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A full-service provider of outsourced receivables management and related services. The Company's primary business is the purchase, collection and management of portfolios of defaulted consumer receivables.
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TMFMurph (31.36) Submitted: 5/18/06 5:17 PM : Start Price: $45.75 PRAA Score: 5.34
Good tight business model that turns $1 of bad debt into $3 of real money. Don't tend to lower their standards just to get more business. The same trends that will help EPIQ ( higher debt, higher expenses due to the higher mortgage payments and less saving to weather a recession, among others ) will help PRAA).
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