Inheritance Funding Blog: Inheritance Loans Versus Assignments. Exactly How Does It Work?

Inheritance loans versus assignments, present no differences at all. They are all, in fact, related terms used interchangeably and often to describe the same interest-free inheritance funding process; with no income or credit requirements. The same inheritance advance, inheritance loan or probate loan terminology and applications, qualifications and requirements for approval... that you will find in our Inheritance Funding Blog. Dig deeper into the Probate Process itself, by clicking here...

Inheritance Cash, LLC does not provide interest based Inheritance Loans or Probate Loans, but rather transactions that are referred to as Inheritance Cash Advance Assignments or Inheritance Advance Assignments – to be accurate. Essentially, we purchase a portion of an heir's expected inheritance at a discount.

It is worth noting that an inheritance cash advance assignment is not an interest bearing loan, therefore there is no risk of recourse for non-payment. Heirs, clients of inheritance advance funding companies, are not personally responsible for repayment. Commonly, consumers will refer to inheritance cash advance assignments as: inheritance loans, probate loans, estate loans, or probate advance loans; however it is important to note the difference – clients of inheritance advance funding firms do not “borrow against their inheritance”; and they do not “get a loan on their inheritance.” Inheritance advance companies do not technically provide inheritance loans, probate loans or estate loan service to clients. Their service is 100% based upon making non- interest bearing, non-recourse, inheritance cash advance assignments. Cash assignments. Technically these are not personal loans, such as you would receive from a bank.

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