AVOID PAYING COMPOUND INTEREST

Pre-Settlement Lawsuit Funding for Cases Near Chicago, IL and Nationwide

Posted: January 18, 2017

Einstein called compound interest the 8th Wonder of The World. Why? Because a very small number can turn into a very large number in a relatively short time. If you were in an accident and need money you might considering a cash advance from a lawsuit lending company. But be careful, you might be in for a big unhappy surprise. Lawsuit loan companies usually charge monthly compound interest for a cash advance on a pre-settled case. Take a look at the numbers. If you take $10,000.00 from lawsuit loan company charging monthly compound interest of 3.5% per month, in three years you will owe them $37,500.00; five years, $87,200.00: and, if your case should take seven years you will owe them $187,300.00. Take advantage of the Legal Capital flat-fee pricing.