Your current positions
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Your paymentestimate
Enter your current positions to see the new schedule.
Real terms come from your file, after underwriting.
FAQ
Common Questions
How does a reverse consolidation work?
Instead of a lump payoff, the funder deposits money each week that covers your current advance payments as they come due. You pay the funder one lighter weekly payment until its payback is covered.
What is the payment cut?
How much lighter your one weekly payment is than the combined payments you make now, from 10% to 50%. A deeper cut means more weeks to finish.
What share of my current payments does the funder cover?
The calculator opens at 100%, the whole of each payment, and runs down to 50%. Whatever the funder does not cover still comes out of your account while the deposits run.
What does a reverse consolidation cost?
The deposits the funder makes, times the factor rate, are the total payback, and the difference is the cost of capital. The chart shows what leaves your account each week before and after.