The trucking industry is a booming one in Florida. An increase in freight trucks is a potential increase in truck accidents. Truck accidents are easily expensive accidents.
Financial stress can easily affect every aspect of your life. But the financial toll should not influence whether you receive justice for your accident.
Silver Dollar Financial wants to make sure that you receive the maximum compensation for your accident. To do that, we can teach you more about pre-settlement funding for a Florida truck accident.
Frequency of Florida Truck Accidents
Unfortunately, Florida is one of the states where truck accidents are common. According to the National Highway Traffic Safety Administration (NHTSA), 1,345 people died from truck accidents over five years.
Truck accidents are naturally catastrophic. As a result, your injuries are guaranteed to be catastrophic. You may need to undergo several surgeries and take weeks off from work to recover properly from your injuries.
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Liable Parties in Florida Truck Accidents
In addition to the frequency of Florida truck accidents, several parties may be held liable for your injuries. When filing a truck accident lawsuit, it’s common to sue the truck drivers. In reality, the trucking company and the cargo loaders may also be liable for your accident.
Multiple acts of negligence from different parties contributed to your accident. Unfortunately, the fact that there are multiple parties involved in your accident can work against you.
None of the parties will admit to liability and will fight to avoid it. This means that litigation or the negotiation process can be dragged out.
Peace of Mind with a Florida Truck Accident Loan
Being involved in a truck accident can put you in a difficult position. You may have to sacrifice a healthy recovery to make ends meet. Fortunately, you can avoid being placed in that position by applying for a Florida truck accident lawsuit loan.
A truck accident loan can give you the peace of mind that will be required for the successful outcome of your trial. It’s hard to focus on obtaining the maximum compensation when your bills pile up.
Your truck accident settlement loan can cover the costs of your daily expenses. It can pay for your medical expenses, utility bills, rent, and groceries. With your finances squared away, you can focus on what truly matters.
It doesn’t matter whether the liable parties want to drag the legal process out because it won’t affect your finances.
Eligibility for a Florida Truck Accident Loan
Applying for a Florida truck accident loan is probably one of the easiest steps in your lawsuit. Everything about the process is simple – from becoming eligible to apply for your funds. To be eligible for a Florida truck accident loan, it must be shown that you are a truck accident victim.
You can prove this with various documents related to your accident. You also don’t have to provide the same information that you would for a traditional loan. Information like your credit score is not needed throughout the entire process.
That means you don’t have to worry about finding a co-signer or being denied based on your credit score. All you need to do is show proof that you are a truck accident victim and that you are seeking funds for your litigation process. You can also obtain a truck accident settlement loan if you want to reach a settlement and avoid a trial.
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How to Apply for a Florida Truck Accident Loan
The application process is also simple. At Silver Dollar Financial, the entire application process can be done online. The online process is more convenient for our clients and ensures they receive their funds faster.
There are no upfront fees that you have to worry about when applying. You just need to fill out the information about your case and the number of funds you’ll need. The best thing about the application process is that approval is not based on your financial situation.
The only factors that are considered are the merits of your case. Once your application is submitted, we will review your information and follow up with your attorney. After receiving approval, we will notify you and release your funds within 24 hours.
Avoiding High Interest Rates on a Florida Truck Accident Loan
Before working with a specific truck accident loan company, you want to ask about the interest rates on your truck accident loans. If you succeed in your truck accident case, you will have to pay your loan back through compensation. But you could end up paying more than what you believed at the beginning of your loan because of compounded interest.
When your interest compounds on your truck accident lawsuit loan, the interest rate increases over time. This can mean that you will have to pay back more money towards the end of your loan than you did from the beginning.
To avoid this situation, you should work with a company that offers truck accident loans with simple interest rates. A simple interest rate will remain the same throughout the entire loan period. You will always know what to pay back with a simple interest rate.
Losing Your Florida Truck Accident Case
If you lose your truck accident case, you still will not have to pay back your Florida truck accident loan. If you do not reach a successful outcome in your case, you do not have to repay the loan. When you have questions, Silver Dollar Financial has the answers and the funding to help you pay for truck accident injuries.
Partner with Silver Dollar Financial for Your Florida Truck Accident Loan
At Silver Dollar Financial, we want to provide the best guidance and support in your time of need. We make the pre-settlement funding process easy for each of our applicants. Call our office, or submit our contact form to schedule an appointment with a Silver Dollar Financial representative.
You can obtain compensation in as little as 24 hours after approval, allowing you to pay the bills and remove the worry of being out of work.