Inheritance Funding Company review
Get up to 50% of your inheritance — without paying any interest.
Have an inheritance tied up in probate court? Inheritance Funding may be able to advance you up to 50% of the funds — no matter your financial situation. But you won’t know what fees you’ll be charged until after you call for a consultation.
What makes Inheritance Funding Company unique?
Inheritance Funding Company offers advances on inheritances. Since they're not loans, you don't have to worry about paying interest or meeting any credit requirements. And there's no due date — it simply collects your advance plus fees once your inheritance is out of probate court.
What is Inheritance Funding Company?
Inheritance Funding Company allows you to get an advance of up to 50% of your expected inheritance, typically between $3,000 to $350,000.
The exact fees involved depend on your specific case, including the complexity of the estate, length of time it takes for the estate to close.. Once you complete your free consultation, Inheritance Funding Company will be able to outline the fees that will be taken out of your inheritance if you choose to get an advance.
If your case gets through probate by a certain date, you may even be eligible for a rebate on the fees you paid — though it depends on your contract.
What are the benefits of Inheritance Funding Company?
If you've been thinking of getting an advance on your inheritance, here are some benefits of using Inheritance Funding Company:
- Receive up to 50% of your inheritance. If you have a large inheritance, you may qualify for an advance of up to 50%. Most companies limit you to less than 40%.
- Rebates available. Inheritance Funding Company builds early pay-off rebates into your advance. If your inheritance becomes available earlier than anticipated, you'll receive a check for the rebate amount within five business days.
- Your financial situation doesn't matter. Because Inheritance Funding Company doesn't offer loans, your credit and past delinquencies — including foreclosures and bankruptcy — won't prevent you from receiving an advance on your inheritance.
- No fees for probate delays. If your inheritance is delayed in probate, you won't have to pay any fees.
- Online probate resources. Inheritance Funding Company's website has a list of resources to help you better understand the probate process in general, as well as the rules and regulations in your state.
What to watch out for
Inheritance Funding Company may be more transparent than its competitors, but there are still a few potential drawbacks to consider:
- Must have a large inheritance. Unlike some other companies that are willing to work with smaller cases, Inheritance Funding Company requires you to have an inheritance of at least $10,000 to qualify.
- Unclear advance fees. Inheritance Funding Company lists nothing on its website regarding the fees you may have to pay for an advance. Instead, you'll have to call for a consultation to learn more about what it might cost you.
- No online application. While you can fill out a quick form to get started with the consultation process, there isn't an online application — you'll have to speak with a representative to learn more about your potential advance.
Compare inheritance advance providers
What does the Internet say about Inheritance Funding Company?
Mostly good things as of August 2019. It's been accredited with the Better Business Bureau (BBB) since 1995 and receives an A+ rating — largely due to the lack of complaints. Plus, it receives 4 out of 5 stars based on 14 customer reviews.
Most praise the company for its quick and efficient service. While there are a few 1-star reviews that complain about unprofessional behavior from some of Inheritance Funding Company's customer service reps, customers seem pleased overall with the service they received.
Am I eligible?
To qualify for an advance from Inheritance Funding Company, you must meet the following requirements:
- Inheritance of at least $10,000
- Probate estate opened or in the process of being opened
You may also qualify for an advance if you're waiting for a Trust to be opened.
How do I apply?
To receive a free consultation, you can call Inheritance Funding Company at 855-498-6572 or fill out its online form by following these steps:
- Visit Inheritance Funding Company's website and click Apply Now.
- Enter your full name, email, phone number, the name of the person you're inheriting from and any additional comments you may have.
Inheritance Funding Company will contact you to begin the consultation process.
I got the inheritance advance. Now what?
You can use your advance however you'd like. Because Inheritance Funding Company is paid directly through the estate, you won't have to worry about making monthly repayments. Once the distribution of the probate estate goes through, Inheritance Funding Company will collect your advance and any fees, then you'll receive your remaining inheritance.
While Inheritance Funding Company provides a quick way to get an advance on your inheritance, you'll still need to meet a few basic requirements to qualify. If your case isn't in probate court yet or your inheritance is less than $10,000, you'll need to consider your other inheritance funding options.
Prefer not to use your inheritance? You might want to compare your personal loan options instead.