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Anchor Receivables Management (Anchor) was founded in 2001 as a wholly owned subsidiary of Portfolio Recovery Associates (PRA), a major purchaser of charged off debt that went public in 2002 (NASDAQ: PRAA). Anchor is a leading firm dedicated and specializing in the management and third party collection of charged off consumer debt and is dedicated solely to contingency and fee collections. At Anchor, "benevolent" and "debt collector" is not an oxymoron. Quite the contrary; at Anchor we believe the only way for our company to succeed is to provide a win-win interaction with consumers. Anchor treats consumers professionally. Our goal is to offer viable repayment options and alternatives, and represent our clients in a manner that protects their integrity and image, while delivering competitive results. At Anchor "we're giving debt collection a good name." PRA, Inc. is a member of the American Collectors Association, BBB and numerous Chambers of Commerce.