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Costs and Considerations

While personal injury settlement funding can be beneficial, it's important to understand the costs involved. Funding companies typically charge fees and interest rates that can be higher than traditional loans. These charges accumulate over time, meaning the longer your case takes to settle, the more expensive the funding becomes. Therefore, it's crucial to weigh these costs against your immediate financial needs and the expected timeline of your case.

Always discuss potential funding with your attorney, as they can provide insights into the appropriateness of this option based on your case specifics and help you understand the terms and implications of any agreement you consider.