Fighting for compensation after an accident can be a long and arduous process. More often than not, you may have to wait several months and even years before you get any money coming your way. During that time, your financial stability can rapidly deteriorate as you run out of money to support yourself and cover all of your damages.
Do not bow down to economic hardships. We can help you overcome debt and pay for your expenses on time with our non-recourse loans. If you are in Dunwoody and need financial assistance fast, call our office today. Silver Dollar Financial prides itself on being compassionate, empowering, honest, and transparent. Trust our team to help you get the money you deserve. Call us today at (877) 871-0628.
What Does Non-Recourse Mean?
The Internal Revenue Service (IRS) defines any non-recourse debt as one that the borrower is not personally liable for. This means that if you cannot pay back the loan you took out, you are not responsible for it. The lender cannot seek to regain any of their loss at your expense.
When it comes to our non-recourse loans, this means that whatever you get in pre-settlement funding from us carries no risk. If you do not win compensation at the end of negotiations or trial, you do not have to pay us back anything. The money you received is yours to keep.
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What Does It Take to Qualify?
You do not need to do anything special to qualify. All you need to do is provide us with basic details such as:
- Your information
- Your lawyer’s information
- Details about your case such as the accident you suffered and what damages you incurred
- The estimated value of your settlement
- How much money you need
These are the only things we need on your application. Unlike traditional loans that require credit checks, proof of income, or proof of employment, we do not require them at all. This is because you pay us back through the settlement you win, not through your job.
After an accident, you may not be in a good financial place. We will not evaluate your application based on your economic circumstances. Instead, we care most about your settlement and the merits of your case.
Non-Recourse Loans Allow You to Borrow from Yourself
Now, you may wonder how exactly a loan allows you to borrow from yourself. Our non-recourse loans work almost like a cash advance. Technically, you are just giving yourself early access to the settlement you will win. Remember, there is no pressure to pay us back if you lose your claim. Our goal is to provide you with comfort by giving you access to money that can help you focus on healing and fighting for your case.
How Can I Use Non-Recourse Loans?
You can use your loan however you want to. You can cover various expenses like:
- Medical bills, medical equipment, prescriptions, hospital visits, etc.
- Vehicle repairs or replacements
- Repairs to any property damages
- Rent or mortgage payments
- Groceries or utility bills
- School fees or tuition fees
Since you are essentially borrowing from yourself, we will not restrict you on how you want to spend your money. You can pay any bill and cover any expense that you want.
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Fight for a Better Settlement with Non-Recourse Loans
Negotiations and trials always take a long time to deliberate and settle. The defense and the insurance company will try to drag out this already long process even more. They do this to try and get you to accept a settlement in their favor, not yours. Instead of waving the white flag and accepting, consider obtaining a non-recourse loan instead.
When you have the money to pay off your financial obligations, you have the power to hold out longer for a better settlement. Don’t feel helpless when you face stall tactics. Instead, fight back with the money you need so you can get the proper amount of money you’ve been waiting all this time for.
Our Application Is Simple
Silver Dollar Financial makes applying for a non-recourse loan straightforward and fast. Applying follows this process:
- You submit an application online.
- Our financial experts will evaluate your application and follow up with you or your attorney if necessary.
- If approved, you can get up to $100,000 in funding.
We know that time is short when it comes to paying bills. Our team works fast to get you the money you need.
Learn More About How We Can Help You
Our non-recourse loans will help make your financial situation comfortable so you can afford to wait for compensation that represents all of the damages you sustained. Our application process is quick, risk-free, and, best of all, totally free.
If you need help getting started, call us today at (877) 871-0628. We are available 24/7 and ready to answer all of your questions.