We will buy part of the contract.Partials:A partial purchase is the purchase of the next 60, 80, or 100 payments depending on the need you have for cash. After 60 payments have been made, you get the note back and continue to receive the payments.Advantage:You can get up to 100% or more of the current back by the end of the note payout. The only money you give up is part of the interest.Split Payment:Suppose your note balance is $80,000 and you only need $30,000 cash. Split payments are a type of partial purchase in which we pay a lump sum of cash for 1/3, 1/2, 3/4 of each monthly payment. You get cash and part of the payment, too. |