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Asta Funding, Inc.

Asta Funding, Inc.

Sector: Adjustment And Collection Services Region: NJ, United States


: | Nasdaq: ASFI


Asta Funding, Inc. is a consumer receivable asset management company that specializes in the purchase, management and liquidation of performing and non-performing consumer receivables. Its portfolio includes primary charged-off receivables, semi-performing receivables, performing receivables and distressed consumer receivables. The primary charged-off receivables consists of accounts that have been written-off by the originators and may have been previously serviced by collection agencies. The semi-performing receivables consist of accounts where the debtor is currently making partial or irregular monthly payments, but the accounts may have been written-off by the originators. The performing receivables consist of accounts where the debtor is making regular monthly payments that may or may not have been delinquent in the past. The distressed consumer receivables consist of the unpaid debts of individuals to banks, finance companies and other credit and service providers. The company was founded by Arthur Stern on July 7, 1994 and is headquartered in Englewood Cliffs, NJ.

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