Idaho residents who have been injured in a car accident may be able to qualify for an Idaho Car Accident Loan against a pending car accident lawsuit.
Pre-settlement funding is a loan against a future settlement that you need not pay back until the case is settled. The repayment is taken directly from the settlement check and there is no risk to your credit or property. The settlement is your collateral.
We will work directly with your attorney to determine the strength of your claim in order to determine eligibility for an auto accident settlement cash advance.
What Are the Advantages of Car Accident Loans?
When the victim of an accident is unable to work for an extended length of time due to injuries, the mental, emotional, and financial hardship puts an even bigger strain on the injured party. If you are unable to pay for shelter, daily living expenses, medical bills, or other necessities, it might be time to consider pre-settlement funding.
Lawsuit loans, auto accident loans, or pre-settlement loans are all terms for obtaining money before you get a settlement on your case, with the agreement that it is paid back directly from the settlement payout check.
- Cash –Provides a source of cash when you have lost your source of income
- Stability – Helps to keep your bills current, the mortgage paid, and your credit intact
- Support – May improve the outcome of your case by giving you the financial cushion needed so you can reject the defendant’s lowball offer
- Time – Buys time for your attorney to fight for your full compensation
- Strategy – When the plaintiff is not desperate for funding, it takes away power from the insurance company
- Well-Being – Relieves financial strain so you can put more focus on relieving stress, healing and getting better
This Is a Low Interest, Non-Recourse Loan
Our interest rates are set up front and typically in the single digit range. There are no hidden fees and no compounding interest rates involved in a car accident loan in Idaho.
Responsible pre-lawsuit funding can be helpful by providing necessary capital to pay for necessary expenses as you recover. Unlike a credit card, there are no monthly payments and it will not affect your credit.
Idaho Auto accident loans are considered non- recourse loans and can only be repaid from your case settlement check. If you lose your case, no money will be collected.
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Idaho Car Accident Loan FAQs
Car accident loans in Idaho are easy and free to apply for. Funding is usually approved and available within 24 hours. Simply apply online by filling out the form or give us a call. We use a three-step process when you apply for funding. The first step is the only one that requires anything from you, we do the rest.
How Do I Qualify for an Idaho Car Accident Loan?
After you submit your online application or call us, our approval team reviews the case with your lawyer to establish a reasonable amount that your case should pay. Other factors to determine the strength of your case are taken into account. Placement of liability, the other entity’s insurance and the medical aspects are a consideration as well.
After we draft an agreement, we offer it to your lawyer for review and signatures. Once approved, the money is given to you. The agreement states that repayment will come directly from your settlement and interest will accrue at an agreed set rate until the time of settlement.
How Soon Can I Get Pre-settlement Funding From a Car Accident Settlement Case?
Our goal is to get you the funding you need as quickly as possible. We understand the urgency and desperation many auto accident victims feel. We are here to help you.
Many of our applicants have their funds within 24 hours of approval. The approval process is streamlined for your benefit, and also can be within 24 hours. We try to remove stress from the lives of our clients, not create more red tape and headaches.
You are not alone if you feel like you have been sliding down a financial spiral after a car accident. When there seems to be no way out and the bills are more than you can handle, there is hope. Securing funding with a pre-settlement loan will give you the perspective and time you need in order to pursue a much better outcome to your claim.
Begin the Approval Process for Your Auto Accident Loan Today
Relieve the pressure of unpaid bills and weaken the strategy of the defendant in your case by applying today for an Idaho Car Accident Loan. Silver Dollar Financial will expedite the approval process so you can get your funding and take back your control.
We are available around the clock and will work hard to offer terms that are reasonable for you and your case. To apply, please call our office or click the apply now button on our website. Let us help you to get the money you need, fast.