Are you struggling to make ends meet after being involved in an accident or because you are in the middle of a legal dispute? You do not have time to wait until your settlement is finalized. With Silver Dollar Financial, you do not need to continue to barely get by.
With our Florida legal funding, you can get an advance on your anticipated payout, get your costs covered now, and start rebuilding your life. Contact our lawsuit loan specialists for a confidential case assessment today and learn more about how much we could authorize your family in pre-settlement legal funding.
How Legal Funding Works in Florida
There is no reason why you cannot get the financial support you need when you need it most. If you are waiting for your insurance claim or a civil lawsuit to be resolved, legal funding in Florida could be the right answer for you. You get an advance on your anticipated settlement when you take out a lawsuit loan.
How Pre-Settlement Funding Differs from Bank Loans
Florida pre-settlement funding is not the same as a loan from a financial institution or bank. Unlike banks which often resort to predatory lending tactics, we never charge compound interest or expect you to pay back the loan in the weeks after we issue your money.
Instead, you only have to pay us back if or when your settlement funds come in. Unlike banks, which charge compound interest, with Silver Dollar Financial, you will also know exactly how much you need to pay in fees, often at exorbitantly high rates.
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How to Qualify for a Florida Lawsuit Loan
If you hope to qualify for Florida legal funding, you will not need to jump through hoops like you do when applying for a bank loan. Our eligibility requirements are easy to understand:
No Credit Requirements
We do not require loan applicants to have excellent credit. You could have fair or poor credit and still access legal funding in Florida. If you apply for a bank loan, you must prove to the bank that you have a good credit score. If you do not have an excellent credit score, you can expect the bank to charge you significantly higher interest rates or deny your application.
No Income Requirements
We do not need to see proof of income either. Our legal funding is non-recourse, so it can only be paid back with your anticipated settlement funds. When you apply for a bank loan, you need to provide a source of income, so the financial institution knows how you will pay back the loan.
Since we are not basing your claim on your ability to pay it back with wages, we do not need to verify your source of income. Many people with severe injuries are currently out of work and unable to earn a living.
All You Need Is an Attorney
In addition to being at least 18 years of age, you must have an attorney working on your case. When you have a lawyer, Silver Dollar Financial has more confidence in your claim’s likelihood of success.
After all, your attorney would not have taken on your case and all the costs of pursuing compensation if they did not believe they had a strong possibility that they could win. Our team must speak with your attorney before we approve your application. That way, we can verify your anticipated settlement and determine how long it will take to resolve your case.
Spending Your Pre-Settlement Loans
One of the benefits of choosing legal funding in Florida is the ability to spend your money however you need to. Other financial institutions may limit your options or restrict how you can spend your money.
However, since we are getting you an advance on your own money, we believe it is inappropriate and unnecessary to monitor or restrict how you spend your lawsuit loan funds. Some of the everyday expenses recorded by Silver Dollar Financial loan recipients include:
- Rent or mortgage payment
- Utility expenses
- Internet and phone bills
- Groceries and gas costs
- Clothing and toiletries
- Extracurricular activity expenses
- Auto, life, or health insurance premiums
- Credit card debts
- Medical debts
- Entertainment costs
Repaying Legal Funding in Florida
Another benefit of legal funding in Florida is the ability to repay your loan when your settlement funds come in. We understand it could be months or longer before your case is resolved.
For this reason, we never demand our clients begin paying back their loans beforehand. It is important to note that you will not have to pay back your settlement funds if your lawyer does not win your case. This way, taking out a lawsuit loan does not risk further financial ruin.
Apply Now for Pre-Settlement Funding
How to Apply for a Florida Lawsuit Loan
Are you ready to move forward with your legal funding application in Florida? Here are the steps you need to take to get money in your bank account within hours:
Fill Out Our Application
Gather the information and evidence you need to complete our application fully. Remember to include your attorney’s contact information so we can contact them and approve your application.
Wait for Our Loan Specialists to Review It
Once you have submitted your application, our loan specialists will review it. Remember, we need to speak with your lawyer before approving your application.
Get Pre-Settlement Funds Sent to Your Bank Account
After reviewing your application and speaking with your attorney, we can determine how much to approve in Florida legal funding and send the money to your bank in 24 hours or less. The application process is really that simple.
Contact Silver Dollar Financial for Legal Funding in Florida Today
You should not have to wait for your attorney to resolve your legal dispute before you access your settlement funds. Silver Dollar Financial is here to help you secure an advance on your money now.
Our Florida legal funding could be the answer to your financial troubles. Find out more about whether you qualify and access your settlement funds in as few as 24 hours when you complete our online application now, fill out our online contact form, or call our loan specialists at Silver Dollar Financial to discuss the specific details of your case further.