The contract room
Real funding contracts, side by side.
This industry prices in the dark, whatever name it wears: pre-settlement funding, lawsuit loans, legal funding. So we transcribe real contracts, remove the company names, and put them side by side with a Case Equity contract. Every number below is from a contract's own printed schedule.
The rates, on one page
- Funder A
- 2.99% a month, compounding
- Funder B
- 24.5% per 6 months, compounding
- Funder C
- Not disclosed
- Funder D
- 3% a month, compounding
ClaimAngel
27.8% a year, simple. Published.
The same question, asked of every contract
The $5,000 question.
You need $5,000. What will you owe? A published price answers instantly. The four real contracts in this room answer only as well as their own pages allow: some priced by the mechanics they disclose, one by the pricing it never printed, and one with its fee assumed, because the contract never states it.
Funder D
3% a month compounding on the draw plus the $400 application fee, $40 wire fee, no ceiling.
$5,000received
$7,739owed at 1 year
$11,017owed at 2 yearsno ceiling, still climbing
Funder A
2.99% a month in six-month blocks, with a $500 origination fee assumed and financed the way their contract financed its $8,300: it compounds with the draw from day one.
$5,000received
$7,833owed at 1 year
$11,154owed at 2 yearsthe most, ever: $15,885
Funder B
24.5% per six months, compounding. One day past month 18, the balance is already 2.4x the draw.
$5,000received
$7,750owed at 1 year
$12,013owed at 2 yearsthe most, ever: $18,620
Funder C
Not disclosed. The contract is so vague it prints no rate anywhere: zero transparency. Rebuilt from multiple contracts of different sizes, reproducing every printed schedule to the cent. One of the worst prices in the room.
$5,000received
$8,678owed at 1 year
$14,424owed at 2 yearsthe most, ever: $18,528
ClaimAngel
Answered by the calculator on every page of this site, before we ask your name.
$5,000received
$6,771owed at 1 year
$8,188owed at 2 yearsthe most, ever: $10,427. 2x, fees in
Nothing here is an estimate. A contract gets a number only when its own mechanics, applied to $5,000, reproduce its printed payoff schedule exactly. The funder that prints no rate is priced by the multiplier table hidden across three of its contracts: one day past month 12, its $5,000 jumps from $8,678 to $11,859. A $3,181 penalty for a single day.
The exhibits
The terms from real contracts, explained.
Names removed, terms kept. Each sheet lists what the contract charges, where it stops if it stops, and the one clause worth reading twice.
Funder A
Personal injury
The client got $2,500. The other $125,537 rolled a prior funder's balance and an $8,300 fee.
- Owed day one
- $152,794
- 1.19x
- Month 24
- $259,667
- 2.03x
- The most
- $369,792
- 2.89x
- Rate
- 2.99% a month, compounding, billed in 6-month blocks.
- Fees
- $8,300 origination, plus $87 to $149 to wire you the money.
Funder B
Personal injury
The client got $7,500. The ninth advance on this one case, each compounding on its own.
- Owed day one
- $9,338
- 1.25x
- Month 24
- $18,019
- 2.40x
- The most
- $27,930
- 3.72x
- Rate
- 24.5% per 6 months, compounding. One day into a new period bills the whole period.
- Fees
- None itemized. The price is all rate.
Funder C
Personal injury
The client got $3,000. $130 in fees came out first; $60 more is due at payoff.
- Owed day one
- $4,912
- 1.64x
- Month 24
- $8,824
- 2.94x
- The most
- $11,328
- 3.78x
- Rate
- None disclosed. No rate, no APR, anywhere. The schedule is the price.
- Fees
- $130 financed up front; $60 more at repayment.
Funder D
Motor vehicle case
The client got $500. A $400 application fee and $40 wire fee compound with it from day one.
- Owed day one
- $1,114
- 2.23x
- Month 24
- $1,869
- 3.74x
- The most
- No limit
- keeps growing
- Rate
- 3% a month, compounding on $940. Repay in week one, billed as day 180.
- Fees
- $400 application plus $40 wire, on a $500 advance.
The grade
Every contract against the six terms.
The standard is published at the Case Equity definition. Ask any company for these six in writing. If they flinch, you have your answer.
| Term | Funder A | Funder B | Funder C | Funder D | ClaimAngel |
|---|---|---|---|---|---|
| The rate is public | No | No | No rate disclosed at all | No | Yes |
| Same terms from every funder | No | No | No | No | Yes |
| The balance has a ceiling | At 2.89x | At 3.72x, per advance | At 3.78x | None. It grows until paid | Yes |
| Never touches the case | Yes | Bars funding from anyone else | Yes | Yes | Yes |
| Positions in writing | No | No | No | No | Yes |
| Lose, owe nothing | Flips to max legal rate if recharacterized | With carve-outs | Unless a 'material term' is violated | Unless assignability is challenged | Yes |
Method: terms and payoff schedules are transcribed from executed funding contracts on file, then anonymized. No funder is named, no case is identifiable, and contract text is quoted only where a clause needs to be read. Every payoff shown is the contract's own printed number. Found an error? Write us and we will correct it, dated.
Our contract is the one we can afford to publish.