100% Risk-Free Settlement Funding in Georgia
Georgia is no exception to traffic accidents. Infact, data show over a thousand traffic fatalities in the state in 2020. Because of other peoples’ negligence, people lose income, get stuck paying mounting medical bills, and more. Thus, the existence of lawsuit loans.
Applying for a lawsuit loan can help you get immediate funds. Call us today at (866) 407-6404 to get settlement funding in Georgia.
Settlement Loans and Personal Injury Cases
Georgia has a two-year statute of limitation for personal injury cases. What does that mean for your settlement loan application? Legal funding firms look at your case’s strength. The higher the chances of getting a settlement, the more likely your settlement loan will be approved.
Therefore, you must file your case within the statutory limit if you want to win the case and plan to apply for a lawsuit loan.
Traditional Loans vs Settlement Loans
A traditional bank loan is often taken for business purposes. Furthermore, it’s much harder to get one because of the requirements. In retrospect, you can get settlement loans without credit checks and collateral. The same isn’t true for bank loans.
Settlement loan firms offer cash advances for a pending lawsuit. There is no monthly payment for presettlement funding. The borrower only pays the lawsuit funding firm back once the case settles. This is a quick and easy solution to your financial problems.
Another advantage of settlement loans is that it’s risk-free. This is non-recourse funding; thus, you won’t have to pay the borrowed amount out-of-pocket. However, interest rates for settlement loans can be astronomical. Therefore, it’s critical to consider other options before deciding on getting lawsuit funding.
Alternatives to Settlement Loans
Here are a few alternatives to lawsuit loans.
Borrow from family or friends.
The safest way is borrowing money from your family or friend. They won’t require you to send paperwork, but the downside is that this may cause problems in the family dynamics later. Furthermore, you must still pay for it even when you lose the case.
Credit Card Funds
Another possibility aside from a settlement loan is to get a cash advance from your credit card. This shouldn’t be your first choice as it can be costly. You must read the fine print, understand the payment methods, and know the interest rates.
Settlement Funding with High Rise Financial
High Rise Financial is a reputable presettlement funding firm in the US. We are a top-rated company dealing with lawsuit loans for personal injury cases. We offer fast, no-risk, and easy Settlement loans.
Take advantage of our settlement loan services. Lawsuit loans here don’t have credit checks. You just make the call, apply for a settlement loan, get approved and receive your settlement funding within hours.
If you’re a victim of personal injury in need of a settlement loan, High Rise Financial can help. Call us today if you have any questions or concerns about settlement funding.