Competitive Rates
Always Clearly Defined. No Hidden Fees.
Rates & Fees
At Buckeye funding, we promise to keep our competitive rates amongst the lowest in our industry.
A comparison of a $3,500.00 advance based on Buckeye Legal Funding, LLC's competitive rates and alternate rates that may be offered by our competition is set forth below:
Buckeye Legal Funding
1.99%
Monthly Rate
for each month the advance is outstanding*
$6,110.80
Repayment 12 Months
$7,740.87
Repayment 24 Months
$9,805.75
Repayment 36 Months
23.88%
Annual Rate*
Competitor 1****
3.5%
Monthly Rate
for each month the advance is outstanding**
$6,318.72
Repayment 12 Months
$9,369.15
Repayment 24 Months
$13,978.55
Repayment 36 Months
42%
Annual Rate
Competitor 2****
24.5%
6-Month Period Rate
for each 6 month period the advance is outstanding***
$6,122.60
Repayment 12 Months
$9,490.18
Repayment 24 Months
$14,710.02
Repayment 36 Months
49%
Annual Rate
Disclaimer – There is no minimum repayment amount for any advance from Buckeye Legal Funding, LLC and the obligation to repay advances is contingent upon a successful recovery in your lawsuit. There is no obligation to repay the advance if there is no recovery on your case.
Advances from Buckeye Legal Funding accrue 1.99% monthly fee which equates to a 23.88% Annual Rate.
* Nominal APR (annualized Use Fee) on the Advance (excluding a $99.00 Delivery Fee, 10% Document Preparation Fee, and 25% Minimum Repayment Fee) calculated on a 12-month period, without compounding of the Use Fee.
** includes a total of $450 in underwriting, application, delivery fees, and $350 in hidden monitoring fees compounded monthly. Rate of 42.00%
*** includes a total of $450 in underwriting, application, monitoring, and delivery fees compounded in 6 month increments. Rate of 49.00%
**** Assumes fee structures being offered by other funding companies as of 3/1/2020
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