Following a Little Rock car accident, an individual may be forced to deal with injuries and property damage. In this instance, an individual is solely responsible for covering the costs associated with these issues. Fortunately, pre-settlement funding is available to help a person pursue damages in a Little Rock auto accident case and continue to pay their bills on time.
Silver Dollar Financial is the leading provider of Little Rock car accident loans. Our team can review your auto accident lawsuit and determine your eligibility for pre-settlement funding. We can help you submit a pre-settlement loan application as well.
Little Rock Car Accident Loans Are Available within a Three-Year Time Frame
An individual can seek damages within three years of a Little Rock car accident. There is no cap on the amount of damages an individual can pursue in a Little Rock car accident case. Once a person files an auto accident lawsuit in Arkansas, this individual must present a strong argument to show a judge or jury that damages should be awarded.
The damages a plaintiff can request as part of a Little Rock auto accident case can total tens or hundreds of thousands of dollars. Regardless, the plaintiff must continue to pay any bills relating to their auto accident until their case is closed. During this time, the plaintiff can face substantial financial pressure.
Thanks to an auto accident loan, a plaintiff can secure money to use for the duration of their personal injury case litigation. The loan allows the plaintiff to get money that can be spent on medical bills, utilities, and other expenses. Plus, the plaintiff does not have to repay their loan if their case is unsuccessful.
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A Plaintiff Only Has to Repay Their Little Rock Car Accident Loan Under Certain Circumstances
There is no telling how a court will rule in a Little Rock car accident case. A judge or jury will hear witness testimony and review evidence relating to the accident. Although a plaintiff may believe their personal injury claim is cut and dry, there is always a chance that a court will rule in the defendant’s favor.
A Little Rock auto accident loan means no risk to a plaintiff. The loan is considered non-recourse, which means it is contingent upon a recipient’s personal injury case result. If an auto accident victim’s case is settled, only then does their pre-settlement funding need to be repaid.
If a Little Rock car accident victim receives pre-settlement funding but is not awarded damages, the lender takes care of their loan. In this scenario, the plaintiff’s attorney informs the pre-settlement funding company about their client’s case result. At this time, the plaintiff’s auto accident loan amount is cleared, and this individual never has to repay it.
A Little Rock Car Accident Loan Request Can Be Approved Right Away
Applying for a bank or credit union loan can be a hassle. First, an individual must fill out an application and provide their credit and financial histories. The lender may require several days or weeks to review these materials and determine an applicant’s eligibility for a loan.
Comparatively, a pre-settlement funding company makes it easy to submit an auto accident loan application. The company lets people complete the application process digitally on a computer or mobile device. This entire process may only require a few minutes to finish.
Following an application submission, a pre-settlement funding company can let an individual know how much it can provide in pre-settlement funding in as little as 24 hours. The company also remains accessible 24/7 to respond to any concerns or questions about its auto accident loans. If a person approves an auto accident loan quote, this individual can receive a check for their pre-settlement funding in days.
All Little Rock Car Accident Loans Are Not Created Equal
For those interested in Little Rock car accident loans, review the available options carefully. Failure to do so can cause a person to select auto accident pre-settlement funding that proves costly. It can make it tough for the plaintiff in a car accident case to secure the maximum amount of damages.
Find out if an auto accident loan company charges compound or simple interest on its pre-settlement funding. If a company compounds loan interest, the interest rate on an individual’s pre-settlement funding can escalate over time. This means the loan recipient may wind up paying more money than what was originally anticipated when the pre-settlement funding was initially approved.
In addition, learn about a car accident pre-settlement funding company’s background and expertise. The ideal auto accident loan company has a history of providing great results to its clients. This business has earned praise from its clients and may publish client testimonials that show people what it is like to work with the company.
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Select a Little Rock Car Accident Loan Company that Tries to Exceed Its Clients’ Expectations
A Little Rock auto accident loan company puts its clients front and center. The business understands the financial challenges that can crop up after an auto accident. As such, the company works in lockstep with its clients to help them address these issues.
When searching for a car accident loan company in Little Rock, get in touch with a business. This gives an individual a glimpse into how the company treats its clients. It ensures that an individual can speak with an auto accident loan specialist and explore available pre-settlement funding options.
Choose a Little Rock car accident loan company that prioritizes transparency. This business gives clients the information they want about auto accident loans at all times. In doing so, the company helps clients make informed decisions regarding auto accident pre-settlement funding.
Get a Little Rock Car Accident Loan from Silver Dollar Financial
The Silver Dollar Financial team wants you to get a Little Rock auto accident loan that makes you feel good. We can offer details about a variety of auto accident pre-settlement funding options. For more information, please contact us today.