<SEC-DOCUMENT>0001658052-23-000001.txt : 20230308
<SEC-HEADER>0001658052-23-000001.hdr.sgml : 20230308
<ACCEPTANCE-DATETIME>20230308191019
ACCESSION NUMBER:		0001658052-23-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230307
FILED AS OF DATE:		20230308
DATE AS OF CHANGE:		20230308

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sjolund Martin
		CENTRAL INDEX KEY:			0001658052

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50058
		FILM NUMBER:		23717683

	MAIL ADDRESS:	
		STREET 1:		3 EDDISCOMBE RD
		CITY:			LONDON
		STATE:			X0
		ZIP:			SW6 4TZ

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRA GROUP INC
		CENTRAL INDEX KEY:			0001185348
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320]
		IRS NUMBER:				753078675
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		120 CORPORATE BLVD STE 100
		CITY:			NORFOLK
		STATE:			VA
		ZIP:			23502
		BUSINESS PHONE:		7575199300X3023

	MAIL ADDRESS:	
		STREET 1:		120 CORPORATE BLVD STE 100
		CITY:			NORFOLK
		STATE:			VA
		ZIP:			23502

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PORTFOLIO RECOVERY ASSOCIATES INC
		DATE OF NAME CHANGE:	20020903
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_167832060451109.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <periodOfReport>2023-03-07</periodOfReport>

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    <issuer>
        <issuerCik>0001185348</issuerCik>
        <issuerName>PRA GROUP INC</issuerName>
        <issuerTradingSymbol>PRAA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001658052</rptOwnerCik>
            <rptOwnerName>Sjolund Martin</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>120 CORPORATE BLVD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NORFOLK</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>23502</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President, PRA Group Europe</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
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                <value>Common Stock</value>
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                <value>2023-03-07</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>10851</value>
                    <footnoteId id="F1"/>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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        </nonDerivativeTransaction>
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            <securityTitle>
                <value>Common Stock</value>
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        </nonDerivativeTransaction>
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                    <value>4218</value>
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        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Reflects restricted stock units granted pursuant to the terms of the Company's Omnibus Incentive Plan that will vest ratably over a three year period beginning on the anniversary of the grant date, which was March 7, 2023.</footnote>
        <footnote id="F2">Represents shares earned upon the satisfaction of the performance criteria under the Company's 2020-2022 Long-Term Incentive Plan.</footnote>
        <footnote id="F3">Shares withheld to cover tax liability associated with the vesting of restricted stock units.</footnote>
        <footnote id="F4">Shares withheld to cover tax liability associated with the vesting of the performance share units referenced in Footnote 2.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ LaTisha Owens Tarrant, Attorney-in-Fact</signatureName>
        <signatureDate>2023-03-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
