After you’ve been in a car accident, it may surprise you how expensive it can be. With all the medical bills and lost time from work, paying your daily expenses can get tough while you wait for your settlement.
Insurance companies will try to use this pressure to get you to settle early, but with a Montana car accident loan from High Rise Financial, you can get settlement money before your car accident case finishes. With this funding, you can cover daily expenses while you fight for fair compensation.
In This Article
Why Use a Car Accident Loan From High Rise Financial?
If an insurance company knows they have a lot to lose, they will try to drag the case out. It could take months or even years to finish. By dragging their feet, they hope to get you to settle for less money than you deserve.
This stall tactic is common, but by using pre-settlement financing, you can stop this tactic in its tracks. This form of financing works much like a cash advance. You get some of your settlement now rather than waiting for the end of your case.
Also, unlike traditional loans, a car accident loan in Montana is considered non-recourse debt. This means you do not have to pay us back if you lose your case. All repayment to us will come from your final settlement or award amount.
Requirements to Apply for a Car Accident Loan
There are three requirements you need to apply for a car accident loan through us. First, you need to have been in a car accident that wasn’t your fault. As long as you’re under 50% at fault, you can apply in Montana.
Next, you must live in Montana or have a pending case in Montana’s civil court. High Rise Financial offers loans in several other states as well. Speak to us to find out if we cover your state if you got into an out-of-state accident.
Finally, you must have a lawyer working on your case and they must approve of the legal funding. We must have your lawyer’s assessment of your case and their permission before approving your loan. If they will not do so, we cannot extend financing to you, unfortunately.
What You Need When You Call Us
Applying with us is fast and simple. All we need is your name, phone number, case type, and the contact information for your lawyer. Once we have this information, our experts will handle the rest.
We’ll contact your lawyer to get more information about your cases and your chances of winning. With that, we can create a Montana car accident loan package that fits your circumstances.
You do not need to tell us anything about your income, credit history, or employment status. Remember, we cannot use any of your other assets to get paid back. This is because we only offer non-recourse loans.
What Can I Use the Money for?
After you’ve received your car accident loan, you can use the money for anything you like. The intended use is to cover your necessary expenses until you get the rest of your settlement. This can be daily expenses, past debts, medical needs, and similar necessities.
Be aware that you do not have to pay taxes on this money. Settlement funds are not considered income. If you need a second loan later, just let us know your situation. We will speak with your lawyer about the progress of your case and see if you qualify for more.
Choose High Rise Financial for your Montana Car Accident Loan
If you’re trying to cover your bills after a car accident and you live in Montana, contact High Rise Financial right away. You can get money in 24 hours after approval of your loan and avoid the dangers of using traditional loans while you wait on your settlement.