CFPB Orders Portfolio Recovery Associates to Pay $24 Million

March 24, 2023

American Banker, Mar. 23, 2023–Kate Berry (subscription)
Portfolio Recovery Associates, one of the largest debt collectors in the nation, has agreed to pay $12 million to consumers and a $12 million fine to the Consumer Financial Protection Bureau to resolve allegations of illegal collection practices.
https://www.americanbanker.com/news/cfpb-orders-portfolio-recovery-associates-to-pay-24-million