Most artists will repay their advance right when the term ends, or a few months before. That’s how our data science team models the deals we offer.
But if your music doesn’t generate enough income to repay your advance during the term, we’ll collect until you are repaid, and no longer. We won’t add any balance to your advance if you are late, and we won’t charge any interest or penalties.
Please note, this article is specifically answering questions regarding the Too Lost partnership with chordCash.