"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 ...

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 ...

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 ...

Jibril Greene of Seyfarth Shaw and Winnie N. Kibe and Whitney L. White of Sessions, Israel & Shartle have entered appearances for Equifax and Jefferson Capital Systems, respectively, in a pending ...

BANGALORE (Reuters) - Portfolio Recovery Associates Inc shares have gained more than 44 percent so far this year, at a time when the weak economy poses considerable challenges for the debt collector.

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 ...