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The Motley Fool November 24, 2004 David Meier |
Asta Cashes in on "Foolishness" Asta Funding is profiting from America's credit addiction. It reported a fantastic fourth quarter, with revenue and earnings growing 32% and 52%, respectively. |
BusinessWeek April 5, 2004 Gene G. Marcial |
Asta Is Really Cleaning Up Asta buys receivables, or unpaid debts, from banks, finance companies, and other service providers, paying a penny to 36 cents on the dollar, depending on the chances of collecting. With the stock's sharp rise, is it time to bail out? |
The Motley Fool December 13, 2005 Nathan Parmelee |
Asta Funding Buys Up More Bad Debt The recent change in bankruptcy law is benefiting debt collection companies. Investors liked the news of Asta Funding's brighter prospects, bidding its shares up more than 3.5% in Tuesday's midday trading. |
The Motley Fool August 3, 2006 Nathan Parmelee |
No Recovery Needed at Portfolio Recovery The business remains strong and well-managed, which is good for investors with a long-term view. |
BusinessWeek April 17, 2006 Gene G. Marcial |
Asta Is Really Collecting Asta Funding's stock has been on a roll. |
The Motley Fool April 28, 2006 Jim Gillies |
The Value of This Portfolio What's a fair value for Portfolio Recovery Associates? After all, a great story does not necessarily make a great investment. |
Inc. November 2007 Norm Brodsky |
Street Smarts: What Are You, a Bank? You probably lend your customers more money than you realize. Have you checked lately? |
The Motley Fool October 30, 2009 Morgan Housel |
Riding the Wave of a Wrecked Financial System Portfolio Recovery buys defaulted credit receivables that banks and other lenders have given up on, and then squeezes a few pennies out of the defaulted borrowers. Big rewards are likely to come down the road for investors. |
BusinessWeek May 2, 2005 Gene G. Marcial |
Less Debt For Asta To Forgive The Bankruptcy Abuse Prevention law helps companies like Astra Funding increase collection of outstanding receivables, thereby increasing its earnings. |