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Asta Funding, Inc. - Company Profile Snapshot

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Company Profile: Asta Funding, Inc.
Ticker: ASFI
Exchanges: NAS
2008 Sales: 115,500,000
Major Industry: Financial
Sub Industry: Commercial Finance Companies
Country: UNITED STATES
Employees: 158

Business Description
Asta Funding, Inc.. The Group's principal activities are to acquire, collect and service portfolios of consumer receivables. The types of receivables include charged-off receivables, semi-performing receivables and performing receivables. The receivables consist primarily of MasterCard(R), Visa(R), private label credit card accounts, telecommunication charge-offs, auto deficiency receivables and other types of receivables. The Group also purchases and liquidates performing and nonperforming consumer loans. It collects the loans constituting these portfolios by utilizing third party collection agencies and through its own efforts.

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