We’ve all heard horror stories about predatory lenders. How about predatory collection agencies? Just ask Thomas Rizzo or Gloria Morrissette, or the countless others who fell for the deliberately ...

George Cooley says the debt collectors have been after him for years, despite the fact that he lives on Social Security disability and just $1,300 a month. Cooley, 66, has been making debt payments of ...

A Jackson County jury has ordered a debt collection agency to cough up nearly $83 million to a woman it mistakenly pursued to collect a credit card debt of little more than $1,000. The jury found that ...

Portfolio Recovery Q2 EPS $1.14 vs est. $0.93 Asset Acceptance Q2 EPS $0.03 vs est. $0.02 Portfolio Recovery cash collections rise 41 pct Asset Acceptance rev up 4 pct (Recasts, adds conference call ...

Portfolio Recovery Associates, a Norfolk, Va.-based debt buyer, reported across-the-board gains in third quarter cash collections, earnings and revenues. Cash collections increased 33% to a record ...

What: Shares of Portfolio Recovery Associates have gained more than 16% today after the debt-collection company followed up a rather ho-hum earnings report with the major news that it would acquire a ...

Today, the Consumer Financial Protection Bureau (CFPB) took action against one of the largest debt collectors, Portfolio Recovery Associates, and filed a proposed court order against the company on ...

Portfolio Recovery Associates, one of the country's largest debt collectors, used deliberate ambiguity in a collection letter to try to get an Illinois consumer to pay on legally unenforceable debt, a ...

Portfolio Recovery Associates LLC (Portfolio Recovery) agreed to pay $18 million to end multi-district litigation against the debt collection company for its alleged violations of the Telephone ...