Fair Rate Funding | Reviews From Around the Web

Fair Rate Funding  Reviews From Around the Web

Fair Rate Funding is a New Jersey based lawsuit loan company founded in 2007.

They offer pre-settlement loans for people with pending lawsuits who need cash to meet their financial needs. They have their own underwriting process and provide clients with a wide range of cash advancement amounts, depending on the value of their case.

Pre-settlement funding provides your money in exchange for part of your future settlement. If you settle your case, the company receives the portion of the settlement they purchased. However, if you lose your case, you don’t have to pay the company back.

Fair Rate Funding offers low-interest rates for cases that are more likely to win, like rear-end auto accidents that cause an injury. In most situations, applicants receive approval and a cash advance within 48 hours. Fair Rate Funding also provides funding for almost every type of case, ranging from car accidents and medical malpractice to product liability and workers’ compensation.

Review Overview
3 reviews → 3.5 out of 5 stars
21 reviews → 4.6 out of 5 stars
1 review → 5 out of 5 stars
A+ rating, no reviews
No reviews

Some of the good things people are saying about Fair Rate Funding:


They worked hard until I was able to get funded for the funds I needed. I researched all the major competitors. And, I would highly recommend this company over the other companies in the industry. EXCELLENT!


Rebeca M. from California left a 5-star Yelp review in 2017


Awesome rates, good customer service and for being 6 hrs behind, Marjie and Paul were very helpful and straightforward. You guys helped me out tremendously and I really appreciate it.


Evan T. left a 5-star Google review in July 2019.

Some of the negative reviews about Fair Rate Funding:


Funding was quick and fast. Fees were and are high including the sending fee which isn’t known until it’s deducted.


Roscoe H. left a 3-star Google review in 2018.


They are slow, annoyed by phone calls, and then use fraudulent info to deny just to get you an answer. Please use someone else.


Tamara S. from Florida left a 1-star Yelp review in 2015.

How Ally Lawsuit Loans and Fair Rate Funding Compare

When searching for lawsuit funding, it is imperative to know all of your options. Here is how Ally Lawsuit Loans compares to Fair Rate Funding.

Ally Lawsuit Loans Guarantees the Lowest Rate for Every Type of Case

For many funders, the interest rate of a lawsuit loan depends on the nature of your case. In fact, Fair Rate Funding states that someone that sustains injuries in an auto accident will have a loan with a lower interest rate than someone who slips and falls.

In contrast, Ally Lawsuit Loans guarantees the lowest interest rate in the industry for all case types.

Both Funders Offer Risk-Free Lawsuit Loans

Both funders offer risk-free loans regardless of the case. If you don’t win your lawsuit, then you do not have to pay the lender back for the loan. 

Both Funders Approve Loans Within the Same Timeframe

Fair Rate Funding claims that it has a 24 to 48-hour approval process. Afterward, they wire funds to the client within 24 hours. Ally Lawsuit Loans approves and distributes most loans within 24 hours, with very few exceptions.

Neither Funder Performs a Credit Check on Their Applicants

Most lawsuit loan companies do not check your credit while reviewing your application for lawsuit funding. Both Ally Lawsuit Loans and Fair Rate Funding ignore credit during the application process.

Fair Rate Funding Offers Advances with No Maximum

Depending on the value of the case, Ally Lawsuit Loans offers cash advances ranging from $500 and $750,000. Fair Rate Funding has a minimum of $500 advance but does not have an absolute maximum amount.

Get a Lawsuit Funding Quote Today

Contact Ally Lawsuit Loans if you cannot wait for your settlement. Our application is quick and easy. We guarantee the lowest rate for your case and approve most applications within 24 hours. Our loans are also risk-free; you don’t have to pay us back unless you win your case.

Apply today for pre-settlement funding or call 800-760-0704 to learn more about lawsuit loan solutions.

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