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.
The charge steps twice a year rather than every month. If your case settles in month one or month five, you pay the same 25%. It moves to 50% at month six, 75% at month twelve, and 100% at month eighteen.
At month twenty-four the charge reaches 100% of what was advanced and stops permanently. That is the 2× cap. Whether your case settles in year three or year six, the amount you repay on the advance does not move again.
The two fees sit outside that cap and never grow. The $100 application fee applies to your first advance only; the $100 processing fee applies to each advance. Neither is paid out of pocket — both are added to what is repaid at settlement.
Half of our pre-settlement advances are repaid within 171 days, which puts most advances in the first column. The full schedule is published anyway, because roughly half of files do cross into the second period and nobody should be surprised by that.
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