Debt buyer Portfolio Recovery Associates (PRA) is the defendant in a class-action lawsuit filed by Atlanta-based law firm Webb, Klase & Lemond LLC. The case alleges that Norfolk, Va.-based PRA ...
On March 23, 2023, the CFPB filed a complaint and proposed judgment against Portfolio Recovery Associates, LLC (“PRA”), one of the largest debt collectors in the United States. If entered by the court ...
"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 ...
When a company racks up more than 20,000 complaints at the Consumer Financial Protection Bureau (CFPB) over a five-year period, you can imagine all sorts of alarms go off. This week the Bureau got ...
One of the nation’s largest debt collectors launched tens of thousands of lawsuits in Arizona since 2022, according to 12 News, even as it was issued millions of dollars in penalties for consumer ...
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