Pre-settlement funding, car accident loans, lawsuit loans, and legal funding are words that are frequently used to describe a non-recourse loan. These loans are available from Silver Dollar Financial to people who have been the victim of a serious car accident.
Car accident legal funding in Michigan is given as an advance on a pending settlement. It does not require monthly payments or proof of ability to repay in the conventional sense. Instead of conducting credit checks or investigating work history, the funding is given based on the collateral of a future settlement from the insurance company.
Can I Get a Car Accident Loan at a Bank or Credit Union?
You can’t obtain pre-settlement funding at banks or credit unions, but they are available instead at settlement advance companies, also called lawsuit loan companies or legal funding companies. These organizations specialize in helping plaintiffs get the money they need to sustain themselves as they wait for their case to settle.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Why Should I Consider a Car Accident Loan Against My Insurance Settlement?
Auto accident cases can take much longer to settle than people think. Bills begin to pile up as the case progresses and your financial resources are stretched to the limit.
A Michigan car accident loan can be a financial lifeline, and can even help to improve the outcome of a case in some instances.
How a Michigan Car Accident Loan Can Affect the Outcome of an Insurance Settlement Case
Insurance companies regularly employ stall tactics to save money. This strategy is the most effective when the plaintiff is desperate for the settlement check and can’t afford to play games. When a victim is injured in a car accident, the loss of work can put them at risk of falling behind on bills or losing their home.
Michigan pre-settlement funding for your car accident empowers you with the time and necessary financial buffer that is critical to your case. Your attorney now has the time to sharpen his battle-ax and fight for the full amount of your settlement award. When used wisely, pre-settlement loans can help you get the upper hand.
How Long Does It Take to Fund a Loan for a Car Accident?
It varies in each case, but in most cases, we can have your cash advance to you within 24-48 hours. We understand the financial pressure a car accident can cause, so our application process is streamlined for that specific reason.
Our lending practices are transparent, ethical, and do not include any hidden fees or surprises. We listen to your questions and commit to treating you with the same respect we would want our family to be treated with.
Following a serious auto accident, we want to avoid putting you through any more red tape. Our commitment is to serve accident victims with integrity by providing car accident loans that are understandable, fair, non-recourse, and charge low simple interest rates.
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Areas We Fund in Michigan
With over seven million licensed drivers in Michigan, accidents are a daily occurrence. If you have retained an attorney and live in the state of Michigan, we can fund your car accident loan. We serve the entire state, including the areas of:
- Grand Rapids
- Sterling Heights
- Ann Arbor
- Clinton Charter Township
- Farmington Hills
Apply for Car Accident Loan Pre-Settlement Funding in Michigan Today
Securing pre-settlement funding is a giant step toward financial relief. Get the cash you need to gain control over your financial circumstances by calling Silver Dollar Financial or filling out our online application form.
The application process is free and approval can take as little as 24 hours. All you have to do is provide us with some information. There is no risk to applying and no obligation. We are available 24/7 to answer your questions about car accident loans in Michigan or your case.