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Say Hasta luego to unpaid receivables. Asta Funding buys, sells, services, and collects unpaid credit card debts and consumer loans. The company buys delinquent accounts at a discount directly from the credit grantors, as well as indirectly through auctions and brokers. It buys credit card charge-offs from Visa, MasterCard, private labels, and banks, in addition to telecom and other industry charge-offs. The company then collects on its debt balances either internally or through an outsourced agency. Asta Funding also invests in semi-performing and nondelinquent receivables. Chairman Arthur Stern and his family control some 47% of the company.
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| | | Contact Information | |
Address: |
210 Sylvan Ave.
Englewood Cliffs, NJ 07632
| | Phone: | 201-567-5648 | | Fax: | 201-569-4595 |
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| Financial
Highlights | | Fiscal Year End: | September | | Revenue (2008): | 97.70 M | | Revenue Growth (1 yr): | (-30.60%) | | Employees (2008): | 158 | | Employee Growth (1 yr): | (-8.10%) |
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Key People
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Chairman, President, and CEO:
Gary Stern
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COO:
Cameron E. (Bill) Williams
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CFO:
Robert J. Michel
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