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.
Start by asking your current funder for a written payoff figure as of today. Without it there is nothing to compare.
A buyout makes most sense where the existing agreement compounds, has no cap, or steps monthly. It makes least sense where the existing terms are already flat and capped and the case is close to resolving.
We will tell you if it does not help. Buying out an advance that is about to be repaid anyway just adds a processing fee.
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Call 813-798-5528 and talk to a person, or apply in two minutes. There is no cost to apply, no credit check, and no cost if we say no.