PORTFOLIORECOV

Haven't heard that one, I'll have to look it up.

We could make a fortune selling tin foil!!

Oh, I have a Jaguar like that. :-)

My niece shared a comment on FB about it but I haven't heard anything else.

just to warn you, if portfolio threatens to sue you, they will follow thru.
i speak from experience.

Sure you did, shill!!!  Guess you should have paid your bills on time.

Really?  Care to provide us with some more details?

I'm betting he/she succumbed to the illegal threats and other FDCPA violations and stupidly, paid them off.

I would bet it is just a shill who took notice of the Thread Topic title and thought to make a vague shill post. Giving a "warning" of consequences in a thread filled with warnings about them scamming is not something a normal person would do.

Well, intelligent people would have counter sued them for FDCPA violations and would have walked out of the courthouse with a nice fat check.  Guess you are not among the intelligent then.

As I've written a few times, the PRA CEO has been vocal in his pride over his company's brilliant algorithmic approach to sifting debt accounts for gold. He likes predicting who will pay in a hurry, who will take persuasion, and who will never yield a proper return on investment. In that sense there may be truth to your unsolicited hit-skip cautionary note. The accounts on track for litigation may well head there. Those are the kind held by consumers who fight poorly or not at all.

Funny thing that PRA's praise of its own selectivity is not well reflected in its habitual clogging of court calendars with fatally defective, recklessly assembled lawsuit docs. Also funny that, at least in New York, PRA's case filing volume dropped like an airborne brick shortly after taking lashes from the Cordray-era CFPB in third quarter 2015. I take from this that PRA's squad and their hired hitmen lawyers are almost chemically incapable of collecting the right way. Therefore I speculate that the chance of being sued remains much lower. I also suspect that the same problems which attracted the CFPB's attention have not yet been erased, giving defendants a good reason to fight.

discussion of New York PRA case volume: https://800notes.com/Phone.aspx/1-773-396-5465#p1450365271032793421

Happy to have discovered this site. I have been hounded by these donut-punchers for about 2 years now over an $800 CreditOne debt. Spoke to them one time, told them I don't deal with collection agencies, I will make my peace with CreditOne when I can get back on my feet. At the time I was a homeless USMC vet living in my car.  I get 1 to 2 calls from these rim-rangers a day. I never answer them, unknowns or restricted. I block every number from all those calls and anyone who gives a name I don't know. If you are legit you will leave voicemail. They always call again with another new number. 433 to date. I now get VM with a smooth male or sweet female voice using almost the same script "Hi, I sent you a letter awhile back and I'm just checking in, I am with another client right now so just call me back at this number! Thanks! Look forward to hearing from you! Usually anyone who tries to collect a fake or legit debt will cease calling once you tell them you will only deal with the original source. These bung-holios are just plain stupid. 😐😆😝😜