A Marietta auto accident can create challenges that linger long after the incident itself. The accident can cause an injury that forces a person to miss work and lose the opportunity to earn money. At this point, the accident can put an individual’s finances in danger.
Silver Dollar Financial is an auto accident loan company that cares about its clientele. We offer Marietta car accident loans that provide people with instant cash. Our team can teach you about our car accident loans and help you determine if now is the right time to get one.
Marietta Car Accident Loans Will Not Break Your Budget
A Marietta auto accident can occur at any time. The accident can leave a person with expensive medical bills. This individual can be responsible for these bills, even if someone else caused the accident.
Thanks to a Marietta car accident loan, an individual can pursue damages in court and get short-term financial aid. The loan requires no upfront costs, and there are no hidden fees associated with it. An auto accident victim only needs to submit an application to get a pre-settlement funding quote within 24 hours.
If an auto accident victim accepts a pre-settlement funding quote, this individual receives their money in just days. This individual can use their money to pay their medical bills, utilities, and other expenses. The loan funds can be utilized for the duration of the individual’s auto accident personal injury case.
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How Marietta Auto Accident Loan Interest Works
A Marietta auto accident loan company can include an interest rate on its pre-settlement funding. The interest rate varies based on the loan. It can be compound or simple.
Marietta car accident loans with a compound interest rate can be costly. A compound interest rate increases over the life of a loan. This means an individual may wind up paying hundreds or thousands of dollars in interest.
Comparatively, a Marietta auto accident loan can include a simple interest rate that stays the same. An individual who receives car accident pre-settlement funding with a simple interest rate can easily calculate their outstanding loan amount. In addition, this individual can rest assured that their loan’s interest rate will never change.
What It Takes to Apply for a Marietta Car Accident Loan
The Marietta auto accident pre-settlement funding application process is much simpler than those associated with traditional loans. An individual can complete the car accident funding application online on their computer or mobile device. The process requires only a few minutes to complete.
During the auto accident loan application process, an individual is required to provide details about their personal injury claim and projected case settlement amount. This individual does not need to share details about their credit score or personal finances. The auto accident loan company only requests information relating to the plaintiff and their personal injury case.
An auto accident loan company provides an applicant with a personalized pre-settlement funding quote. The applicant can review the quote and share any concerns or questions about it with the pre-settlement funding company. If the quote meets the applicant’s expectations, this individual can move forward with getting their auto accident loan.
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When to Repay a Marietta Auto Accident Loan
The time it takes to resolve auto accident litigation depends on the complexity of the case and other factors. There are instances when a case is resolved over the course of several weeks. In other instances, it can take years for a case to reach its conclusion.
For those who receive a Marietta auto accident loan, their pre-settlement funding is repaid after their case is resolved. This ensures a plaintiff can focus on what is most important: doing everything possible to achieve the optimal case result. When the case is settled, the plaintiff’s attorney handles pre-settlement funding repayment on the client’s behalf.
To pay back a car accident loan, a plaintiff’s attorney deducts the outstanding pre-settlement funding amount from their client’s damages. The lawyer then sends a check to the auto accident loan company for this amount. This ensures the car accident loan company is repaid and the plaintiff’s outstanding balance is cleared.
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Marietta Car Accident Loan Repayment May Be Unnecessary
A Marietta auto accident victim may feel devastated if their personal injury case is unsuccessful. However, if this individual received pre-settlement funding, their auto accident loan balance is resolved on its own. The plaintiff is under no obligation to repay their car accident loan and can keep the money provided by the pre-settlement funding company.
Marietta car accident loans are classified as non-recourse. They are given to plaintiffs based on the potential result of their auto accident cases. If a car accident case is unsuccessful, the plaintiff is not held responsible for the result or any pre-settlement funding balance.
If an auto accident case is unsuccessful and the plaintiff received pre-settlement funding, this individual’s attorney notifies the auto accident loan company. Next, the company clears the plaintiff’s auto accident loan. The plaintiff keeps the full loan amount and never has to pay it back.
Why It Pays to Consider Marietta Car Accident Loans
Marietta car accident loans offer greater flexibility in comparison to standard financing options provided by banks and credit unions. These loans give auto accident victims the ability to get money without a lengthy application process. The loans are 100% contingent on a car accident victim’s case result.
An individual should consider their auto accident loan company carefully. Conduct research to find out how a car accident loan company treats its clients. This enables an individual to select a company that values its clientele.
Choose an auto accident loan company that does whatever it can to keep its clients happy. The business should be easy to access any time an individual has pre-settlement funding concerns or questions. This company should help people make informed decisions about auto accident loans, too.
Explore the Marietta Car Accident Loans Available from Silver Dollar Financial
Silver Dollar Financial offers Marietta car accident loans that our rivals cannot match. We can explain how our auto accident loans work and help you apply for one. For more information, please contact us today.
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