Whether you are pursuing compensation through an insurance or civil claim, when your compensation is pending, you may be anxious to access it so you can move forward with your life. Unfortunately, many injury victims and compensation recipients find that it could be months or even years before their money comes in.
Same-day pre-settlement loans may be a great option if you are currently working with an attorney and are waiting for your personal injury check to come in. Contact High Rise Financial to learn more about how same-day pre-settlement loans work, and fill out your application today.
In This Article
Why Do You Need a Same-Day Pre-Settlement Loan?
When you are waiting for a personal injury settlement or civil claim payout to come in, you may be surprised at how long your wait is. Once you have received your verdict or settlement agreement, you may expect the money to come in shortly thereafter. However, it could take months or even years after your court resolution before you receive your funds.
Unfortunately, during this time, you may still struggle to cope financially. It is not uncommon for people struggling through personal injury lawsuits and civil litigation claims to have trouble making ends meet, covering mortgage payments, purchasing groceries, keeping up with credit card debt, and otherwise staying afloat.
With a same-day pre-settlement loan, all that can change. While you wait for your money to come in, you can obtain pre-settlement funding ahead of time. These non-recourse loans do not come with compound interest, so you do not need to worry about being taken advantage of during your greatest time of need.
To apply for free, call (877) 735-0016
Benefits of a Pre-Settlement Loan
When you are considering whether a same-day pre-settlement loan is right for you, you might consider the many benefits associated with legal funding, including:
- The opportunity to get caught up on outstanding debts
- The ability to pay for your purchases now instead of putting them on a credit card that will accrue interest
- Financial relief associated with accessing the money you need when you need it
- Reduced risk of accepting an insultingly low offer from the insurance company or liable party in your case
Access Your Compensation and Benefits in Advance
Your personal injury settlement should cover all the ways your life has been affected by what you have been through. Your attorney will have gone over your economic damages and non-economic damages in full to ensure you are compensated fairly for every loss. To determine how much your compensation could be worse, you might consider the various ways you have been affected.
You can recover compensation for everything from medical expenses and emotional distress to chronic pain, lost income, and reduced quality of life. However, the longer it takes to access your money, the more your life will continue to be affected. A same-day pre-settlement loan can help you escape financial insecurity at last.
How Do Same-Day Pre-Settlement Loans Work?
Once you have made the decision to move forward with a same-day pre-settlement loan, your first step is to contact our team of experienced loan specialists at High Rise Financial.
We will need to go over some important details, including who your attorney is, your contact information, and some of the most important details regarding your civil claim.
From there, we will contact your attorney so we can understand the value of your claim, how long it will be before your payout comes in, and the likelihood of success in your civil claim.
Once our team has reviewed your application and talked to your attorney, we can send the funds to your bank in 24 hours or less. It really is that simple.
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Qualifying for Legal Funding
Unfortunately, not everyone will qualify for a same-day pre-settlement loan. Although we do not require excellent credit, a source of income, or credit references, we do require same-day pre-settlement loan recipients to have an attorney working on their case. You must also be 18 years of age and have an expected settlement coming.
This is unlike traditional loan companies that require a lengthy application process, proof of income, credit references, you to open an account with their institution, and other stipulations. Traditional loans also require compound interest, which is based upon your creditworthiness. The lower your credit score, the higher your compound interest will be. Traditional lenders have the authority to deny your application if your credit score does not meet their standards.
In this way, a same-day pre-settlement loan may be your best option when you are struggling to cope financially and hoping for financial relief.
Paying Back Your Same-Day Pre-Settlement Loan
Another concern many people dealing with civil claims and personal injury lawsuits have is how they will pay back their same-day pre-settlement loan if their attorney does not win their case. If this is what you are worried about, you are not alone.
However, our loans are non-recourse. They cannot be paid back with any other source of income other than your personal injury settlement or civil payout. Even if you had the money to pay us back, unless your attorney wins your case, you are not required to repay a same-day pre-settlement loan.
In this way, there is little to no risk associated with a same-day pre-settlement loan. We do not ever require compound interest, there is no credit check, and you do not have to pay us back if your attorney does not win your case. If you have other questions or concerns regarding paying back same-day pre-settlement loans or accessing a lawsuit loan, do not hesitate to contact High Rise Financial for help.
Get Help from High Rise Financial Loan Specialists Today
Although same-day pre-settlement loans may seem too good to be true, with High Rise Financial, you can finally secure the financial relief you have been hoping for. We may be able to send money to your bank as soon as today if you fill out your application and meet our eligibility requirements.
Find out how much you could be authorized when you contact our experience to loan specialists. Fill out our quick contact form or call our office to get started.