Car accidents can cause injuries, mental agony, and financial hardships. In Des Moines, car accident victims may have to sue for compensation. Car accident loans provide a lifeline to those waiting for a settlement to help ease the financial stress that often comes with such circumstances.
What are Car Accident Loans?
It’s not uncommon for people to incur medical bills, automobile repair bills, and other out-of-pocket expenses while pursuing legal action following a car accident. Car accident lawsuit loans let victims get a piece of their settlement upfront. These settlement loans function as cash advances.
The repayment of the pre settlement funding is conditional upon the lawsuit’s outcome and carries no recourse risk. Therefore, the plaintiff has no responsibility to repay the settlement loan if they do not receive a settlement.
To apply for free, call (877) 735-0016
The Benefits of Car Accident Loans:
Car accident lawsuit loans provide several advantages to individuals in Des Moines who are waiting for their legal claims to be settled:
- Immediate settlement funding relief: Car accident lawsuit loans allow plaintiffs to cover their pressing financial needs while their case progresses. During this trying time, the presettlement funding may cover medical expenditures, rent, food, or anything else.
- Vehicle accident settlement loans are non-recourse; thus, the borrower is not forced to return the loan if their case does not settle.
- No Credit Checks or Employment Verification: Car accident pre settlement loans are granted based on the merits of the case, not the borrower’s credit history or current employment situation. This allows individuals with low credit scores or currently unemployed to access the settlement funding they need.
Personal Injury Lawyer Near Me (877) 735-0016
Application of Car Accident Loans
High Rise Financial in Des Moines offers automobile accident loans to qualified applicants. Steps include:
- Lawsuit loan application: Prospective borrowers submit a lawsuit loan application documenting their vehicle accident case, including insurance, attorney, and injury facts.
- Settlement loan case evaluation: High Rise Financial works with the plaintiff’s attorney to evaluate the case and calculate the pre settlement loan amount.
- Lawsuit funding approval: Borrowers can obtain lawsuit loans promptly after approval. The plaintiff’s financial needs and expected settlement value determine the lawsuit loan amount.
- Settlement loan repayment: Repayment of the settlement loan and any accrued interest are typically made directly from the settlement amount once the case concludes successfully. If the case is unsuccessful, the borrower will not pay the pre settlement funding.
Obtain Your Car Accident Loans Today!
Car accident settlement loans offer valuable financial assistance to individuals involved in car accident litigation in Des Moines. At High Rise Financial, we provide a reliable option for accessing this pre settlement funding.
The lawsuit loan received helps plaintiffs navigate their legal battles without sacrificing their financial stability. By understanding the application process of car accident presettlement funding, individuals can alleviate the financial strain associated with lawsuit funding proceedings and focus on their recovery and pursuit of justice.