23 Jun Car Accident Loans Explained: What are the Benefits of a Lawsuit Loan?
No one sits in their car expecting to end up in an accident. Yet, there are 6 million car accidents on average in the United States every year, with 400,000 in the state of Florida alone. Accident survivors are usually left feeling shaken, confused, and traumatized. And when you think you experienced the full range of emotions, the real challenges kick in.
Medical bills and living expenses wait for no one. If you had to miss work due to injuries, missed wages are another major challenge very few are prepared for. It is hard not to burn through the money you have saved if you need to focus on recovery. The good news is that the time you spend waiting for a settlement or in court does not have to be overwhelming.
Here at Certified Legal Funding, we specialize in providing car accident victims with legal finance loans that allow them to regain their financial freedom and avoid bills piling up – like medical bills, rent, utilities, car payments, gas, food, and many others. Today, we are sharing everything you need to know about car accident loans.
Certified funding in risk-free
Though car accident loans are often referred to as legal finance loans or legal settlement loans, settlement loans in Florida are nothing like traditional bank loans. Pre-settlement funding is a type of non-recourse financing which is repaid only from the profits and not from any other assets of the borrower. This means that you do not have to repay the personal injury funding you received unless you win your case.
Legal funding for lawsuits is for everyone
Dealing with the legal system can leave you feeling as if it were rigged in favor of the rich and famous. After all, not everyone has cash for lawsuits lying around or can qualify for a bank loan. This is where pre-settlement accident lawsuit funding can come in handy, as it does not involve credit score checks. There are only two requirements to qualify. First, you need to have a personal injury claim and a personal injury attorney.
The approval of your application is based solely on the circumstances of your case, which means you can apply even if you have a less-than-perfect credit score. If you don’t have an attorney call us on 800-922-7439 before filling up the form.
Personal injury funding can be leveraged during the legal process
Insurance companies are in the business of making money so it should not come as a surprise that they often seek to avoid paying out on claims. Sometimes, they take their time to get you to settle for the least amount possible. By applying for a car accident loan, you can regain your financial freedom and give your attorney enough time to negotiate fair compensation.
Applying is easy
Here at Certified Legal Funding, we are aware that you are in a dire need of money, so we made sure the application process is as simple as possible. If you choose to apply online, you will only need to leave your contact details and your attorney’s details.
If you do not feel comfortable applying online, you are more than welcome to give us a call at 800-922-7439 and apply over the phone.