Entries by Crystal Olsen

ARC Advisory Council Members Sound Off on Misguided Legislation in Alabama

Earlier this month, two of ARC’s Advisory Council members spoke out against legislation in the Alabama state legislature that would eliminate choice for consumers. Professor Victoria Shannon Sahani and Professor Jeremy Kidd, both legal scholars and leading experts on consumer legal funding, wrote letters to the Alabama State Senate’s Committee on the Judiciary urging committee […]

ARC Joins AFP and United for Missouri in Condemning SB785

Today, two of Missouri’s largest conservative organizations came out strong against State Sen. Kurt Schaefer’s bill in the Missouri state legislature that would eliminate consumer choice for the people of the Show Me State. Americans for Prosperity and United for Missouri jointly authored a letter condemning the SB 785 which they say would “[undermine] individual […]

ARC Welcomes New Advisory Council Members

We at ARC are delighted to announce new additions to our ARC Advisory Council: Reverend Charles Atkins, Jr., Professor Terrence Cain, and Becki Gray. These three individuals bring a diverse set of backgrounds in social justice and free market ideals to the council, but all share a passion for advocating on behalf of programs and regulations that […]

Congratulations to Oasis Financial: An A+ BBB Accredited Business

One of ARC’s provider members, Oasis Financial, recently received A+ accreditation from the Better Business Bureau of Chicago and Northern Illinois (BBB) in recognition of its commitment to its customers and customer service practices. Oasis has been providing consumer legal funding for over a decade, and has been a pioneer in the industry. Congratulations to […]

Counterpoint: Unintended Consequences Plague Ward’s Well-Intentioned Legislation in Alabama

This week, our Executive Director, Rob Johnson, struck back at Alabama Sen. Cam Ward’s off base op-ed recently published in the Alabama Political Reporter. From Johnson’s response: “As Thomas Edison said, “a good intention, with a bad approach, often leads to a poor result.” This week, Sen. Cam Ward is planning to propose legislation that would […]

Where’s the U.S. in the U.S. Chamber of Commerce these days?

Can you put a price on your loyalty to your country? U.S. Chamber of Commerce board member Pfizer apparently can. Sitting upon $144 billion of deferred profits piling up overseas, the pharmaceutical giant has re-characterized its takeover of a smaller Irish rival as a “takeover” by the Irish firm of the much larger Pfizer. The benefit? […]

Hoosiers Forward Smart Regulation for Legal Funding

This morning, the Indiana State General Assembly’s Senate Civil Law committee sent a bill to the Senate floor that would bring smart regulation to consumer legal funding providers and strong consumer protections to the people of Indiana. Senate Bill 353, sponsored by Sen. Randall Head, is aligned with our ARC best practices and met with no opposition. […]

The 50 Shades of Legal Funding

If you have ever tried to look up information on legal funding, it’s immediately clear that these types of transactions have been given many different names over the last decade—the 50 Shades names of legal funding. Less sexy than the titillating best-selling book, legal funding is nevertheless an important topic, so here’s an attempt to […]

Time Value of Money: Why Lump Sum Payments Cost More

We’ve all played the lottery—bought tickets for a chance at winning the $1.5 billion Powerball. If you flick your eyes to the fine print, you see that if you win you can get the money in an annuity over 30 years.  You can elect to receive a lump sum payment now, bu only if you […]

FED Rate Hike Will NOT Affect Legal Funding Consumers

On Wednesday, Federal Reserve Chair Janet Yellen announced that the Federal Reserve would raise interest rates of the first time in almost a decade. Immediately, financial publications like the Wall Street Journal predicted that average Americans will see an immediate impact in higher charges on credit products. People will see their credit card rates, mortgages and […]