Why "Broker" Fees Can Cost You Double (And Why We Don't Charge Them)
4 min read read
Published Apr 2, 2025
The Hidden Middleman
When you search for "lawsuit loans" on Google, many of the top results aren't actually funding companies. They are brokers. These companies do not have their own capital. Instead, they act as lead generators.
They take your application, gather your sensitive data, and then "shop" it around to actual lenders (like us). While this might sound helpful, it comes with a massive price tag that most plaintiffs don't see until it's too late.
The 20% "Finder's Fee"
Brokers don't work for free. To get paid, they usually tack on a massive "brokerage fee" or "origination fee" to your contract. This can be as high as 15% to 20% of the total funded amount.
For example, if you need $5,000:
• Direct Lender: You borrow $5,000, you get $5,000.
• Broker: You borrow $5,000, but they take a $1,000 fee. You only receive $4,000, but you still have to pay back interest on the full $5,000!
Go Direct and Save
At World Legal Funding, we are a Direct Funder. We lend our own money, we make our own decisions, and we service our own contracts.
By cutting out the middleman, we eliminate those brokerage fees entirely. You get the full amount you applied for, and the application process is faster because we don't have to wait for third-party approval. Always ask: "Are you a broker or a direct lender?"
