42 questions
Straight answers, one question at a time.
Cost & terms
9 questions
How much does pre-settlement funding cost?
Get Lit Money charges 25% of the amount advanced for every six-month period the case stays open, calculated on the original advance and never compounded, plus a one-time $100 application fee and a $100 processing fee. A $2,500 advance repaid inside the first six months costs $825 in total — $625 in charges and $200 in fees.
What is the interest rate on a lawsuit loan?
Get Lit Money charges a flat 25% per six-month period on pre-settlement advances and 15% per six-month period on post-settlement advances, charged on the original amount advanced and never compounded. Because it is not a loan and the charge is not compounded, it is more accurate to call it a rate per period than an annual interest rate.
What fees do you charge?
Two, and that is the complete list: a $100 application fee charged on your first advance only, and a $100 processing fee charged on each advance. Get Lit Money charges no closing fee, no document filing fee, no underwriting fee, no servicing fee, no wire fee and no broker fee. The only thing that grows with time is the published charge per six-month period, which the agreement calls a renewal fee.
Are there upfront fees?
No. Get Lit Money charges a $100 application fee on your first advance and a $100 processing fee on each advance, and those two are the only fees we charge — but neither is paid out of pocket. Both are added to the amount repaid from your settlement, and neither grows over time.
What happens if my case takes two years?
At twenty-four months the charge on a pre-settlement advance reaches 100% of the amount advanced and stops permanently. From that point the amount you repay on the advance does not increase again, no matter how much longer the case runs.
Is there a cap on what I repay?
Yes. Repayment on a Get Lit Money advance is capped at 2× the amount advanced — charges stop at 100% of the advance and never increase after that. The two $100 fees sit outside the cap and do not grow, so a $2,500 advance repays at most $5,200.
Do I pay anything out of pocket?
No. You pay nothing out of pocket at any stage — not to apply, not to receive the money, and not while the case runs. Everything owed is repaid directly from your settlement, and if there is no settlement there is nothing to repay.
What does non-recourse mean?
Non-recourse means the advance is repaid only out of a recovery in your case. If you do not recover anything, you owe nothing — Get Lit Money cannot pursue you, your wages, your bank account, your home or your credit for the money. The one exception is fraud or a breach of the agreement on your side.
What if I lose my case?
You owe nothing. Every Get Lit Money advance is non-recourse, which means it is repaid only from a recovery — if your case does not produce one, the advance, the charges and the fees are all canceled and you keep the money. The one exception is fraud or a breach of the agreement on your side.
Eligibility
8 questions
Do I need a lawyer to get a lawsuit advance?
Yes. You must be represented by an attorney on a contingency fee basis to receive an advance from Get Lit Money, and this is true of every legitimate funder in the category.
Do you check my credit?
No. Get Lit Money does not run a credit check, and applying has no effect on your credit score. The decision is based on the strength of your case, not on your credit history, income or employment.
Can I qualify if I'm unemployed?
Yes. Employment is not a requirement for a Get Lit Money advance. Being out of work because of your injury is the most common reason people apply, and it has never been a reason we decline.
How much can I get?
Get Lit Money advances start at $500. The amount available on any given case depends on the likely value of the claim and the insurance coverage behind it, and funders in this category generally advance a modest fraction of expected recovery rather than most of it.
What cases qualify?
Get Lit Money funds personal injury and workers' compensation claims — including motor vehicle accidents, truck and motorcycle crashes, slip and fall, premises liability, medical malpractice, product liability, wrongful death, civil rights and employment claims — where you are represented by an attorney on contingency and the case is in a state we serve.
Can I get funding on a workers' comp claim?
Yes, in most of the states we serve. Workers' compensation claims are eligible for a Get Lit Money advance, though availability varies by state because some states restrict assignment of workers' compensation benefits.
Can I get a second advance?
Yes. You can apply for additional advances on the same case, subject to the same review. On a second or later advance only the $100 processing fee applies — the $100 application fee is charged once.
Why was my application denied?
Applications are most often declined because liability is genuinely disputed, because there is little or no insurance coverage behind the claim, because the case is in a state we do not serve, or because existing liens against the settlement already exceed what the case is likely to recover.
Process
7 questions
How long does approval take?
Most applications are decided within one business day of our receiving your case file, and same-day decisions are common. The application itself takes about two minutes.
How fast do I get the money?
Most people are funded the same day they sign. Once you are approved and have signed the agreement, we send your funds by direct deposit. With many larger banks the money shows up right away; with others it can take a business day or two.
What does my attorney have to do?
Your attorney confirms the basic facts of the case and provides the file we ask for. They do not sign anything, they are not guaranteeing repayment, and they are not taking on any liability.
What documents do you need?
Get Lit Money needs your attorney's name and contact details, the basic facts of the accident, and the case file from your attorney's office — usually the police or incident report, medical records and bills to date, and the available insurance information.
How do I receive the funds?
By direct deposit to your bank account. Most advances are sent the same day they are signed. Many larger banks show the money right away; others can take a business day or two. If you would rather be paid through PayPal or Venmo, the agreement lets you choose that instead.
Can I cancel after I sign?
Yes. You have five business days after you sign to cancel the agreement without penalty. Tell us in writing and return the full amount of the advance, and you owe nothing — no charges and no fees.
What if my attorney says no?
If your attorney will not work with us — confirm the facts of the case and send the file — the advance cannot proceed. Ask them why — the objection is usually to the cost of a specific offer or to a particular funder's contract, not to the concept, and it is worth hearing.
Legal & tax
6 questions
Is a lawsuit loan actually a loan?
No. Despite the name people search for, a pre-settlement advance is not a loan — it is a non-recourse purchase of a portion of your future settlement. If there is no settlement, there is nothing to repay, which is not true of any loan.
Is pre-settlement funding legal in my state?
It depends on the state, and the map changed materially in 2026. North Carolina banned third-party litigation funding outright in June 2026; New York's Consumer Litigation Funding Act took effect the same month; and Georgia has required NMLS registration since January 2026. Get Lit Money funds in 20 states plus the District of Columbia.
Will this affect my credit score?
No. Get Lit Money does not check your credit, does not report the advance to any credit bureau, and cannot report a missed payment because there are no payments. Applying and being funded both leave your credit file untouched.
Is pre-settlement funding taxable?
A pre-settlement advance is generally not taxable income when you receive it, because it is an advance against a future recovery rather than income. Whether the underlying settlement is taxable is a separate question that depends on what the settlement compensates you for.
Will funding affect my Medicaid or disability benefits?
It can. Needs-tested programs such as Medicaid and Supplemental Security Income look at your assets, so receiving a lump sum may affect eligibility. Programs based on work history, such as Social Security Disability Insurance, are generally not affected.
Does the defendant find out?
Usually not, but it depends on the state. Get Lit Money does not notify the defendant or their insurer, and in most states funding is not disclosed. Some states now make funder involvement discoverable in litigation — Georgia's SB 69 is one example — which means the other side could learn of it through discovery.
Comparison
6 questions
What is the difference between pre-settlement and post-settlement funding?
Pre-settlement funding is an advance while your case is still open and the outcome is unknown; post-settlement funding is an advance after your case has resolved but before the money has been disbursed. Post-settlement costs less — 15% per six-month period against 25% — because the risk is lower.
How do I compare lawsuit funding companies?
Ask every funder for the total dollar amount you would repay at six, twelve, eighteen and twenty-four months on the exact amount you need, in writing, with every fee itemized. Comparing those four numbers is the only reliable method, because advertised rates use different periods, different compounding and different fee structures that are not comparable on their face.
What is a lawsuit loan buyout?
A buyout is when one funder pays off your existing advance with another company and replaces it with their own on better terms. It is worth doing when your current agreement compounds or has no cap, because the balance on those agreements can grow past the value of your case.
Can I refinance an existing advance?
Yes. Get Lit Money buys out advances from other funders, replacing a compounding or uncapped agreement with a flat 25% per six-month period, no compounding, and a hard 2× cap. Whether it is worth doing depends on your current payoff figure and what is left in your case.
What are the red flags of a predatory funder?
The clearest warning signs are a refusal to put total payoff figures in writing before you sign, a rate that compounds, no cap on total repayment, a fee schedule that is not itemized, pressure to decide immediately, and an offer to fund without your attorney's involvement.
Why do funders advertise "starting at" rates?
Because the advertised rate is a floor reserved for the strongest cases, not the rate most applicants receive. A funder advertising "starting at 2.95%" or "as low as" is quoting its best-case pricing, and applicants typically discover the rate they actually qualify for at signing.
Settlement
6 questions
Why is my settlement taking so long?
The most common reasons are that your medical treatment is not finished, that liability is disputed, that the insurer is deliberately slow, or that the case has entered litigation. Attorneys generally will not settle before you reach maximum medical improvement, because settling earlier means guessing at the cost of care you have not had yet.
How are settlement funds disbursed?
Settlement money goes first into your attorney's trust account. From there the firm pays the attorney fee and case costs, then medical liens and any funding liens, and the remaining balance is disbursed to you — usually within a few weeks of the funds clearing.
What is a medical lien?
A medical lien is a claim on your settlement held by a healthcare provider, health insurer or government program that paid for your treatment. It is repaid out of the settlement before you receive your share.
How long can my lawyer hold my settlement check?
Your attorney must disburse your share within a reasonable time after the settlement funds clear, and must hold them in a trust account until then. In practice a few weeks is normal; several months without explanation is not.
Should I accept the first settlement offer?
Usually not without your attorney's advice. First offers are typically opening positions rather than valuations, and they often arrive early precisely because the insurer expects financial pressure to make a low number look acceptable.
What happens to my advance if I switch lawyers?
The advance follows the case, not the attorney. If you change firms, the lien remains against the settlement and your new attorney is given notice of it in the same way — but tell us when it happens so the file is not disrupted.
Question not here? Call and ask.
We will tell you plainly if we cannot help, rather than leaving you waiting.