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Home > Company Index > Financial Services > Miscellaneous Financial Services > Asta Funding, Inc.
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Asta Funding, Inc. |
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PROFILE |
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Well, if you can't make your car payment, maybe you'll pay your credit card bill instead. Asta Funding has quit the subprime auto lending business in favor of the purchase, sale, and service of unpaid credit card debts and consumer loans. Through auctions, brokers, or directly from the credit grantor, the company buys at a discount delinquent Visa or MasterCard accounts that have been written off. Asta resells about 20% of its portfolio to other collection agencies. The company formed subsidiary Asta Commercial to conduct accounts receivable financing for small businesses. Chairman Arthur Stern and his son, president Gary Stern, together own more than half of the company.
COMPETITION |
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FirstCity Financial Corporation (FCFC)
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NCO Group, Inc. (NCOG)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 18.10
1-Yr. Sales Growth: 56.0%
Employees: 42
Revenue per employee: $430,952.38
KEY PEOPLE |
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Gary Stern
CEO
Mitchell Herman
CFO
CONTACT INFO |
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210 Sylvan Ave.
Englewood Cliffs, NJ 07632
US
Phone: 201-567-5648
Fax: 201-569-4595
Online: Web Site
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