Car accidents continue to be a major cause for concern across Houston and the entire state of Texas. When you have been involved in a collision, and someone else is responsible, you may have the right to financial compensation. However, dealing with the insurance company and pursuing legal action can be a long and often drawn-out process.
It could be months or even years before you are awarded the compensation you need to rebuild your life. Fortunately, with our Houston car accident loans from High Rise Financial, you may be able to begin to start over now. Get the financial relief you need when you need it most. Apply now to get your car accident loan in Houston in as few as 24 hours.
In This Article
What Are Lawsuit Loans in Houston?
After the trauma of your car accident, the suggestion that you apply for a loan can seem odd. After all, if you are having trouble making ends meet, what good is a car accident loan going to do? The truth is, Houston car accident loans are not like the type of loan you might apply for through a financial institution such as a bank or a line of credit through a creditor.
Houston car accident loans are not dependent on having a perfect credit score, nor are they dependent on your ability to pay back the loan with wages. High Rise Financial loan specialists understand that after your car accident, you may not have an income. This is why our ability to approve your loan is not dependent on your ability to pay it back.
The car accident loan funds we provide you are yours, and you will only pay them back if your lawyer wins your insurance settlement or car accident lawsuit. In this way, car accident loans are a risk-free opportunity for you to get back on track financially.
To apply for free, call (877) 735-0016
Who Qualifies for Car Accident Loans in Houston?
You may have concerns that you will not be eligible for a car accident loan in Houston. However, the criteria for approval are much different than you might have previously thought. In fact, the only stipulation High Rise Financial has is that you be represented by a lawyer. Your lawyer will need to inform us as to whether recovery is expected in your case.
However, generally, since car accident lawyers work with victims on contingency, they would not have taken on your case if they did not believe you could recover compensation. Your lawyer is footing all of the costs of pursuing your insurance claim and a civil lawsuit against the liable party. In this way, we trust that your attorney will advise us accordingly as to whether you should be approved for a Houston car accident loan.
Houston Car Accident Lawyer Near Me (877) 735-0016
How Much Legal Funding in Houston Could You Be Approved For?
It is no surprise that you are wondering how much your car accident loan in Houston could be worth. The amount of compensation you can be awarded is based on several factors, including how long it will be before your attorney wins your case, the amount of compensation you are expected to be awarded, and other factors.
Generally, we may be able to offer up to 20% of the amount of compensation you are expected to be awarded in your car accident lawsuit and insurance settlement. However, this amount could vary greatly based on the specific circumstances of your case.
How Does Houston Legal Funding Work?
If you are hoping to access compensation to cover your costs and keep your family afloat while you wait for your car accident settlement to come in, a Houston car accident loan may be the perfect fit for you.
Once you have made the decision to take action, you may be wondering what to expect from the application process. High Rise Financial can approve your Houston car accident loan in just a few short steps:
- Apply now and fill out your application completely. Do not forget to include any supporting documentation of your injuries, your damages, and your attorney’s contact information.
- Once your application has been submitted, our loan specialists will reach out to your attorney to discuss the details of your case. Your lawyer will give us a better idea of how much you are expected to be awarded and how long it might be before your car accident claim is resolved.
- After we have spoken to your attorney and reviewed the details of your Houston car accident loan application, we will determine how much we can approve you for and send the funds to your bank within 24 hours.
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How to Repay a Pre-Settlement Funding in Houston
One of the top concerns car accident victims have is how they will pay back their car accident loans if their lawyer does not win their case. This is a valid concern, particularly when you are already struggling financially.
However, it is important to note that Houston car accident loans are non-recourse. We will never expect you to pay back your loan if your lawyer does not win your case. Your ability to pay back your loan is contingent on your insurance settlement or trial verdict, not your income or ability to earn a living. If your lawyer does not win your case, you will not have to pay us a dime.
If your attorney does win your case, your lawyer can then pay back your car accident loan directly using your settlement, so you do not have to worry about dealing with any outstanding “debts” or figuring out how to pay back your car accident loan.
Call High Rise Financial for Houston Lawsuit Loan Approval Today
When you are already struggling financially, the thought of taking out an additional loan may be overwhelming. However, since your car accident loans are unlike traditional loans, the risk in pursuing the financial help you mean is slim to none. Get the answers you need and the financial support you deserve when you contact High Rise Financial for help.
Our Houston pre-settlement funding could make all the difference in your ability to get through these difficult times. Find out how much your application could be approved for when you contact us by phone or through our convenient contact form.