PRA Group is a financial and business service company engaging in acquiring and collecting nonperforming loans. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies. The Company also acquires nonperforming loans. In addition, it provides fee-based services comprising vehicle location, skip tracing, and collateral recovery for auto lenders, government entities, and law enforcement; class action claims recovery services and purchases; servicing of consumer bankruptcy accounts; and contingent collections of nonperforming loans.