CASH ADVANCE FEES
Get emergency cash now against your pending lawsuit.
GLOBAL strives
to offer excellent customer service and low fees to
all of our customers. Our Standard Fees are listed below and
they represent the fees we charge in about 95% of the cases GLOBAL
decides to invest. We charge no upfront, closing or application
fees, ever! All fees listed below are collected only if you
win your case and will be collected at the conclusion of your case.
We think you should view a cash advance from GLOBAL as a form of Lawsuit
Insurance™, guaranteeing that you will receive
money from you claim regardless of the eventual outcome of your
claim.
- 2.99% Monthly
Fee*
- 20% Minimum Return Fee
("MRF")**
*The 2.99%
Monthly Fee is calculated on a daily basis so you only pay fees
up to the settlement or judgment date in your case. Some companies
charge a set fee for 6 or even 12 month periods and so if your case
settles in 1 or 2 months, you will be forced to pay fees for a 6
month period.
**The 20% MRF is necessary to protect us against cases that
settle in a short period of time. Each case GLOBAL invests
in requires our legal teams' time and attention and we cannot cover
processing costs without a minimum fee. Example: If
we advance $1,000 and the case settles the following day, we would
receive $1,200 in return.
Below is a chart showing
an example of one of our cash advance and how much the payback will
be.
*PAYBACK AMOUNT AT MONTHLY INTERVALS
Advance
Amount |
1 month |
2 months |
3 months |
Case Cost
|
$1,000 |
$1,250 |
$1,307 |
$1,385 |
$0.00 |
$2,000 |
$2,501 |
$2,614 |
$2,735 |
$0.00 |
*Global
Financial Credit, LLC ("GLOBAL") reserves the right to change the
fees it charges at anytime. The figures shown are only an
example and should not be used to determine the amount owed back
on any advance made. Each advance made by Global may be unique
in the terms and conditions of the fees charged.
Categories: cash advance fees