Columbus Structured Settlement Funding
If you won a lawsuit in Columbus and agreed to structured settlements, you might wish you had accepted a lump sum. Life situations can change, and you may need more of your settlement sooner. Thankfully, our Columbus structured settlement funding can help.
At Silver Dollar Financial, we’ll provide a lump-sum payment from your total settlement amount. You can use the money as-needed for your costs. Then, you only pay back the funds as your smaller payments come in.
You can start the easy application process today. Click Apply Now above to go to the application page. You can also call us at (844) 871-0628 for assistance or questions.
How Structured Settlements Work in Columbus
Personal injury settlements are the result of an accident claim or lawsuit. In Columbus, everyone must exercise reasonable care towards others (Georgia Code § 51-1-2). If another party is careless and causes your injuries, they’re liable for the damages.
You can bring a personal injury case against the at-fault party. If you win your case, you’ll receive a settlement. While most settlements come as a lump-sum, some people agree to a structured settlement.
With structured settlements, the other party sends you smaller payments over time. You might negotiate details like:
- How long the payments last
- How often you want to receive the payments
- The amount of money in each installment
- Whether or not you want a lump-sum payment at the end
Structured settlements can be beneficial in specific situations. However, they are not ideal for most people. You might realize too late that you’re better off getting your settlement all at once.
Structured settlement agreements become frustrating for most people. You know that the full settlement is yours, but you’re stuck waiting for each payment. Many injury victims become impatient, waiting to receive the total value of their case.
Many injury victims find that they need more money at once. If you need more from your structured settlement now, structured settlement funding can help.
Ways Structured Settlement Funding Helps You
The payments from your structured settlement are already yours. However, it might not feel that way. You still have to wait to get the full value of what you won.
Structured settlement funding provides a lump-sum from your full compensation amount. You can get more of the money you need now. Plus, there’s no need to worry about traditional loans, credit cards, or other risky situations.
Clients often use their structured settlement funding for:
- College tuition
- Home purchase or down payment
- Lost wages
- Large healthcare expenses
- Paying off a mortgage
- Family-related emergencies
- Paying off debt
Life can change rapidly. Your situation could be much different than when you accepted your structured settlement. Instead of waiting for the full money that’s yours, you can apply for structured settlement funding.
On top of unexpected costs, you have regular living expenses. Plus, you might still have accident-related damages to pay off after your injuries. We know that life doesn’t stop, and you might need more at once than you initially realized.
Structured settlement funding often helps people avoid severe financial circumstances. You can get a large payment now as you wait for your smaller settlement income.
Columbus Structured Settlement Funding Is Not a Loan
It’s easy to confuse structured settlement funding with a loan. However, the process is much different than a traditional loan. Most importantly, settlement funding does not come with the risks of a regular loan.
With a traditional loan, you have collateral or personal assets on the line. If you cannot pay back the money, the lender can take things from you. However, the lender takes on the risk with structured settlement funding.
Instead of waiting for smaller payments to trickle in, you get a lump-sum upfront. Then, you only pay back the money as your settlement payments come in. As the lender, we cannot and will not take anything further from you.
Applying for Structured Settlement Funding in Columbus is Stress-Free
We make the application process as simple as possible for you. We understand that when you’re looking into structured settlement funding, you typically need the money now. After applying, you can hear back in as little as 24 hours.
Since our funding is not a loan, it’s easier for us to review and approve your application. We don’t have to use credit scores or other details to determine if you qualify. The facts of your case and your settlement is what matters during your application.
Here’s our three-step process to apply with Silver Dollar Financial.
1. Apply with Us Online
Click Apply Now above to fill out your application. We’ll get information from you about your structured settlement case. We’ll reach out if we need more details to determine if you qualify.
Note that we do not use your credit score as part of the evaluation process.
2. Our Team Looks Over Your Application
After you apply, we’ll start evaluating your situation. Our financial team will determine if you qualify. If we have all the information we need, you can get an answer in as little as 24 hours.
3. You Get Your Settlement Money
After approval, we send up to $100,000 from your full settlement amount. The money goes straight to you for whatever use you need it most.
Paying back the structured settlement funding is simple. You use the funds we send as-needed, and you pay them back as your smaller payments come in—no need to pay a lump-sum back any sooner.
Apply for the Columbus Structured Settlement Funding You Need Today
Our team at Silver Dollar Financial wants to make the process as simple as possible. Our customer service is what sets us apart from other lending companies. We’re here to help you get the money you need for your expenses.
To apply for funding today, click Apply Now. You’ll go to the application page, which is simple and straightforward. There is no cost to apply. If you have any questions, give us a call at (844) 871-0628, and we’ll be happy to help.