An interest free advance paid up to $100, 000 on your impending inheritance is offered by ifccash.com
Now, this is an interesting concept. How many of you have heard about inheritance loans so far?
If there is no interest on the advance, what is in it for the advance providers? Ifccash.com, a major player in this industry says that you will be required to payback something extra along with your cash advance and that ‘something’ depends on various factors that will be discussed only with applicant of the cash advance.
What appealed to me is their commitment towards the disbursal of the funds and the cost involved. It is an open secret that the legalities involved in matters like this are very complicated and it might even taken one year before the beneficiary actually lays his hands on the inheritance.
Once both the parties agree on the cost, it stays. Ifc cash will not demand anything extra over the delays in settlement due to various legal issues though they release the funds granted in less than 7 days. That is a noble gesture-right?
No wonder ifccash.com tops the Google’s search page result when I keyed in “Inheritance Cash Advance”. I did this just out of academic interest to know about similar players.
My father-in-law was a lawyer. I am sure he would found this concept innovative and enterprising.
Wake up Indian finance companies! This is a spectacular and remunerative avenue really.
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