CARY, N.C. — Portfolio Recovery Associates, a purchaser and manager of defaulted and bankrupt consumer receivable portfolios for lenders, recently made its choice for a vendor to build predictive ...
On March 23, 2023, the Consumer Financial Protection Bureau (CFPB) has taken action against one of the largest debt collectors in the United States, Portfolio Recovery Associates (PRA), for various ...
"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 ...
ATLANTA - The Consumer Financial Protection Bureau ordered a $24 million fine against Portfolio Recovery Associates after it was warned back in 2015 to clean up its act, but it didn’t. The debt ...
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 ...
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 ...