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Getting into a car accident in Columbia, Missouri can have drastic effects on your everyday life. One minute you’re minding your business, the next you’re dealing with injuries, missed work, and a stack of new bills. Medical expenses can pile up fast, add that to the car repairs you need to cover, and it becomes a headache. There are also your other expenses like your mortgage or rent. Although applying for a bank loan seems like a tempting option, especially when money is tight, there are better alternatives for you. If you have an attorney and active case on your hands, you can contact High Rise Financial about our Missouri car accident loans.
The Advantages of a Car Accident Lawsuit Loan
To apply for free, call (877) 735-0016
At High Rise Financial, our car accident lawsuit loans are designed to give you peace of mind. If your lawsuit loan gets approved, we will provide you with cash support through our pre settlement funding, the amount of which is based on the value of your pending claim. It’s not a typical bank loan with credit checks and monthly payment demands. Instead, it’s a lawsuit loan that considers the specifics of your accident and the severity of both economic and non-economic damages you have suffered as a victim.
When applying for our car accident loan, here are the following requirements you’ll need to have:
- Contact information of you and your legal representative
- Details regarding your lawsuit
- Strong evidence and supporting documentation about your case
Pre Settlement Funding Repayment Process
Personal Injury Lawyer Near Me (877) 735-0016
Nobody wants to take on more debt, especially when you’re already stressed with handling all of your bills and other expenses. That’s why the pre settlement funding we offer is non-recourse. This means that the lawsuit funding you receive is repaid only if your case is successful. If you receive compensation, the settlement loan is repaid from a portion of the proceeds. If you lose your case, you aren’t obligated to repay our settlement loans.
Our method of providing settlement funding for residents in Columbia greatly reduces the risk of taking on personal debt. It’s not like borrowing from a bank where you will have to repay your loan regardless of the outcome of your case. This legal funding is tied directly to your case outcome, reducing much of the usual financial risk.
What Pre Settlement Loans Can Do for You
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If you get approved, a car accident loan gives you the ability to cover the necessary bills that you may have put off while you were busy working with your attorney. Bills such as:
- Keeping up with housing payments
- Covering medical bills
- Handling daily expenses like groceries and amenities
Think of our settlement loans no differently from the compensation you’d receive from your successful case, meaning you can spend it however you want without any restrictions. It also helps that by having access to our pre settlement loan, you can say no to low settlement offers because you’re not as desperate as before.
How to Get Started with our Lawsuit Loans Application
If you have all three requirements, applying for our lawsuit loans only takes a couple of steps. First, contact us online or by phone and provide us with the details of your case. Second, our team will talk to your attorney and review your case. Lastly, wait until you receive a funding decision from our experienced team of underwriters to know if you got approved for our lawsuit loans in Columbia.
Moving Forward with Settlement Loans
Recovering from an accident is hard enough. You don’t need overdue bills making it harder. If you’re waiting on a settlement in Columbia and the money’s getting tight, let’s talk. Contact High Rise Financial to learn more about getting a car accident loan or settlement loans and whether this presettlement funding might work for you.
Call or text (877) 735-0016 or fill out our form to apply today for free.