When people get injured in a car accident, there’s more they suffer than pain and emotional trauma. They also suffer from financial stress. You can be left with huge medical expenses, lost wages, and other money issues.
If you have an ongoing case but are having trouble making ends meet, High Rise Financial can help you. We offer risk-free non-recourse Georgia car accident loans to help you cover your bills and daily expenses.
In This Article
Pre-Settlement Funding in Georgia
Pre-settlement funding, also known as a lawsuit loan, gives you the money you need while you pursue compensation in your car accident case. This funding works differently from conventional loans in many ways.
Most crucially, you only have to pay us back if you win your lawsuit. Our underwriting team will speak with your lawyer and assess the odds and value of your case. Many car accident cases qualify for pre-settlement funding.
We only can get paid back through your lawsuit, so your current financial situation, credit score, and employment history do not matter for qualification. All you need is a car accident claim and a retained lawyer working on the case.
Applying for Georgia Car Accident Loans
Applying for a Georgia car accident loan through High Rise Financial is quick and simple. The first step is to contact us to discuss your claim and provide some basic information about your case, as well as the contact information for your attorney.
Next, we will speak with your attorney to discuss the finer legal details of your case and pass that information on to our underwriting team. We will review the information and make a decision. Once approved, you will receive the cash from your lawsuit loan within 24 hours.
Since we do not check credit to determine if you qualify, there is zero risk to you in asking us for a loan qualification review of your case. If your insurance company is dragging its feet and the bills are piling up, call us and see what we can do for you.
Why Get a Georgia Car Accident Loan?
Unlike a traditional loan, our car accident loans in Georgia are far less risky. In a traditional loan, you have to pay it back no matter what your situation is. The interest rates can vary or compound. Also, if you can’t pay it back, the lender has legal recourse to go after your other assets.
Our non-recourse loans are different. If you lose your case, you do not have to pay us back. This is because the only form of funding we can claim to get paid back is your final settlement or award. Also, we only offer simple interest rates for all our loans, and they never vary.
You can use this money to cover vital bills and living expenses. This gives you and your lawyer more time to work through your case and fight for a larger settlement. It also removes a nasty tactic that insurers like to use to force people to settle early.
How Can You Spend Your Georgia Car Accident Loan Funding?
When you receive your Georgia car accident loan, you can use your money however you need to. Car accident loan recipients often deal with a wide variety of financial losses after their collision. Some of the ways you might spend your pre-settlement legal funding after a car accident include:
- Repairing or replacing your damaged vehicle
- Covering the costs of a rental car
- Paying off expenses you put on your credit card
- Covering your outstanding medical bills
- Paying regular monthly household expenses, such as your rent, mortgage, utilities, or other necessary bills
- Insurance premium coverage
Apply for Your Car Accident Loans in Georgia Today
High Rise Financial is available anytime to help you with your legal funding questions. Don’t wait on your settlement. If you’ve been in a car accident in Georgia, and you have a lawyer, reach out to our trusted experts by applying online today, calling our loan specialists, or filling out our quick contact form. We look forward to helping you cover your costs while you fight for justice.