A car accident can be a devastating experience that can have lifelong ramifications. If you have been injured in an accident, you will likely be dealing with significant medical bills and an inability to work. A car accident loan can help you get the money you need to keep up with all your bills and make your life as normal as possible while you make an insurance claim or file a lawsuit against the liable party.
At Silver Dollar Financial, we help accident victims get money quickly so that they don’t miss a single payment. Call us today or fill out our online contact form to apply for an auto accident loan in Atlanta for free.
How a Car Accident Loan Can Help
A car accident loan can help alleviate the pressure of mounting bills after an accident. Accident victims are often forced to miss work due to their injuries. That, coupled with the cost of medical treatment can put you in a difficult situation.
While an insurance claim or a car accident lawsuit are the long-term solutions to these problems, they won’t do much for you in the immediate aftermath of your accident. It can take months or even years to recover fair compensation for your damages. That’s where a car accident loan comes into play.
A pre-settlement loan can help you cover your costs while you wait for the legal process to get you the money you need. One of these loans can help you keep up with all of your bills until your case has settled.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Steps in the Loan Application Process
The application process for a car accident loan is quite simple. There are just three easy steps:
- Apply for the loan by providing a few details about yourself and your case.
- The financial institution that will issue your loan will review the details of your situation.
- Approval can take as little as 24 hours, after which you will receive a loan to help while you await compensation.
Expenses Covered by a Car Accident Loan in Atlanta
A car accident loan is primarily designed to cover the costs of an accident, including medical bills and repair expenses for your vehicle.
However, the money you receive is not limited to these areas. When an accident leaves you unable to work, a loan can help cover the costs that remain, such as:
- Housing costs
- Car payments
An Atlanta Car Accident Loan Can Protect You
After a car accident, you are in a vulnerable state. You are likely worried about the cost of your medical treatment, how long you are going to be unable to work, and how you will afford your everyday payments.
Unscrupulous insurance companies love to prey upon accident victims dealing with the stress of these problems. They will swoop in before the injured party has a chance to fully assess their situation and offer a settlement payment that they will present as a one-time-only deal. Unfortunately, many accident victims take the insurance company at their word and accept.
However, the truth is that the deal is not likely to disappear. In fact, it is likely a significantly undervalued offer. If you accept, you forego your right to claim appropriate compensation.
By taking a car accident loan, you can regain the upper hand. By removing the stress of needing money immediately, you can afford to take your time and see your case all the way through to the courtroom if necessary. This can help force the opposition to play fair and offer you a reasonable settlement deal.
Apply Now for Pre-Settlement Funding
Who Qualifies for Legal Funding in Atlanta?
Applying for a car accident loan is different from applying for most other types of loans. With the majority of loans, the most important factor in getting approval is your credit score. However, your credit history is irrelevant when it comes to a car accident loan.
That is because loans are given out based on whether the financial institution feels it will be able to recover the money that they loaned out or not. Due to this, car accident loans are awarded based on the facts of your case. If you are likely to recover compensation, you are likely to get a loan.
One of the things that will most help your chances is to hire a car accident lawyer. Having an attorney on your side will significantly increase your odds of recovering damages and thus raise the chances that you will be awarded a loan.
You Can Apply for an Atlanta Pre-Settlement Loan Risk-Free
One of the best things about car accident loans is that you don’t have to worry about not being able to make your payments. With a car accident loan, you don’t owe any money until you receive compensation for your injuries. Even then, you won’t have to pay a penny out of pocket. Your loan is repaid directly from your payout.
In the event that you don’t recover compensation, you don’t have to repay the loan. The financial institution takes on all of the risks. If they give you a loan, they believe that you will recover compensation and are willing to bet their money on it so that you don’t have to.
Fill Out an Application for Pre-Settlement Funding in Atlanta Today
Silver Dollar Financial offers car accident loans to those who have suffered losses in a crash. We believe that everyone should be able to continue to make their payments as they pursue compensation from the liable party.
To apply for a car accident loan for free, simply give us a call or fill out our online contact form today.