After you have suffered devastating injuries in a motor vehicle accident, you may be ready to demand justice. Fortunately, when someone else is responsible for your injuries, you may be able to recover the compensation you need by pursuing insurance and civil claims against the culpable party.
While you wait to be awarded the compensation that is rightfully yours, you could find yourself in dire financial straits. Get the financial help you need now, not months or years from now. Apply for our Los Angeles car accident loans at High Rise Financial and access the funds you need to cover your costs and begin to rebuild your life.
In This Article
- When to Apply for a Car Accident Loan in Los Angeles
- Criteria for Pre-Settlement Funding in Los Angeles Approval
- What Can You Use Your Car Accident Loan Funds For?
- The Value of Los Angeles Pre-Settlement Funding
- Los Angeles Lawsuit Loan Repayment
- Get Help from Our Loan Specialists at High Rise Financial Today
When to Apply for a Car Accident Loan in Los Angeles
After everything you have been through, the thought of applying for a car accident loan can seem impossible. When you are already struggling financially, applying for a lawsuit loan in Los Angeles may be the furthest thing from your mind. However, car accident loans are not like loans you would seek from a bank or other financial institution.
Your car accident loan is not based on credit approval or your ability to pay back the loan. Instead, it is based on the likelihood that you are going to be awarded compensation for your damages through a car accident insurance settlement or civil claim.
You may not be sure whether you should apply for a car accident loan, but when you are struggling to cope financially and are having trouble making ends meet, a car accident loan could provide you with the funds you need when you need the most.
The best way to find out whether a Los Angeles car accident loan is a good fit for you is to reach out to your attorney for guidance and support. Your lawyer can give you a better idea as to whether applying for Los Angeles pre-settlement funding through a car accident loan is in the best interests of yourself and your family.
To apply for free, call (877) 735-0016
Criteria for Pre-Settlement Funding in Los Angeles Approval
You know that car accident loan approval is not based on credit worthiness or your ability to pay back the loan through wages. After all, your car accident may have made it impossible for you to continue earning a living while you recuperate.
There are two primary requirements that you will need to meet if you hope to get your Los Angeles car accident loan approved. These requirements include:
- Being represented by a car accident attorney
- Expecting a recovery in your case
Once you have made the decision to apply for Los Angeles legal funding, you will need to fill out our application in detail. We will need to know who your attorney is so we can reach out to them to discuss the circumstances of your case. From there, we will talk to your attorney and find out how much you are expected to be awarded to determine how much we should approve your loan for.
Los Angeles Car Accident Lawyer Near Me (877) 735-0016
What Can You Use Your Car Accident Loan Funds For?
The great thing about Los Angeles car accident loans is the ability to use them however you like. Many other lenders will restrict the funds a car accident victim can use or limit them to specific purchases.
However, your car accident insurance settlement and civil claim payout will not be monitored, so neither should your car accident loan funds. Our applicants have been able to cover a wide variety of expenses with their car accident loans in Los Angeles, such as:
- Rent or mortgage payments
- Utility bills and Internet expenses
- Car payments and insurance costs
- Credit card debt
- Entertainment expenses
- Groceries and household items
Ultimately, you have the say and how your car accident loan money is spent. There are never any restrictions or limitations placed on you by our High Rise Financial lenders.
The Value of Los Angeles Pre-Settlement Funding
It is difficult to say how much your Los Angeles car accident loan could be worth. In many instances, we are able to award victims as much as 20% of the amount of compensation they are expected to be awarded through their insurance claim or civil lawsuit.
The amount of compensation you could be awarded through your insurance claim or in court will be based upon the ways your life has been affected by your car accident. Some of the different losses you could seek in your claim include:
- Emotional trauma and mental anguish
- The embarrassment and trauma of skin scarring and disfigurement
- Your loss of income and diminished earning capacity
- The cost of your medical treatment and care both now and in the future
- Your physical pain and suffering
- Any reputation all damages you might have experienced
- The costs of your increased insurance premiums
- Loss of consortium and diminished quality of life
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Los Angeles Lawsuit Loan Repayment
One of the best things about Los Angeles car accident loans is the fact that they are low risk. If your lawyer does not win your car accident claim and High Rise Financial has already approved your application and sent you your funds, you do not need to worry about repaying us.
Our non-recourse loans only need to be repaid if your lawyer wins your case. After everything you have been through, this should give you some peace of mind as you make the decision to apply for a car accident loan in Los Angeles.
Get Help from Our Loan Specialists at High Rise Financial Today
Are you tired of struggling financially after your car accident in Los Angeles? You do not have to go through this alone. Get help recovering the funds you need to cover your outstanding debts and regular monthly expenses when you apply now.
Our experienced loan specialist at High Rise Financial can help you understand whether you meet the eligibility requirements for legal funding in Los Angeles and determine how much we can authorize in your car accident loan. Fill out our quick contact form or call us to get started on your application as soon as today.