There is no single universal price
Charges can differ by provider, jurisdiction, claim, advance amount, and time outstanding. A quote or illustration is not a substitute for the full written agreement presented for the specific transaction.
Ask for date-based payoff examples
Request clear payoff amounts at multiple dates that reflect realistic case timing. Confirm whether charges are simple or compounding, how often they increase, whether administrative fees apply, and whether a payoff cap exists.
- Cash you actually receive
- Payoff after 6, 12, 18, and 24 months
- Rate method and frequency
- One-time and recurring charges
- Maximum payoff, if any
Understand the unsuccessful-case provision
Some claim-based funding is described as non-recourse, but the agreement defines what that means and may include exceptions or applicant obligations. Ask your attorney about the legal effect of the actual language before signing.
Compare like with like
Two offers with the same advance can have very different future payoffs. Compare the same amount over the same dates, including every fee, and avoid relying only on a quoted rate or daily cost.
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Everything in Funding Costs
Compare the cash received with the possible future payoff.