A Jacksonville car accident can put an individual in a bind. The accident can result in thousands of dollars in medical bills and property damage. If an individual pursues car accident damages from an at-fault party, it may take months or years to recover them.
At Silver Dollar Financial, we provide instant access to Jacksonville car accident loans. We offer car accident pre-settlement funding with flexible terms and conditions. Our team can teach you about our car accident lawsuit loans anytime.
A Jacksonville Car Accident Can Disrupt a Person’s Budget
Approximately 4.8 million medically consulted injuries in motor-vehicle incidents were reported in the United States in 2020, according to the National Safety Council (NSC). In addition, NSC estimated the cost of these injuries was $473.2 billion. The medical costs of motor-vehicle accidents can be substantial but represent only a portion of the expenses associated with such incidents.
Along with medical injuries, other costs that can crop up after a car accident include:
- Productivity and wage losses
- Motor-vehicle property damage costs
- Administrative expenses
If an individual suffers financial losses in a car accident that occurs due to someone else’s negligence, it may be a good idea to hire a personal injury attorney. At this time, the attorney can file a lawsuit on behalf of a car accident victim. Also, the lawyer can help their client pursue a lawsuit loan as needed.
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When to Pursue a Jacksonville Car Accident Loan
A Jacksonville car accident loan does not change the fact that an individual was involved in a motor vehicle incident and has associated expenses. Conversely, the loan provides a car accident victim with money to use while in the midst of a personal injury legal case. It enables the individual to continue to pay their bills until their case is closed.
Jacksonville car accident loans are risk-free. This is because the loans are contingent on the result of a car accident case. If a plaintiff loses their car accident case, this individual is not responsible for repaying their lawsuit loan.
The process of applying for a car accident loan is simple. An individual can submit a loan application at their convenience. Once someone sends their application to a pre-settlement funding company, this individual can expect a response within 24 hours.
How a Pre-Settlement Funding Company Responds to a Jacksonville Car Accident Loan Request
A Jacksonville car accident loan company treats every pre-settlement funding request as its own entity. The company uses information about the plaintiff’s car accident case to determine an applicant’s eligibility for pre-settlement funding. From here, the business gives an applicant a custom lawsuit loan quote.
It is an applicant’s responsibility to review and accept a car accident loan quote. If an applicant has concerns or questions about their quote, this individual can share them with the pre-settlement funding company. Or, if an applicant is satisfied with the quote, this individual can move forward with getting pre-settlement funding.
After an individual accepts a Jacksonville car accident loan, the pre-settlement funding company issues a check for the pre-settlement funding amount. The loan recipient will get their check in the mail in days. Next, this individual can cash their check and start using the pre-settlement funding.
When a Jacksonville Car Accident Loan Needs to Be Repaid
A plaintiff can navigate the legal process during the course of their Jacksonville car accident case and manage their lawsuit loan funds accordingly. The legal process will eventually reach its conclusion. When it does, the plaintiff may receive a settlement.
If a plaintiff is awarded damages in their car accident case, this individual’s lawsuit loan will need to be repaid. The plaintiff’s attorney can take care of loan repayment. The lawyer uses money from the damages their client was awarded to do so.
For example, a plaintiff’s attorney can receive a check for damages in a Jacksonville car accident case. The lawyer deducts the amount of the plaintiff’s pre-settlement funding from these damages and sends a check for this total to the lawsuit loan company. This ensures the plaintiff’s lawsuit loan is paid in full.
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How to Approach Jacksonville Car Accident Loans
It is beneficial to maintain an open mind regarding car accident pre-settlement funding in Jacksonville. An individual can learn as much as possible about car accident lawsuit loan options. Then, this individual can decide if a lawsuit loan meets their expectations.
Ask questions regarding car accident loans, how they work, and their benefits. An individual can prepare questions before meeting with a lawsuit loan company. This individual can share their questions with the business’ pre-settlement funding specialists and get immediate responses.
Do not rush through the process of getting a lawsuit loan after a Jacksonville car accident. Consider the short- and long-term impact of pre-settlement funding. If an individual feels a lawsuit loan is the best financial option, now may be the time to submit a pre-settlement funding application.
How to Apply for a Jacksonville Car Accident Loan
A person can apply for Jacksonville car accident pre-settlement funding in minutes. Here are the steps to complete during the car accident lawsuit loan application process:
- Access the application on a computer or mobile device. The application process is 100% digital.
- Fill out and submit the application. An applicant will need to provide their contact information and details about their car accident case.
- Get a lawsuit loan quote. A pre-settlement funding company personalizes a lawsuit loan quote to an applicant.
A lawsuit loan company remains accessible at any point during the application process. A pre-settlement funding company can assist if an individual is uncertain about what information to include on their application. The company can also guide an individual through the application process and provide updates regarding their lawsuit loan request status.
Examine the Jacksonville Car Accident Loan Options from Silver Dollar Financial
Silver Dollar Financial is a leading provider of Jacksonville car accident loans. Our pre-settlement funding specialists are available to discuss all of our car accident loan options. To learn more, please contact us today.