ASFI Profile
Asta Funding, Inc. (ASFI) is a diversified financial services company that specializes in acquiring, managing, and servicing distressed consumer receivables, including charged-off consumer debt, judgments, and tax liens. The company's business is focused on two primary segments: Consumer Receivables and Personal Injury Claims.
The Consumer Receivables segment includes the purchase, management, and collection of charged-off consumer debt, primarily credit card debt, as well as judgments and other types of receivables. Asta Funding's Personal Injury Claims segment acquires and manages personal injury claims, typically arising from automobile accidents.
Asta Funding was founded in 1994 and is headquartered in Englewood Cliffs, New Jersey. The company has a long-standing track record of acquiring distressed consumer receivables at a discount and then working to maximize the value of these assets through collections and other strategies. Asta Funding also has a strong focus on regulatory compliance and operates in a highly regulated industry.
Asta Funding is publicly traded on the NASDAQ stock exchange under the ticker symbol ASFI.
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