zacks Investment Research upgraded Portfolio Recovery Associates Inc. (PRAA) to a Zacks Rank #1 (Strong Buy). Portfolio Recovery has been experiencing rising earnings estimates on the back ...