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Portfolio Recovery Associations: Collecting 3x Its Investments (PRAA) – Seeking Alpha



Portfolio Recovery Associations: Collecting 3x Its Investments (PRAA)
Seeking Alpha
It collects multiples of what it pays for debt, and finances those purchases with 3% credit. Regulatory concerns are weighing on the stock. Portfolio Recovery Associates (PRAA) operates in an industry Peter Lynch would call "distasteful", although I ...

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