Category Archives: Public

Is Consumer Legal Funding a loan? Why does it matter?

Opponents of Consumer Legal Funding have been working overtime to classify the product as a loan within the confines of State Legislators.

You may ask yourself, ‘so why does this matter?’

The classification of Consumer Legal Funding as a loan is more than mere semantics. Consumer Legal Funding is the purchase of an asset; that being a portion of the proceeds of the consumer’s legal claim. This form of investment allows the consumer to access much needed support in order to obtain the financial assistance they need while their claim is making its way through the system.