About Portfolio recovery associates
Portfolio Recovery Associates: A Leading Debt Collection Agency
Portfolio Recovery Associates (PRA) is a well-known debt collection agency that has been in operation for over two decades. The company was founded in 1996 and has since grown to become one of the largest debt buyers and collectors in the United States. PRA's mission is to help consumers resolve their outstanding debts while treating them with respect and dignity.
PRA operates under a strict code of ethics, which includes compliance with all applicable laws and regulations governing the debt collection industry. The company employs highly trained professionals who are committed to providing exceptional customer service while working diligently to recover outstanding debts on behalf of their clients.
Services Offered by Portfolio Recovery Associates
PRA offers a wide range of services designed to help consumers resolve their outstanding debts. These services include:
1. Debt Purchasing: PRA purchases delinquent accounts from creditors at a discounted rate, allowing them to collect on these accounts at a profit.
2. Collections: PRA uses various methods, including phone calls, letters, and legal action if necessary, to collect on outstanding debts owed by consumers.
3. Skip Tracing: PRA uses advanced technology and investigative techniques to locate individuals who have moved or changed their contact information without notifying their creditors.
4. Credit Reporting: PRA reports consumer payment history data to credit bureaus as required by law.
Why Choose Portfolio Recovery Associates?
There are several reasons why consumers choose PRA for debt collection services:
1. Experience: With over 20 years of experience in the industry, PRA has developed an extensive knowledge base that allows them to effectively recover outstanding debts on behalf of their clients.
2. Compliance: PRA operates under strict ethical guidelines designed to ensure compliance with all applicable laws and regulations governing the debt collection industry.
3. Customer Service: PRA's highly trained professionals are committed to providing exceptional customer service while working diligently to resolve outstanding debts owed by consumers.
4. Technology: PRA utilizes advanced technology tools that allow them to efficiently manage large volumes of accounts while maintaining accuracy and compliance with regulatory requirements.
Conclusion
In conclusion, Portfolio Recovery Associates is a leading debt collection agency that provides exceptional services designed to help consumers resolve their outstanding debts while treating them with respect and dignity.
With over two decades of experience in the industry, strict ethical guidelines for compliance purposes,
and highly trained professionals committed towards providing excellent customer service,
it's no wonder why so many people choose Portfolio Recovery Associates when it comes time
to resolving delinquent accounts.
If you're looking for an experienced partner who can help you recover your unpaid balances,
look no further than Portfolio Recovery Associates!