At Pre-Settlement Funding, we understand that lawsuits rarely settle in just a few months. With this in mind, our Statement of Payoff is desiged to lessen stress on the borrower during a prolonged case. After the first month of an open loan, our interest rate drops to less than 0.5% per month and never goes back up, not even in post maturity. Unlike other loan companies, we are completely transparent with our clients about our pricing. Other than an Origination Fee of 10% of the principal amount with a cap of $100.00, you only pay us back the principal loan and accrued interest. We have no hidden fees, therefore we do not try to mislead borrowers with seemingly low interest rates and unrealistic expectations of what you will owe back.