After a car accident, you may find that your financial situation has greatly deteriorated. You will likely face significant new costs while possibly being unable to work due to an injury. It can be a very distressing time, and answers may seem difficult to come by.
Fortunately, a car accident loan in Delaware can help you navigate the situation and keep up with your financial obligations. At Silver Dollar Financial, we have helped countless accident victims get the money they need to pay their bills while pursuing compensation from the liable party.
Costs That a Car Accident Loan Can Help You Cover
A car accident in which you suffered an injury will likely turn your life upside down. You will probably be faced with expensive medical treatment and repair costs for your vehicle. Figuring out how to pay these new expenses can be a challenge, and if your injury keeps you from working, it will make things even worse.
Lost wages can make it difficult to cover your everyday expenses, like:
- Housing costs
- Utilities
- Food
- Phone
- Car payments
- Childcare
Fortunately, a car accident loan can help you pay for all these expenses and relieve a great amount of stress. Without worries about covering your costs in the meantime, you can focus on healing from your injuries and pursuing damages from the at-fault party.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Who Is Eligible to Receive a Delaware Car Crash Loan?
If you were the victim of a car crash caused by another party, you may qualify for a car accident loan. Unlike with other loan types, when approving car accident loans, lending companies do not care about your credit history. Instead, the focus is on your case for compensation against the at-fault party.
Delaware car accident loans are not repaid directly by the person who takes out the loan but rather from the compensation money they recover. The lending company wants to be sure that the odds that you will win your case are high so that they know their investment is secure.
One way to increase your odds of recovering compensation, and by extension, your chances of receiving a car accident loan, is by hiring an experienced car accident lawyer.
Who Needs a Car Accident Loan in Delaware?
If you have suffered an injury in a wreck in Delaware and do not have significant emergency savings, a car accident loan may be your best option for keeping up with your financial obligations.
If you were in a minor accident where you were not injured, you can likely get by without taking out a car accident loan. Likewise, even if you were hurt, as long as you have plenty of money set aside for a rainy day, you may be able to get by without taking out a loan.
However, in most other situations, a car accident loan can be the best option for paying your bills as you seek damages from the party responsible for your accident.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Applying for a Car Accident Loan Is Easy
At Silver Dollar Financial, we keep the pre-settlement funding application process simple. All you need to do is provide us with some basic information about yourself and your case, and you will receive a decision in as little as 24 hours. If your loan application is approved, you could receive up to $100,000 to help cover your financial obligations.
Apply Now for Pre-Settlement Funding
The Lending Company Shields You from Risk
With the majority of loans, you are taking a bit of a risk by borrowing money. If you are not able to make your payments on time, you could find yourself in an even more difficult financial situation than when you first took out the loan. However, this is not the case with a car accident loan.
With a car accident loan in Delaware, you never have to worry about whether or not you will be able to repay the money you borrowed. Car accident loans are repaid directly from the money you receive from the at-fault party. If you do not manage to recover compensation, you don’t have to repay the loan.
The lending company is the one taking all the risk, which is why if your case for compensation is not strong, your loan application will likely be rejected.
Don’t Deal With Insurance Companies Directly
Insurance companies will do whatever they can to minimize the amount they have to pay out after an accident. One tactic they use is to attempt to get to you before you have a chance to speak with a lawyer. Do not accept any settlement deal until you have legal representation, and quickly shut down any communication, as the insurer will attempt to use your words against you.
Insurance companies know that immediately following an accident is when you are at your most vulnerable. They know that you are probably still in shock from your accident and overwhelmed by your financial situation. They will attempt to sweep in with a settlement offer they will present as a lifeline.
However, the amount of money in an initial settlement offer is typically a small fraction of the true value of your claim. Even if it seems like a large figure when presented by the insurance company, if you take the deal you will probably soon find that the money has run out. By taking the offer, you void your ability to pursue fair compensation and can end up in a sticky situation.
Instead of taking the first offer from an insurer, you can take out a car accident loan. This loan will give you the money you need to keep up with all your expenses while allowing you the time you need to attempt to recover a fair settlement deal that will fully cover your damages.
Applying for a Car Accident Loan in Delaware Is Free
At Silver Dollar Financial, we aim to help accident victims cover their financial obligations so that they can focus on healing from their injuries. Contact us to get started with a free Delaware car accident loan application. You can reach us by phone or by filling out our online contact form today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding