Pre Settlement Loans in San Mateo, California
California is home to pristine beaches and, thus, a famous tourist spot people worldwide flock to. Due to the added visitors in the state and its cities, personal injury cases are inevitable. Victims of road accidents and slips and falls find themselves filing lawsuits to get their deserved compensation.
California awards plaintiffs more compensation than the national average. However, the challenge is before the case is won since legal battles take a long time and are costly. Hence, lawsuit loans are the best solution.
Applying for a lawsuit loan can help you get immediate funds before your case settles. Call us today at (866) 407-6404 to get settlement funding in San Mateo, California.
Pre Settlement Loan is What You Need
If you have an active personal injury case and are represented by a lawyer, then you can apply for settlement funding. Lawsuit loans are cost-effective solutions to help you relieve yourself of financial burdens.
Furthermore, settlement loans can help you do the following:
- Receive a better settlement fee. A lawsuit loan gives you better chances of receiving a better settlement award. With legal funding, you are not pressured and financially desperate to accept the meager offer from the insurance company.
- Pay existing bills. Injuries may leave you unable to work and earn enough money for the bills, medical and litigation fees, rent/mortgage, credit debt, etc. Pay for these things using the settlement loan.
- Build a stronger personal injury case. Your attorney may need ample time to build and win your case. Legal funding eases the pressure of settling fast due to financial challenges. Without the anxiety and stress, your attorney will not speed his way to settling.
Why is Pre Settlement Funding Risk-Free?
High Rise Financial has helped victims with their legal battles by providing lawsuit loans without risks and obligations. Unlike a personal loan, presettlement funding has no risks because you will only pay for it if the case is settled in your favor. Even if you lose, you still keep the settlement loan. The legal funding firm can’t require you to pay them even a penny.
How to Choose the Right Lawsuit Loan Firm
There are several presettlement funding firms in California. Often, these firms offer similar settlement loan rates and terms, but it’s still essential to research and find one that can provide for your specific needs. As a result, it is overwhelming to pick the right lawsuit funding firm.
Moreover, it’s necessary to get and compare quotes before moving forward with the pre settlement funding firm of your choice. Know that the best company is not always the one with the fastest lawsuit loans process but the lowest rates and best terms.
Choose a settlement loan firm with simple rates from 15% to 20% every six months. Avoid companies with compounding rates and cannot provide quotes on the first call. Lawsuits can take months and years. You may end up paying double the amount of your original lawsuit funding.
Some companies intentionally give you long and confusing contracts. So, make sure to have your lawyer check the papers for pre settlement funding before signing. In the same vein, avoid lawsuit loan firms with high fees and have hidden costs in their contracts.
Choose the settlement loan company with no more than $100 in total fees for lawsuit loans below $1,000. For settlement loans of more than $5,000, look for a company that charges $250 in total fees or less. The costs should include the application, processing, and delivery.
Here at High Rise Financial, we offer both low rates and fees. We value every client that comes in our door and treats every case with utmost care. We don’t just make investments in your personal injury cases. Instead, we ensure that your lawsuit loan is approved to help you get the best settlement.
Choose High Rise Financial Today
Our settlement loan firm was founded in 2016, and since then, we’ve become one of the prime settlement loans providers in the country. With our team, your case is in good hands.