Family Finance.

About Family Finance 

RateSetter Family Finance loans are designed to assist with legal costs for people going through divorce or civil partnership dissolution. We can also assist with children proceedings running concurrently.

Applications are made on the behalf of the client via their solicitor. Approved clients are provided with a credit limit which the solicitor can request to draw down from to cover their invoices. The client is only charged interest on each amount drawn.

Key features

  • Eligibility checks without impacting a client’s credit score
  • Credit limits from £10,000 to £500,000
  • No monthly repayments – capital and interest payable in full upon settlement of your case
  • Fixed interest rate with no additional fees
  • Decisions on applications made within 3 working days
  • Invoice payments made directly to the law firm next working day after the client has authorised the request

 

How to apply 

If you would like to offer RateSetter Family Finance loans to your client, you and your firm will need to be on our panel of solicitors having signed our terms. Please contact our Family Finance relationship team at [email protected] or call 020 3176 7181.

Key documentation
for solicitors 

Key documentation
for clients 

RateSetter’s Family Finance scheme is one funding option potentially available to your client and they should obtain independent financial advice to ensure they are comfortable and this is the best choice for them.