Our Services

At Portfolio Recovery Associates, we are dedicated to the concept of providing a complete outsource alternative to the traditional recovery operation. Rather than manage a large in-house recovery staff or supervise a complex agency management program, portfolio sales offer an attractive alternative to many lending institutions. For a lender, the numerous benefits of selling bad debt to PRA include:

	Dramatically reduced staff when compared to either an in-house or collection agency recovery strategy.
	Immediate cash flow at levels equal to or higher than the net proceeds of a traditional recovery operation, be it in-house or agency.
	Reduce the liabilities of FDCPA and FCRA violations by your own staff or by a collection agency.
	The ability to effectively manage a temporary inventory build up in times of increasing delinquencies, without increasing staff.
	Generate income on accounts for which recovery efforts have otherwise ceased.
	Supplement a traditional agency program by selling recalled accounts.

Portfolio Recovery Associates stands ready to acquire charged off accounts at any point in their collection life cycle. Be it fresh charge off, or first, second or tertiary recalls, PRA is prepared to purchase any age account in a forward flow or single transaction. Our mission is to tailor the purchase transaction to meet the specific needs of the lender/seller.