|
LawAdvance
|
Competitor 1
|
Competitor 2
|
Advance
Amount
|
$10,000.00
|
$10,000.00
|
$10,000.00
|
Rate
|
22.5% for the First
Six Months, 12.5% Thereafter
|
3.50% Compounded
Monthly
|
4.99% Compounded
Monthly
|
Cost After Six
Months
|
$12,250.00
|
$12,292.00
|
$13,393.00
|
Cost After One
Year
|
$13,500.00
|
$15,110.00
|
$17,938.00
|
Cost After 18
Months
|
$14,750.00
|
$18,574.00
|
$24,024.00
|
Cost After Two
Years
|
$16,000.00
|
$22,833.00
|
$32,177.00
|
Cost After Three
Years |
$18,500.00
|
$34,502.00
|
$57,719.00
|
|