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Asta Funding- (ASFI)-engages in purchasing, managing for its own account, and servicing distressed performing and non-performing consumer receivables. It acquires, manages, collects, and services portfolios of consumer receivables, including charged-off receivables, semi-performing receivables, and performing receivables. These receivables consist of MasterCard, Visa, private label credit card accounts, telecommunication charge-offs, and other types of receivables. The company was founded in 1994 and is based in Englewood Cliffs, New Jersey.
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