Notice of Application for an Installment Loan License for Portfolio Recovery Associates, LLC

Publication Date

Notice is hereby given that Portfolio Recovery Associates, LLC, 120 Corporate Boulevard, Suite 100, Norfolk, Virginia (NMLS No. 934179) has filed an application with the Department of Banking and Finance, State of Nebraska, for an Installment Loan License in compliance with the provisions of the Nebraska Installment Loan Act. Portfolio Recovery Associates, LLC is currently licensed to operate installment loan servicing business activities in Nebraska under the Installment Loan Act at its main office at 120 Corporate Boulevard, Suite 100, Norfolk, Virginia and now seeks licensure for the following two branch locations:

• Provana, India Branch (NMLS No. 2004760), A-32, Sector-2, Provana, Noida, Uttar Pradesh, India, 201301 

• Norfolk, VA Branch (NMLS No. 1714816), 130 Corporate Blvd., Norfolk, Virginia, 23502 

Objections to the application must be filed with the Nebraska Department of Banking and Finance, 1526 K Street, Suite 300, PO Box 95006, Lincoln, Nebraska, 68509, within fifteen days after the date of publication scheduled for February 13, 2025. If substantive objections to the application are filed, the application will be scheduled for hearing.

DEPARTMENT OF BANKING AND FINANCE

CONSUMER FINANCE DIVISION

Lincoln, Nebraska 

FOR THE DEPARTMENT 

By: Thomas Vergith, Senior Staff Attorney