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  1. Average of 86 Customer Reviews. Read Reviews Start a Review. Customer Complaints. 3,705 complaints closed in last 3 years. 2,271 complaints closed in last 12 months. Read Complaints File a...

  2. PrestigeINC. Is portfolio recovery legit? I keep getting spam calls from a company caller IDed as Portfolio recovery. They call every few days with a new number as I continue to block the numbers without answering. I looked up the company and they seem to be a collections agency but I have no debts whatsoever.

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  4. May 1, 2024 · Portfolio Recovery Associates, LLC Reviews. portfoliorecovery.com. 1.0 189 reviews. Are you this business? Updated: 05/01/2024. Our promise. We provide a buying advantage with verified...

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  5. 10 • Poor. 2.6. www.portfoliorecovery.com. Visit this website. Write a review. Reviews 2.6. 10 total. 5-star. 60% 4-star. 0% 3-star. 0% 2-star. 0% 1-star. 40% Filter. Sort: Most relevant. Eileen Waldron. 3 reviews. US. Aug 16, 2023. I have no debt but this company keeps phoning me.

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    • Debt Collection Giant Accused of Continual Defrauding
    • CFPB Claims Multiple Requirement Violations
    • If Approved, Defrauded Consumers to Receive $12 Million in Restitution
    • What Consumers Need to Do

    There are two major accusations being made against Portfolio Recovery Associates. The primary offense found by the CFPB involves a 2015 lawsuit in which the company was found to be engaging in illegal collection practices. Back in September 2015, the CFPB ordered the agency to pay over $27 million in restitution to consumers for deceptive tactics a...

    The CFPB is charging Portfolio Recovery Associated with a number of 2015 order violations during the five year period.

    If entered by the court, the collection agency will be legally responsible for refunding over $12 million to qualifying defrauded consumers. It will also be prohibited from collecting debts without the documentation that proves the consumer’s responsibility and will be required to respond to disputes in a timely manner. Along with paying the $12 mi...

    If you believe you’re a victim of fraudulent behavior or misleading debt collection practices, you may be entitled to a restitution payment. However, this is only a proposed order; the court still has to approve it for any action against the collection agency to take place. As of now, consumers do not need to take any immediate action and need to b...

  6. Dec 6, 2023 · Since it was formed in 1996, Portfolio Recovery Associates has developed a reputation as an aggressive debt collection company that routinely deploys questionable and unethical collection practices. For example, many consumers have filed complaints with the Better Business Bureau and Consumer Financial Protection Bureau alleging serious ...

  7. Are they real or a scam? Portfolio Recovery is not a scam. It is a real debt collection agency. They are one of the largest debt buyers. PRA buys debts from credit card companies, banks, financial institutions, utility and telecommunication companies, and other service providers.

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