Silver Dollar Financial offers pre-settlement funding to personal injury and car accident victims when waiting for the settlement check just isn’t possible any longer. We are happy to help you determine if an auto accident loan, or “lawsuit loan,” is right for your situation.
Find out more about an Augusta car accident cash advance on your settlement can help you bridge the gap during a loss of income due to your accident. Unpaid medical bills, living expense costs and other necessary financial obligations can become overwhelming when a plaintiff is waiting for an insurance settlement.
Borrow Money From Your Car Accident Settlement Before Your Case Has Settled
Cases can take months and sometimes years to be negotiated, and the stalling tactics of the defendant’s insurance company are designed to make it harder to reject a low settlement offer. A car accident loan can subsidize your living expenses while buying you time you and your attorney need to maximize the value of your compensation.
If you are currently working with an attorney on your case against a negligent party who caused you harm in an auto accident and cannot wait any longer for the settlement money, we may be able to help.
A personal injury loan is available and can help pay your bills while you gain extra time to wait out the insurance company. The loan is not like a traditional loan, but is rather a cash advance against a future settlement that may take months or years to appear.
The settlement acts as collateral in this event, freeing you from the worry of monthly payments, damage to your credit rating, or risk to your home and property. It’s simple; if you win the case, your loan is repaid to us from the settlement funds. If you lose your case, nothing is owed. This is called a non-recourse loan.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Information About Interest Charges for Cash Advances on a Car Accident Settlement
The interest rates we offer are non-compounding, simple interest rates and often in the single digits. There are no hidden fees or surprise charges. The interest rate is determined in the beginning and included in black and white on the agreement that your attorney signs, and therefore has reviewed.
Some lenders offer loans with compound interest rates, however, even if you take a modest loan, compounding interest is likely to swallow most of the settlement before it ever reaches you. A car accident cash advance from a reputable lender will let you know up front what you are signing on for. We are transparent in every step of the loan process.
Is My Case Eligible for a Car Accident Loan?
If you have a case pending after a car accident that was due to the negligence of another party, you may be eligible for an Augusta car accident loan. You must have retained an attorney for your accident case.
Sometimes, it’s not immediately obvious who was at fault in an auto accident. We will work directly with your attorney to determine the strength of your claim in order to determine eligibility and funding approval.
How a Car Accident Loan Can Help Your Case
Simply put, it is in the insurance company’s best interest to drag out your case and offer as little money as possible. After all, they have a business to run, and they need to do their job.
What this often means is that the victim of a car accident is offered a lowball amount up front in hopes they will take the money and go. You, the plaintiff, run the risk of being shortchanged and will likely not benefit from taking the first offer.
Pre-Settlement Funding Can Help Your Attorney
Your attorney’s job is to counter the offer, and to make the process run as smoothly as possible while negotiating for the largest amount of money allowable by the laws of the state and the limits of the insurance policy.
When the plaintiff is injured and out of work, the need for settlement becomes urgent as time passes. The insurance company is very aware of the pressure that is mounting on the plaintiff and their lawyer. The attorney wants to help you get the largest settlement possible, but knows you can’t wait as long as the process takes before your finances are seriously damaged.
Car Accident Cash Advances Help to Fight the Stall Tactics of the Defendant
The stall tactics they use are a strategy based on your desperation and ultimately cost many car accident victims thousands of dollars. The victim simply cannot afford to wait and play games any longer. They may be in danger of foreclosure, losing property, or eviction and they take a lower amount than they deserve just to get out of the hole.
An Augusta car accident loan provides the buffer of time and money that is critical to allow your lawyer to fight a good case and get you a bigger settlement. When you take away their strategy and give your attorney the power and time to make counter offers, the settlement amount grows.
Pre-settlement cash advance funding can be extremely beneficial to your current financial situation when used judiciously and may result in a larger settlement award.
Apply Now for Pre-Settlement Funding
Applying for Pre-Settlement Funding Is Worth Your Time
It is a relatively easy process to apply and it is free of charge. After filling out an application with your information and the attorney contact information, our friendly and compassionate underwriting staff will interview you to get the details of your accident.
After gathering information from your car accident attorney, our approval team will contact you with the amount we can offer you. The process is simple and can sometimes take less than 24 hours. We expedite the process to get you the cash you need, fast.
Pre-Settlement Legal Funds Help Car Accident Victims to Overcome Financial Stress
The financial stress following a car accident is very real and can cause anxiety, loss of sleep, and strained relationships. Sometimes, it seems easier to just take the first offer from the insurance company.
Waiting for a lawsuit to settle isn’t a viable option for everyone. Waiting the entire case out and holding on for the biggest offer can take longer than is practical. Each month drains more from your personal finances and your patience.
The emotional and physical pain you are dealing with deserves to be compensated, but you need time and money before that can happen.
A Car Accident Loan Can Help You Today
With a car accident loan in Augusta, some of the major financial burdens you are experiencing can be lifted, freeing you from the pressure of unpaid bills or mounting medical costs.
Pre-settlement funding, when used wisely, can be an enormous benefit to you and your family. The opportunity to pave the way for recovery may be within your reach, and it costs nothing to find out more.
Types of Funding We Offer
If you are wondering if your accident is eligible for a car accident loan in Georgia, here is a brief list of cases we work with:
- Bike accidents
- Bus accidents
- Car accident Loans
- Commercial vehicle accidents
- Drunk driving accidents
- Medical malpractice cases
- Motorcycle accidents
- Pedestrian accidents
- Personal injury accidents
- Rideshare accidents
- RV accidents
- Taxi accidents
Apply for a Pre-Settlement Cash Advance in Augusta
Find out more about a car accident cash advance on your settlement can help you bridge the gap during a loss of income due to your car accident in Augusta. Unpaid medical bills, living expense costs and other necessary financial obligations can become overwhelming when a plaintiff is waiting for an insurance settlement.
Our helpful and knowledgeable team at Silver Dollar Financial will be happy to answer any questions and get you on the road to financial recovery. Call us or fill out the application on our contact page and learn how an Augusta car accident loan might be right for you.