Accidents happen every day, and Memphis is no different. When these accidents happen, you don’t want to suffer financially.
As a Memphis car accident victim, there are ways that you can receive financial assistance for your immediate expenses. You can fill out an application with a pre-settlement funding company and receive funds as soon as the next day.
Silver Dollar Financial is the best pre-settlement funding company that you can apply with. We can help explain the pre-settlement funding process and help you decide if this is the best option for you.
How Often Car Accidents Happen in Tennessee
According to the Tennessee Department of Safety and Homeland Security, 204,772 car accidents happened in 2019. That means there was a car accident for every 30 Tennessee residents.
Following a Memphis car accident, a victim can seek medical treatment. But that medical treatment is not cheap. You may be forced to make tough financial decisions just to pay for your medical expenses.
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How You Can Seek Compensation for Your Memphis Car Accident
You can file a claim for your car accident. But be expected to wait months and maybe years to receive your compensation.
Taking your car accident claim to court will require additional money and time that you don’t have. Even settling can take months if the insurance companies want it to be difficult. You can consider using your insurance policies to cover your medical expenses, but your damages may exceed your insurance limits.
You need financial assistance that can help cover the costs of your living expenses as you fight for your compensation. A Memphis car accident loan is that financial hedge of protection you need.
How Long It Takes to Apply for a Memphis Car Accident Loan
With a Memphis car accident loan, you can apply, sign an agreement, and receive your pre-settlement loan within 24 hours. Instead of waiting for a few weeks or months, the money you need for your expenses can be placed in your account the next day.
Because we are the top Memphis car accident loan company, Silver Dollar Financial offers several ways that you can receive your funding. We have the Silver Dollar Financial Zip Process, which cuts down the number of phone calls between the funding company and your attorney. We have a five-minute conversation with you.
From there, we reach out to your attorney and get the details of your case. Once we receive that information, we will submit a financial agreement for you and your attorney to sign. After receiving a signature, we release the funds to you within 24 hours.
Qualifications for a Memphis Car Accident Loan
To qualify for a Memphis car accident loan, you must prove that you were injured because of the other driver’s negligence. Fortunately, this can be easily proven when working with an attorney. Establishing the other driver’s liability is easy to determine if an attorney decides to represent you.
Once liability has been determined, you are more likely to be approved for your Memphis car accident loan.
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The Difference Between a Memphis Car Accident Loan and a Traditional Loan
Compared to a traditional loan, getting a Memphis car accident loan comes with fewer financial risks and headaches. A traditional loan company will examine your credit history and employment history. You can be denied if your credit score is low or your financial history does not check out.
We Approve Cases Based on Merit
With a Memphis car accident loan, a pre-settlement funding company doesn’t use that information for your approval. We use your case’s merit to determine whether you will be approved.
Reward You with the Funding You Need
If we like your case, we will reward you with the funding you need. You also don’t have to worry about paying back your Memphis car accident loan. A traditional loan company will require you to repay the loan with additional interest.
Your Memphis car accident loan is non-recourse. If you are unsuccessful in your lawsuit, you are not obligated to pay us back.
Settlement Chances Increase with a Memphis Car Accident Loan
You have a greater chance of reaching a larger settlement with a Memphis car accident loan. When you have funds from a Memphis car accident loan, you are not as desperate to take any settlement amount that the insurance company offers you. You can take your time with negotiations until the insurance company offers a settlement amount that you like.
Types of Injuries that Our Memphis Car Accident Loans Cover
There are no restrictions on how you use your funds with a Memphis car accident loan. Unlike many settlements or insurance policies that only cover certain injuries from car accidents, our Memphis car accident loans can provide financial assistance for various injuries.
We even offer financial compensation for injuries insurance companies want to lowball you for. If you suffered a soft tissue injury or a herniated disc, your injuries could be completely covered.
Just like with injuries, we also offer funds for various accidents.
Your Memphis car accident loan can cover your financial expenses, whether you have been involved in a fender bender or a head-on collision. As long as the accident was through no fault of your own and you have an attorney, you will qualify for your Memphis car accident loan. Be sure to contact Silver Dollar Financial as soon as possible to secure a car accident loan.
Do Not Wait Any Longer to Apply for Legal Funding in Memphis
As a Memphis car accident victim, you can’t be at the mercy of the courts for your expenses. You still need to be able to pay your bills. To avoid financial hurdles, consider what a Memphis car accident loan can do for you.
Silver Dollar Financial makes the pre-settlement funding process so much easier for you. We ensure that our clients receive the funding they need for their households. For more information on how to apply for a Memphis car accident loan, fill out our contact form online or call us today.