Rates on pre-settlement funding aren't quoted as APR. Here's how to evaluate the real cost and compare across providers.
Pre-settlement funding charges accrue over the life of the case, but unlike a loan, the total payoff is capped in the agreement and only collected if the case recovers.
Reputable funders provide a written payoff schedule showing exactly what you'd owe if the case resolves in 6 months, 12 months, 24 months, etc. That schedule is the only meaningful way to compare offers.
Don't compare 'rates' across companies — compare total payoffs at common timeline assumptions. Some companies use compounding that makes their headline rate look lower while the total cost is higher.
AARC's payoff schedules cap the total amount you'll owe at settlement regardless of how long the case takes. Nothing is hidden.
Always ask any funding company for a written payoff schedule before signing. If they won't provide one, walk away.
Call (800) 297-3834 or apply online for a clear, written payoff schedule from AARC.
