When you are having difficulty making ends meet after dealing with a difficult litigation process, you may be looking into your options for financial relief. Although there are many misconceptions regarding same-day pre-settlement loans, the benefits are undeniable when you have a respected lawsuit loan institution supporting you.
Our team at High Rise Financial hopes to help injury victims and those dealing with difficult lawsuits get the financial help they need when they need it most. You may be eligible for a same-day pre-settlement loan if you meet our requirements. Here are some of the benefits of same-day pre-settlement loans and more about what to expect from your pre-settlement legal funding.
In This Article
What Is a Same-Day Pre-Settlement Loan?
A same-day pre-settlement loan allows you to obtain a portion of your settlement funding ahead of time to cover a variety of expenses and debts you may be dealing with over the course of the litigation process.
Same-day pre-settlement loans are not the same as a traditional loan, so you do not need to have a source of income, a strong credit score, or provide the bank with credit references. Instead, you can fill out an application with high-rise financial and access and advance on your settlement funding. From there, you can use the personal injury check you receive to cover your costs and pay back your lawsuit loan.
There are many benefits to same-day pre-settlement funding, some of which include:
1. You Can Ease Your Financial Burden
The primary benefit of a same-day pre-settlement loan is to reduce your financial insecurity. Whether your personal injury settlement verdict has come in and you are simply waiting for your check to come in, or you are currently involved in a pending lawsuit or insurance claim, your expenses are likely to continue increasing.
You might be stuck dealing with legal fees, medical bills, loss of income, and other financial distress which is making it difficult for you to continue supporting yourself and your family.
This hassle can come to an end if you can access a same-day pre-settlement loan. When your pre-settlement funds are sent to the bank, Within hours, you may be able to get your debts taken care of, put food on the table, and escape financial instability.
2. Same-Day Pre-Settlement Funding Carries Minimal Risk
Another benefit of same-day pre-settlement loans is the minimal risk. Cash advances on pre-settlement funding are low-risk because High Rise Financial never expects you to pay us back if you lose your case.
Your attorney will be required to pay back your lawsuit loan with your settlement funding when your check officially comes in. Then, the remaining funds will be yours to spend as you wish.
3. You Do Not Need Good Credit
Another benefit of same-day pre-settlement loans is the ability to get the financial help you let me in without jumping through hoops. Many financial institutions require you to have exceptional credit. These days, according to Equifax, the average credit score for an American citizen is 698; this is only 30 points away from being considered a “fair” credit score.
To obtain a traditional alone, you would need a strong credit score, typically greater than 739 to get approved. The lower your credit score, the less likely your application would be approved. If it was approved, you will likely be dealing with considerably high-interest rates.
With same-day pre-settlement funding, you never have to deal with compound interest. Our pre-settlement funds are awarded on a flat fee basis, so you will never be taken by surprise or expected to pay more than you requested in same-day pre-settlement funding.
4. You Can Maximize Your Compensation
When you are dealing with financial insecurity, it is tempting to accept a settlement offer, even if it may be less than your claim is worth.
Fortunately, if you can obtain a same-day pre-settlement loan, you can continue negotiating with the liable party to recover a settlement that is both fair and reasonable based on the damages you have sustained. In this way, you do not have to be worried about being pressured into accepting less than you are entitled to.
To apply for free, call (877) 735-0016
Qualifying for Same-Day Pre-Settlement Funding
Qualifying for a same-day pre-settlement loan is much easier than you previously thought. You know you do not need to have good credit, but you also do not need to have a source of income. We understand that after everything you have been through, you may be struggling to cope financially, specifically because of the fact that you are currently unable to work.
The only requirement that needs to be met for same-day pre-settlement loan approval is the requirement that you are represented by an attorney. You will need to be 18 years of age or older to qualify, but as long as you are working with an attorney and your lawyer expects a settlement payout in your case, High Rise Financial may be able to provide you with the same-day pre-settlements funds you need to escape financial instability.
How to Apply for Pre-Settlement Funding Today
Applying for a pre-settlement lawsuit loan can be overwhelming. However, with High Rise Financial’s quick and easy application process, you can access your funds in a matter of hours. Here is where to start:
- Make sure you have all of the documents and supporting evidence you are going to need to fill out your application
- Fill out our quick application and provide us with your attorney’s contact details
- How are loan specialists will review your application to determine whether the requirements have been met
If our loan specialists approve your same-day pre-settlement loan application, the funds will be sent to your bank shortly after. In this way, you could get the financial help you need and cover your costs in 24 hours or less.
Contact High Rise Financial for Help Today
When you are ready to move forward with a same-day pre-settlement loan, but you do not know where to turn for help, you have come to the right place. Reach out to our experienced loan specialists at High Rise Financial to discuss your options further. Complete our application now or call us with questions and concerns regarding your eligibility status.