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Fly News Breaks for November 3, 2015
ECPG, PRAA
Nov 3, 2015 | 15:54 EDT
KeyBanc said PRA Group (PRAA) and Encore Capital (ECPG) weakness related to the FTC announced regarding the debt collection industry is an overreaction. The firm said both have very high compliance standards and we do not believe this announcement will materially impact their business and notes both are ahead of competitors in their compliance standards.
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