Time is money...
We understand that settlements can be very complicated and take a long time to come to fruition. That's why we're helping clients monetize forecasted claims before settlement funds are distributed.
Our Claims Purchase Option allows MCAG's premier clients to assign future claims to MCAG and turn an undefined asset into real revenue.
within 30 days
You get the money even if the settlement disappears
We make claims
Securing an offer is easy
We know that not everyone can afford the luxury of waiting on a settlement distribution—that's why we've made our claims purchase application as easy as possible. If money is tight, why wait when you can get an offer to sell your claim today?
Millions of dollars
We've handled millions of
dollars in claims
We turn purchase offers into
cash in a matter of days.
Our proprietary database
makes pricing your
We take the risk, you get the
money even if the settlement
We understand waiting can be frustrating
Get your money fast.
MCAG's deep resources and settlement expertise allows us to conduct the underwriting diligence very quickly. In fact, we can turn around a purchase off in a matter of days.
Get your cash now
Here's how to secure an offer for your Visa/Mastercard Interchange Fee Settlement Claim...
Obtain an estimate
Obtain a final offer
Receive your payment
MCAG will provide an estimated claim purchase offer for you to review and determine if you want to proceed to a final offer.
MCAG will review your submitted business and V/MC information and send you a final offer for approval.
Once you approve the final offer and execute the Assignment of Claim Agreement, MCAG will send you the payment within 30 days.
If your business is interested in this option, please complete our Claims Purchase Application below so we can get the review process started.
We use our claim assignment valuation model to analyze your forecasted V/MC Claim against our propriety database of class action settlements and exclusive card processing data. After assessing our data in relation to your sales volume, we will determine the potential for assigning your claim to MCAG. Based on this analysis, we will then provide qualifying clients with a claim purchase offer.
Please note that you may be required to provide annual revenue and/or V/MC sales volume to receive a claim purchase offer.
Q: Can I sell my future claim to MCAG in return for money now?
A: Yes, you can assign your claim to MCAG in return for cash. Settlements take time. Some class members run into financial issues as they wait for them to be finalized and the funds to be distributed. It is advantageous for some businesses to assign their settlement claim to MCAG in return for urgent cash before settlement administrators distribute the funds.
For large settlement claims, you can reach out to us and we will help you determine the estimated value of your upcoming claim – before the settlement administrator distributes any funds – and make an offer to pay your organization a mutually agreed upon cash sum in return for your organization assigning the future settlement funds to MCAG.
Q: How do I sell my claim?
A: Assigning your claim is simple. First, you need to complete our claim assignment application and then go over any questions we may have over the phone. This only takes a few minutes and then we are ready to move forward with your application. Most applicants get their money within 30 days.
Q: Why would I assign my claim?
A: This type of unique funding provides your organization the money you need now, by allowing you to assign your future settlement claim. Settlement class members can benefit from settlements now by obtaining cash prior to the settlement funds being distributed, helping class members to pay for business expenses while the settlement is being finalized. MCAG’s claim purchase funding is 100% risk-free because you repay NOTHING if the settlement funds are never distributed or less than what was forecasted.
Q: Is this a loan?
A: A settlement claim assignment is not a loan. MCAG purchases the assignment of the future settlement proceeds. In other words, your organization receives cash today in exchange for assigning your future settlement claim to MCAG.
Q: How are we approved?
A: Unlike typical bank loans, this type of funding does not require credit checks for approval. MCAG treats this funding as an investment, so the stronger your case as a class member, the more likely we will take the risk to approve your application. There are no credit checks and no risk to you. If the settlement never pays out, you owe nothing. Guaranteed.
Claims Purchase Application
If your organization is interested in learning more about this opportunity, please complete our application so we can schedule a call to update you on the status of the Visa/Mastercard Settlement, provide more information about our claims purchase option, and determine your organization's eligibility for this offer.
Payment Card Settlement Disclaimer: On December 13, 2019 the Court granted final approval of the settlement. No claim forms are available at this time, and no claim-filing deadline exists. No-cost assistance will be available from the Class Administrator and Class Counsel during any claims-filing period. No one is required to sign up with any third-party service in order to participate in any settlement. For additional information regarding the status of the litigation, interested persons may visit www.paymentcardsettlement.com.