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Cost Comparison
We charge far less than the other firms that currently offer personal injury advances.
Our fee is 9%, non-compounding, for the first 3 months, or portion thereof, and 14.5% for each 6 months, or portion of six months, thereafter from the date of the assignment to the date of recovery. Plus, we charge a 5% document fee based on the approved advance amount with a minimum fee of $300 and a maximum fee of $1500.
Believe it our not, some firms charge 80-150% compounded per year.
| Peachtree | Actual Competitor #1 | Actual Competitor #2 | |
|---|---|---|---|
| Advanced Amount | $10,000* | $10,000 | $10,000** |
| Rate | 9% fee for first 3 months, and 14.5% for each 6 months thereafter, or portion thereof | 2.9%/month compounding | 3.9%/month non-compounding |
| Payoff at 8 Months | $12,350 | $12,569.64 | $13,120 |
| Payoff at 12 Months | $13,800 | $14,092.38 | $14,680 |
| Payoff at 18 Months | $15,250 | $16,729.26 | $17,020 |
* includes $476 origination fee, based on 5% of the Approved Amount
** this company charges both $250 underwriting fee AND a $200 origination fee
