How is the cash advance from Structured Settlement Funding different than a bank loan?
A bank will normally only lend you money if you have a home, car or something of value to use as collateral. A loan also must be paid back in full with interest and usually requires monthly repayment. Structured Settlement Funding makes a full risk investment in your case by providing you a cash advance in exchange for a partial interest in your settlement. Structured Settlement Funding gets repaid only when and if your case settles. If your case fails, Structured Settlement Funding loses its money. Banks and lending institutions would ordinarily never accept this risk.
