There is always urgency in every personal injury case. In Mesquite, Texas, for example, the state only has a two-year statute of limitation. That is the maximum time you can take legal action after an accident. You will lose your right to file a claim or receive compensation if you exceed that period.
However, things may not always go as planned for others struggling to fund a lengthy legal battle. This is why lawsuit loans are created. Applying for a lawsuit loan can help you get immediate funds before your case settles. Call us today at (866) 407-6404 to get settlement funding in Mesquite, Texas.
What is a Pre Settlement Loan?
Pre settlement loans are financial funding for personal injury victims pursuing lawsuit claims. The settlement funding is a cash advance from a future court award and is paid once the case is settled and won.
A settlement loan isn’t like a typical loan. Since the legal funding is based on compensation, there’s no need for lawsuit loan firms to check for credit history, employment status, etc.
There’s also no monthly payment for the money borrowed. If you don’t receive the compensation, you don’t have to pay the settlement funding back.
You are eligible for a lawsuit loan if your case is any, but not limited to the following:
To apply for free, call (877) 735-0016
Low-Rate Settlement Loans in Texas
You can apply for lawsuit funding in Mesquite, Texas, anytime while your case is ongoing. The goal is to give you the financial funding to cover your expenses. This includes medical and legal fees, daily living expenses, rent/mortgage, insurance, etc.
Lawsuit loans allow you to breathe better without thinking of the financial burdens. Furthermore, settlement loans are risk and hassle-free. We understand that time is critical in winning the case.
Most insurance companies extend the case to pressure you into settling for an amount less than you deserve.
With enough money from legal funding, you’re no longer in a rush to accept whatever is offered. You have better chances of getting a fair trial and negotiating for the best compensation fee.
Alternatives to Settlement Loans
A lawsuit loan is beneficial if you need the money. However, there are still pros and cons to consider. Pre settlement funding shouldn’t be your first thought. If there are other options available, consider taking them. Here are alternatives.
Get a bank loan
Bank loans are common collusion for financially strapped individuals. You can qualify for a lower interest rate with decent credit than the settlement loan. Therefore, a bank loan is a good option instead of getting a lawsuit loan if you have a good credit score.
Additionally, unlike the one-time payment for legal funding, you can stretch out payments for traditional loans for years. The downside, however, is the lengthy process for loan approvals. Banks are strict and take their time in evaluating your credibility as a borrower.
Credit card funds
Another alternative to pre settlement funding is applying for a low-interest card. It can be expensive, so it’s wise to research credit companies with the lowest rate and to read the documents before signing. Check the payment processes or how much it’ll cost if you pay late.
Use your credit when buying your essentials and paying for necessary expenses. Make sure to pay before the due date to avoid additional charges.
Borrow from family or friends
If the two options aren’t possible, your next option other than lawsuit loans in Mesquite is borrowing from a friend or family. It may be embarrassing, but it’s an option to alleviate your financial challenges.
Apply for Pre Settlement Funding Now
High Rise Financial is a reputable lawsuit funding provider in Mesquite, Texas, with firms scattered. We provide pre-settlement funding for victims during their personal injury lawsuit cases. Don’t hesitate to take the first step in getting the pre settlement funding you need.
We follow a quick and hassle-free process for lawsuit loans.
Apply for settlement loans. Fill out the online form and provide all the necessary information asked. Our team of pre-settlement funding specialists will take it from there.
Review and evaluation. Applications are reviewed and evaluated. Our team contacts your attorney for the case details and determines the settlement loan amount.
Receive the pre-settlement funding. Get the money within 24 hours after the approval. What are you waiting for? Make the call today and get your fund as soon as possible.