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EXHIBIT 10.3
 EXECUTION COPY
 FOURTH AMENDMENT TO
FOURTH AMENDED AND RESTATED LOAN AGREEMENT
 THIS FOURTH AMENDMENT TO FOURTH AMENDED AND RESTATED LOAN AGREEMENT Amendment ASTA FUNDING ACQUISITION I, LLC, ASTA FUNDING ACQUISITION II, LLC PALISADES COLLECTION, L.L.C. PALISADES ACQUISITION
I, LLC PALISADES ACQUISITION II, LLC PALISADES ACQUISITION IV, LLC PALISADES
ACQUISITION V, LLC PALISADES ACQUISITION VI, LLC PALISADES ACQUISITION VII, LLC PALISADES ACQUISITION VIII, LLC PALISADES ACQUISITION IX,
LLC PALISADES ACQUISITION X, LLC CLIFFS PORTFOLIO ACQUISITION I, LLC SYLVAN ACQUISITION I, LLC OPTION CARD, LLC Borrowers Borrower ASTA FUNDING, INC. COMPUTER
FINANCE, LLC ASTAFUNDING.COM, LLC ASTA COMMERCIAL, LLC VATIV RECOVERY
SOLUTIONS, LLC Guarantor ISRAEL
DISCOUNT BANK OF NEW YORK, IDB Collateral Agent Administrative Agent Agents MIDDLE MARKET FINANCE Merrill Lynch
 RECITALS:
 Credit Parties Credit Agreement
  AGREEMENT:
    2




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Borrowing Base Definition
 Borrowing Base
     provided
 No Other Modifications
         3




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4




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BORROWERS:
    
    ASTA FUNDING ACQUISITION I, LLCASTA FUNDING ACQUISITION II, LLCPALISADES COLLECTION, L.L.C.CLIFFS PORTFOLIO ACQUISITION I, LLCPALISADES ACQUISITION I, LLCPALISADES ACQUISITION II, LLCPALISADES ACQUISITION IV, LLCPALISADES ACQUISITION V, LLCPALISADES ACQUISITION VI, LLCPALISADES ACQUISITION VII, LLCPALISADES ACQUISITION VIII, LLCPALISADES ACQUISITION IX, LLCPALISADES ACQUISITION X, LLCSYLVAN ACQUISITION I, LLCOPTION CARD, LLCBy:
Name:
    
    /s/ Mitchell Cohen

Mitchell CohenTitle:
    
    ManagerGUARANTORS:
    
    ASTA FUNDING, INC.By:
Name:
    
    /s/ Mitchell Cohen

Mitchell CohenTitle:
    
    Chief Financial OfficerCOMPUTER FINANCE, LLCASTAFUNDING.COM, LLCASTA COMMERCIAL, LLCVATIV RECOVERY SOLUTIONS, LLCBy:
    
    /s/ Mitchell CohenName:
    
    Mitchell CohenTitle:
    
    Manager




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AGENT:
    
    ISRAEL DISCOUNT BANK OF NEW YORK,as Administrative Agent, Collateral Agent andCo-Lead ArrangerBy:
Name:
    
    /s/ Robert J. Fainelli

Robert J. FainelliTitle:
    
    First Vice PresidentBy:
Name:
    
    /s/ Jeffrey S. Ackerman

Jeffrey S. AckermanTitle:
    
    Senior Vice President




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MIDDLE MARKET
FINANCE, a division of MERRILLLYNCH BUSINESS FINANCIAL SERVICES INC.,as Co-Administrative
Agent and Co-Lead ArrangerBy:
Name:
    
    /s/ Kenneth R. Geiger

Kenneth R. GeigerTitle:
    
    Vice President




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LENDERS:
    
    ISRAEL DISCOUNT BANK OF NEW YORK,as LenderBy:
Name:
    
    /s/ Robert J. Fainelli

Robert J. FainelliTitle:
    
    First Vice PresidentBy:
Name:
    
    /s/ Jeffrey S. Ackerman

Jeffrey S. AckermanTitle:
    
    Senior Vice President




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MIDDLE MARKET FINANCE, a division of MERRILLLYNCH BUSINESS FINANCIAL SERVICES INC., as LenderBy:
    
    /s/ Kenneth R. GeigerPrint Name:
    
    Kenneth R. GeigerPrint Title:
    
    Vice President




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BMO CAPITAL MARKETS FINANCING, INC.,as LenderBy:
    
    /s/ Robert G. BombenPrint Name:
    
    Robert G. BombenPrint Title:
    
    Director




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BANK LEUMI USA, as LenderBy:
    
    /s/ Mary Ellen BiancoPrint Name:
    
    Mary Ellen BiancoPrint Title:
    
    Vice President




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THE BERKSHIRE BANK, as LenderBy:
    
    /s/ Ira A. MermelsteinPrint Name:
    
    Ira MermelsteinPrint Title:
    
    Vice President




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SIGNATURE BANK, as LenderBy:
    
    /s/ Morey DanonPrint Name:
    
    Morey DanonPrint Title:
    
    Senior Vice President
 1