Are you waiting for funding from a settlement? If so, you may be struggling financially right now and need help until your settlement comes in. Missouri pre-settlement funding is an option, and it could provide you with the financial support you need in as little as 24 hours. If you are likely to receive a settlement from any type of accident or claim, Silver Dollar Financial may be able to help you.
Pre-settlement funding is like a cash advance, an opportunity for you to tap into the funds you are likely to get now instead of waiting for them to become available from the insurance company. Our team is here to help you determine if this is the best option in your case.
Why You May Need Pre-Settlement Funding in Missouri
A car accident, medical malpractice case, a defective product, or a dog bite can leave you with significant financial loss and the inability to work. You may be unsure how you are going to navigate the immediate future until the insurance company pays the settlement. Pre-settlement funding provides an opportunity for you to tap into those funds now for reasons that include:
- To pay your medical bills
- To keep your mortgage or rent paid
- To cover the cost of living until you receive the funding
- To meet other financial obligations
It is not uncommon for a car accident, for example, to take months to be paid out. Yet, your doctors may not be willing to continue to provide you with care if you cannot pay the bills at that time. You may find that your mortgage company also is not able or willing to wait indefinitely.
Even though this is not your fault, you may be struggling financially as a result of this incident. A cash advance can provide you with a financial helping hand until your settlement becomes available.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Much Can You Get from a Pre-Settlement Loan?
Pre-settlement funding in Missouri is a pretty straightforward process, but lenders must consider a variety of factors when offering a loan like this. First, the amount of money you are likely to receive is a factor. Most of the time, lenders cap how much they will provide through these loans at 10 to 20 percent of the expected value of your settlement.
At Silver Dollar Financial, we offer loans that range from $1,000 up to $100,000. The amount available to you is dependent on your settlement value or what it is expected to be.
When Can You Get a Cash Advance on Your Accident Claim?
We encourage you to reach out to us about a pre-settlement loan as soon as you believe you need it. You will need to verify that you are likely to receive the settlement, and that often requires a bit of research to better understand the expectations.
Once you apply, you can receive approval very quickly. Often, it is possible for a cash advance on a settlement to be made accessible to you within 24 hours of applying. It is often critical for many people to have access to these funds right away, and that is always the goal.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Should You Wait for the Insurance Company to Pay You?
If you are owed a settlement from an accident or other incident, it is worthwhile to wait for that settlement to be paid to you if you do not need those funds. There is a fee to use a cash advance like this, and though that fee is low, it is a factor to think about.
However, insurance companies consistently work to put pressure on victims, with the sole goal of trying to get them to settle for less. Here is one common scenario of the most common tactics they use:
- The insurance company delays the negotiations for the settlement.
- They continuously ask for more information or need more time.
- You become frustrated because you need money now.
- They know that and offer to agree faster if you accept less than what you are claiming.
- You lose out, and they pay out less.
You do not have to be a victim a second time in this type of situation. Instead, you can turn to our team at Silver Dollar Financial to gain insight into the cash advance options available to you. This is one of the best ways to get money now when you know your settlement may take years to pay out.
What Happens If You do Not Get a Settlement?
Sometimes things happen during the settlement process, leading to you, the victim, not receiving a payout. This can be very frustrating and overwhelming.
However, if you have obtained a cash advance through us for your settlement, and that settlement does not work out, you do not have to repay the debt. You are under no obligation to repay the loan from your assets.
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Don’t Have Income – That’s Okay
One of the misconceptions about a settlement loan like this is that you have to make payments while you wait. Here are a few things you need to know:
- Your credit score is not checked during the application process. You do not need to meet any minimum credit score requirement.
- You do not need to submit any financial statements from your bank.
- There is no need to show proof of income. You do not need to be employed or show proof of a job waiting for you.
Rather, the determination of whether or not you qualify for this cash advance is based on your personal injury claim.
Let Our Team Help You Get Pre-Settlement Funding in Missouri
In Missouri, pre-settlement funding is readily available to those who have a personal injury claim. Without a doubt, this could be a viable option for those who are looking for money to use for a wide range of needs.
Let us help you while you wait for payment from your settlement. Fill out an application here or contact us 24/7 for answers to your questions. Silver Dollar Financial is available to help guide you in obtaining the compensation you need.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding