Program Comparisons 2025-2026

Program Key

PR9 Standard

PR15 Standard

PR15Cont Contingency PR15

PR15Cal PR15 California

PR16Cont Freedom Contingency PR16

PR17 FeeSplitPro

01

Aggregated Results

86.0%

Best Funding Rate

PR16Cont

6.8%

Lowest Drop Rate

PR16Cont

5-0

Most H2H Wins

PR15Cal

7.0 days

Fastest to Fund

PR16Cont

Full Comparison Table

Metric	PR16Cont	PR15Cal	PR15	PR17	PR9	PR15Cont
Funding Rate	86.0%	83.4%	73.1%	69.6%	67.6%	64.1%
H2H Funding Wins	4	5	3	2	0	0
Pre-Fund Drop Rate	6.8%	14.3%	15.7%	8.9%	22.9%	17.1%
Non-Payment Drop Rate	6.8%	14.3%	15.3%	8.9%	22.2%	16.6%
Other Cancellation Rate	0.0%	0.0%	0.4%	0.0%	0.7%	0.6%
Avg PP%	35.4%	35.3%	35.2%	37.2%	32.8%	30.6%
Avg Enrolled Debt	$59,121	$52,297	$61,388	$61,713	$77,750	$47,155
Avg 1st Payment	$1,032	$867	$1,573	$1,561	$1,760	$1,173
Avg Days to Fund	7.0	7.3	7.5	7.1	9.1	7.3

Key Insight: PR16Cont is the clear winner — highest funding rate (86%), lowest drop rate (6.8%), fastest to fund (7.0 days). PR15Cal is second with an undefeated 5-0 H2H record.

02

Visual Breakdowns

Funding Rate by Program

Pre-Funding Drop Rate

Avg PP% by Program

Avg Enrolled Debt

Avg 1st Payment

03

Head-to-Head Matchups

Matchup Summary Table

Matchup	Pairs	Prog A Rate	Prog B Rate	Winner	Margin

04

What Else Drives Funding

Funding Rate by PP% Range

Funding Rate by Debt Size

05

Company Performance

Company	Clients	Funded	Funding Rate	Drop Rate
FDR	475	412	86.7%	6.5%
BDA	497	386	77.7%	18.1%
LADZ	161	123	76.4%	1.2%
CR	1,085	739	68.1%	17.1%

Company Funding Rate & Drop Rate

06

State Performance

Sorted by funding rate. Green = top tier (≥80%), Red = bottom tier (<65%).

07

Methodology

How Pairs Were Matched

Clients were matched into pairs based on similar enrolled debt amount, enrollment date window, and state of residence.
Each pair consists of one client from Program A and one from Program B, ensuring an apples-to-apples comparison.
Equal n per matchup: each side of a matchup has the same number of clients (e.g., 238 pairs = 238 from PR15 and 238 from PR16Cont).

Aggregation Formula

Aggregated program metrics (Section 01) are calculated across all matchups that include that program, weighted by pair count.
A program's overall funding rate is the total funded clients divided by total clients across all its matchups.

What Pre-Funding Drops Means

Pre-funding drop rate measures clients who left the program before any settlement was funded on their behalf.
This includes both voluntary cancellations and non-payment drops (clients who stopped making program payments).
Non-payment drop rate is a subset of the pre-funding drop rate, isolating only those who dropped due to missed payments.

Head-to-Head Winner Determination

The winner of each matchup is determined by funding rate. In tie scenarios, drop rate is used as a tiebreaker.
H2H Wins count reflects how many distinct matchups a program won out of all matchups it participated in.