A comparison of rates by Personal Injury Lending Services

Total cost of a loan

Based upon monthly or yearly compounding, and actual interest rates.

$ amount borrowed / # of years PILS Rates Various rates of our competitors
$500 39% (3.25%/month) compounded yearly 39% (3.25%/month) compounded monthly 82.8% (6.9%/month) compounded yearly 82.8% (6.9%/month) compounded monthly 120% (10%/month) compounded yearly 120% (10%/month) compounded monthly
1 year(s) 695.00 733.92 914.00 1,113.53 1,100.00 1,569.21
2 year(s) 966.05 1,077.29 1,670.79 2,479.90 2,420.00 4,924.87
3 year(s) 1,342.81 1,581.29 3,054.21 5,522.90 5,324.00 15,456.34
4 year(s) 1,866.51 2,321.09 5,583.09 12,299.85 11,712.80 48,508.62
$1,000 39% (3.25%/month) compounded yearly 39% (3.25%/month) compounded monthly 82.8% (6.9%/month) compounded yearly 82.8% (6.9%/month) compounded monthly 120% (10%/month) compounded yearly 120% (10%/month) compounded monthly
1 year(s) 1,390.00 1,467.85 1,828.00 2,227.06 2,200.00 3,138.43
2 year(s) 1,932.10 2,154.57 3,341.58 4,959.81 4,840.00 9,849.73
3 year(s) 2,685.62 3,162.58 6,108.42 11,045.81 10,648.00 30,912.68
4 year(s) 3,733.01 4,642.19 11,166.18 24,599.70 23,425.60 97,017.23
$2,000 39% (3.25%/month) compounded yearly 39% (3.25%/month) compounded monthly 82.8% (6.9%/month) compounded yearly 82.8% (6.9%/month) compounded monthly 120% (10%/month) compounded yearly 120% (10%/month) compounded monthly
1 year(s) 2,780.00 2,935.69 3,656.00 4,454.13 4,400.00 6,276.86
2 year(s) 3,864.20 4,309.15 6,683.17 9,919.62 9,680.00 19,699.47
3 year(s) 5,371.24 6,325.17 12,216.83 22,091.61 21,296.00 61,825.36
4 year(s) 7,466.02 9,284.38 22,332.37 49,199.40 46,851.20 194,034.47