Pra Group Norge

PRA Group Norge AS collects debt claims in Norway. It mainly manages receivables that AK Nordic AB has bought from banks and financing institutions, and works with each debtor on a repayment plan suited to their finances. Debtors can choose a payment plan, a one-time payment or full repayment, and can use an online portal to view their case.

Customers are individuals with outstanding debts whose claims have been sold to the company. The company's revenue comes from collecting these claims. Interest is frozen for as long as an agreed payment plan is kept, and the debt is confirmed as settled once it is fully repaid.

PRA Group Norge AS was founded on 15 February 2010 and is based in Oslo. It is part of the PRA Group, a Nasdaq-listed group founded in 1996 with over 3000 employees across the Americas, Europe and Australia. AK Nordic AB, the Swedish financing company that holds the claims, is supervised by Finansinspektionen in Sweden and is registered in Norway's Finanstilsynet register.

Product: Debt recovery service for purchased receivables, including repayment plans, one-time payments and full settlement.