An individual can get approved for an Alabama motorcycle accident loan in as little as 24 hours. This individual can receive pre-settlement funding in a matter of days. The funding helps a person cover everyday expenses until their motorcycle accident case is resolved.
We can teach you everything you need to know about Alabama motorcycle accident loans at Silver Dollar Financial. Our pre-settlement funding specialists can answer any lawsuit loan questions. From here, you can decide if now is the time to apply for a motorcycle accident loan.
Alabama Motorcycle Accidents Can Lead to Personal Injury Lawsuit
According to the National Safety Council, the number of registered motorcycles in the United States increased by 17% between 2007 and 2020. Motorcycle riders are expected to follow the rules of the road, regardless of where they travel. However, a negligent motorist can strike a motorcycle at any time, leaving the rider in need of immediate medical care.
Motorcycle accident injury costs can total tens or hundreds of thousands of dollars. In some instances, a motorcycle accident victim does not fully recover from their injury. Rather, the victim experiences physical and emotional trauma that hinders their ability to enjoy life to the fullest extent.
In Alabama, an individual can file a personal injury lawsuit against an at-fault party within two years of the date of a motorcycle accident. Once the lawsuit is filed, it may take months or years before a motorcycle accident case goes to court. During this period, the accident victim may pursue an Alabama motorcycle accident loan to supplement their finances.
How an Alabama Motorcycle Accident Loan Works
Alabama motorcycle accident loans work differently than traditional financing options from banks and credit unions. They are considered non-recourse, which means an individual does not need to repay their loan unless their legal claim is successful. In addition, motorcycle accident loans offer more flexibility than those available from banks and credit unions.
A bank or credit union may request a credit check before it approves a loan request. Comparatively, no credit check is needed when applying for an Alabama motorcycle accident loan. Instead, an individual only needs to provide their contact information and details about their motorcycle accident case.
The time it takes to get approved for an Alabama motorcycle accident loan is minimal, too. An individual can expect a response to their lawsuit loan request within one day. If the individual accepts their pre-settlement funding quote, a check is sent out for the full amount of their lawsuit loan right away.
What It Costs to Get an Alabama Motorcycle Accident Loan
There is no fee to apply for an Alabama motorcycle accident loan. An individual can submit a pre-settlement funding application free of charge. Even if a person does not move forward with a lawsuit loan, there is no charge.
Each Alabama motorcycle accident loan quote is tailored to an applicant. The quote includes information about how much money an individual can receive and their loan’s interest rate. It is paramount to review this information carefully to ensure a loan quote meets an applicant’s expectations.
An Alabama motorcycle accident victim is under no obligation to repay their lawsuit loan if their legal claim is unsuccessful. In this scenario, the victim’s attorney notifies the lawsuit loan provider about the case result. The victim keeps the full amount of their pre-settlement funding, and 100% of their loan is forgiven.
How to Start the Alabama Motorcycle Accident Loan Application Process
An individual can apply for an Alabama motorcycle accident loan on their desktop or laptop computer, smartphone, or tablet. It may only take a few minutes for an individual to complete their lawsuit loan application. At this point, the applicant’s submission is reviewed by a lawsuit loan provider.
Following its application review, a lawsuit loan provider reaches out to the individual who requested an Alabama motorcycle accident pre-settlement funding. The provider asks questions to learn as much as it can about the applicant and their motorcycle accident case. The lawsuit loan provider gives the applicant a personalized pre-settlement funding quote.
A pre-settlement funding applicant can take their time to review a lawsuit loan quote. The applicant should make sure the lawsuit loan will provide sufficient funds to cover myriad expenses. This individual can reach out to the lawsuit loan provider with any concerns or questions.
Alabama Motorcycle Accident Loans Are Available for Up to $100,000
A pre-settlement funding company may offer anywhere from $1,000 to $100,000 to Alabama motorcycle accident victims. The company examines each lawsuit loan application in detail. At this point, the company prepares a lawsuit loan quote designed to provide a motorcycle accident victim with short-term financial aid.
How lawsuit loan companies treat their clientele speaks volumes. The best lawsuit loan company in Alabama works in lockstep with motorcycle accident victims. It ensures clients can quickly and easily receive pre-settlement funding after a motorcycle accident.
It is beneficial to learn how a lawsuit loan company handles customer requests as well. Ideally, a pre-settlement funding company should encourage motorcycle accident victims to reach out if they want to learn about lawsuit loans. Then, the company’s lawsuit loan specialists can provide motorcycle accident victims with insights into these loans, how they work, and their benefits.
Do Not Wait to Pursue Alabama Motorcycle Accident Loans
An individual can receive expensive medical bills in the weeks and months after their Alabama motorcycle accident. These bills will not disappear on their own. If a motorcycle accident victim cannot repay their medical bills, help is available.
Alabama motorcycle accident loans are simple. They allow a motorcycle accident victim to get instant funding based on their personal injury case. Once the case is settled, the victim pays back their lawsuit loan.
A motorcycle accident loan in Alabama can help an individual alleviate financial stress. They ensure a motorcycle accident victim can move forward with their personal injury case. In the meantime, the victim can use their loan to limit debt.
Get an Alabama Motorcycle Accident Loan from Silver Dollar Financial
Silver Dollar Financial is a leading choice for Alabama motorcycle accident loans. Our team is happy to discuss our motorcycle accident pre-settlement funding options with you. For more information, please contact us today.