A Connecticut car accident can leave an individual with medical bills and limit their ability to earn a living wage. The accident can lead an individual to pursue damages from anyone responsible for the incident. Regardless, the victim is 100% responsible for their daily expenses during their litigation.
High Rise Financial provides Connecticut car accident loans to those needing financial aid. Our loans allow car accident victims to receive money for medical and everyday expenses. They also ensure that auto accident victims do not have to deal with a long, arduous loan application process.
In This Article
- A Connecticut Car Accident Can Put Your Health (and Budget) in Danger
- It Does Not Take Long to Fill Out a Connecticut Car Accident Loan Application
- A Connecticut Car Accident Victim May Receive Thousands of Dollars in Pre-Settlement Funding
- You Only Pay Back Your Connecticut Car Accident Loan if You Settle Your Case
- Paying Back a Connecticut Car Accident Loan Requires Minimal Effort
- Choose a Best-in-Class Connecticut Car Accident Loans Provider
- Obtain Car Accident Loan Funding within as Little as 24 Hours
- How You Can Use Your Car Accident Loan
- Partner with High Rise Financial for Legal Funding in Connecticut
A Connecticut Car Accident Can Put Your Health (and Budget) in Danger
The most recent data from the U.S. Department of Transportation indicates Connecticut traffic crashes caused an average of 1,468 serious injuries over five years. A serious injury requires medical care and support. Yet, car accident victims may struggle to cover the cost of medical treatments for their serious injuries.
Following a car accident in Connecticut, there is no need to forgo medical treatment. Meanwhile, it helps to work with a personal injury attorney, as this legal professional can file a car accident lawsuit as needed. The attorney can guide their client through the process of getting a lawsuit loan as well.
A car accident victim must have an attorney before applying for pre-settlement funding in Connecticut. The lawyer works for their client and ensures this individual can receive a loan that matches their expectations. Plus, the attorney makes it easy for their client to immediately get Connecticut legal funding.
It Does Not Take Long to Fill Out a Connecticut Car Accident Loan Application
Recent data shows that over 12 million vehicles were in car crashes in a year. Some of these crashes led to personal injury lawsuits. Those who filed personal injury lawsuits may have considered car accident loans, too.
Learn how the financing works for those considering an auto accident loan in Connecticut. To get insights into auto accident loans, contact a pre-settlement funding specialist. From here, the specialist can answer common questions about auto accident loans.
If an individual wants a car accident loan, apply. This requires an applicant to provide details about their car accident case. Next, the application is reviewed, and a decision is made regarding the lawsuit loan request.
A Connecticut Car Accident Victim May Receive Thousands of Dollars in Pre-Settlement Funding
There is no set amount that an individual can get from their lawsuit loan. Each pre-settlement funding request is viewed as a separate entity. This allows every loan applicant to receive a custom quote.
After a loan applicant receives their quote, it is paramount to review it in detail. The applicant can then decide if the quote meets their requirements. If so, the applicant can finalize their loan request.
A Connecticut auto accident loan check is sent out once an individual’s paperwork is complete. The check can be cashed immediately. It can be used to help a victim cover their expenses for the duration of their case.
You Only Pay Back Your Connecticut Car Accident Loan if You Settle Your Case
Connecticut auto accident loans do not work like standard bank or credit union financing. Connecticut pre-settlement funding is non-recourse. This means the funding must only be paid back if a car accident case succeeds.
For example, a car accident victim and their attorney may work hard to achieve the best possible case results. Despite their efforts, the victim may lose their case. In this scenario, the victim keeps the money from their lawsuit loan in Connecticut and does not need to repay it.
Comparatively, a car accident victim can settle their case in court or outside. If this happens, the victim receives damages from an at-fault party. The damages are used for repaying the victim’s car accident loan.
Paying Back a Connecticut Car Accident Loan Requires Minimal Effort
A Connecticut car accident victim’s lawyer handles pre-settlement funding repayment. The lawyer keeps the client up to date at all stages of the legal process. Once the victim’s case is settled or won, the attorney ensures their client’s Connecticut lawsuit loan is repaid promptly.
When a car accident victim receives their damages, this individual’s attorney deducts the amount of the pre-settlement funding from them. The lawyer sends a check to the lender to pay back the loan. Also, the attorney gives the client the remaining amount of their settlement.
At this time, the lawsuit loan is repaid. The car accident victim can reap the benefits of the remaining damages. In addition, this individual can enjoy that their case has reached its conclusion.
Choose a Best-in-Class Connecticut Car Accident Loans Provider
A Connecticut car accident victim deserves outstanding auto accident loan provider support. While some lenders may claim to go above and beyond the call of duty, they often fall short. However, by finding a lender with extensive auto accident loan expertise, an individual is well-equipped to get the most value out of their pre-settlement funding.
Select a lender that can explain its Connecticut auto accident loans in clear, concise terms. The lender is happy to answer any pre-settlement funding questions. It teaches individuals about car accident loans and their benefits.
Do not hesitate to follow up with a lender after receiving a car accident loan. The best lender wants to ensure its clients get the support they need when they need it. To achieve this goal, the lender does everything possible to respond to clients’ requests.
Obtain Car Accident Loan Funding within as Little as 24 Hours
When you work with High Rise Financial to obtain funding following a Connecticut car accident, you can have your funds within as little as 24 hours. This is a major benefit of working with a legal funding company. You will not have to wait for months to receive compensation for your injuries while insurance companies haggle for low settlement offers.
How You Can Use Your Car Accident Loan
After receiving the funds from High Rise Financial, you can use them for just about anything you deem appropriate. Even though there is no limitation as to how you can use the funds, it would be prudent to pay down debt, medical bills, repair bills for your car, and any other expenses related to the crash that left you injured.
Remember that this is not money for you to keep. It will need to be repaid once your case is resolved. Do not waste the money on extravagant purchases like a new car, sporting event tickets, or anything else unrelated to the crash. Even though there is no requirement as to how you use the money, using it smartly can prevent future headaches when repaying the loan.
Partner with High Rise Financial for Legal Funding in Connecticut
High Rise Financial is a trusted choice for Connecticut car accident loans. We can help you get an auto accident loan that serves you well. To learn more or start a loan application, please contact us online or call us today.