Have you been in a car accident that left you with medical bills and no way to pay them because you cannot work? If you are facing financial devastation as you wait for the funds you are owed in a settlement to be paid to you, let the team at Silver Dollar Financial help you with a car accident loan. With Newark pre-settlement funding, we may be able to put the money you need into your pocket now.
How do Car Accident Loans Work?
Our clients in Newark are often faced with the need to wait months to receive a settlement that is owed to them, such as after an accident occurs and another party is found to be negligent. Yet, during that time, you may not be able to meet your rent or mortgage payment or pay for the medical care you need. That is when car accident loans can help you.
These are loans you obtain now that are paid back when your settlement comes in, giving you the financial relief you need right now to meet your financial obligations, even if the case drags on for some time. You borrow the money from us and pay a fee for that early access to your settlement. The key to remember is that if you do not get your settlement for any reason, you do not have to repay the loan.
This is critically important for those who may need financial support right now to meet their financial obligations but are worried about being able to repay their debt if their claim falls through. With our car accident loans in Newark, you only repay the funds if and when your case results in a settlement. That means there is no financial worry for you if that does not happen.
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How to Get a Car Accident Loan in Newark
Our team at Silver Dollar Financial makes the process of providing you with loans as easy and as effective as possible – and it all starts with simply applying now for a quote. You provide us with some information about your needs, your attorney’s name, and other data that can help us verify what your settlement may be. You can then get a fast quote on what you may be able to obtain when you connect with us.
There are no credit checks, no income verification processes, and no complicated applications that require you to prove assets or employment in any way. None of this information is important for providing a loan to you in an accident settlement like this. In many ways, then, you are protected from any type of invasive application process.
Once you apply, we can verify the information provided and offer a quote to you – and you do not have to accept the offer if it does not align with your goals or needs. If you do receive approval, which is often within just 24 hours, we can provide you with your money in no time. Our pre-settlement funding can arrive quickly, so you can use the money as you need to without delay.
What Happens After You Get the Loan?
Once your settlement goes through and those who owe you money pay it back, a portion of those funds will be used to cover the loan you took out. That means that you do not have to worry about complicated payment schedules either. And, remember, if you do not receive a settlement, you owe us nothing and keep the money that you borrowed from us.
Borrowing Funds from Pre-Settlement Funding Can Resolve Your Needs
Keep in mind that with pre-settlement funding, you are not restricted in any way in terms of how you use those funds. You can use the money to make your car payment, cover the costs of an expensive medical procedure, or meet any other goals and objectives you have. It is your money to use as you determine.
Typically, the borrowed funds will range from 10 to 20 percent of the value of your settlement, though this is dependent on the case itself. When you request funds from us, we have to take into consideration the amount of risk present in lending to you since nonpayment is a concern. There are situations where settlement buyouts may be available, and that could help to increase the amount of money you can borrow.
Use pre-settlement funding as a way to meet your financial needs now, but do so wisely. Our team is happy to discuss the costs and obligations with you, so there is no question about what you can expect. Yet, our service is meant to support people who are in need right now and unable to meet their financial obligations because of the losses others caused.
Does Your Type of Case Count and Qualify You for Financial Compensation and a Pre-Settlement Loan?
Our team at Silver Dollar Financial works with a wide range of personal injury claims and other types of lawsuits that may result in a lump sum payment being paid to you, the victim. If you are unsure if you have the type of case that would qualify for this, we encourage you to reach out to us with your questions and let us offer insight into what you can expect. If you are likely to receive a future settlement because of the losses caused by another party – for any reason – we want to speak to you.
You Can Get a Free, No-Obligation Quote for Car Accident Loans in Newark Now
There is no cost, no credit check, no obligation, and no risk to obtaining a quote for pre-settlement funding from Silver Dollar Financial right now using our online tool. You do not need to provide any financial statements, employment verification, or other data at this time, and you can get an answer about how much we can lend to you right away. We offer highly competitive interest rates on our Newark car accident loans that give you the freedom to get back to your life after an accident sidelines you.