Pre-settlement funding offers a wide range of benefits to people who are already victims. If you are waiting for a settlement to come in but have bills and financial needs now, the use of Newark pre-settlement funding can be a solution. At Silver Dollar Financial, we make the entire process of providing our clients with exceptional service easy to manage, no matter our types of funding.
How Does Pre-Settlement Funding Work?
Our pre-settlement funding in Newark is a straightforward process that allows you to receive some of the money you are owed in a settlement now instead of waiting months or longer for the actual settlement to reach you. With approval from your attorney that your settlement is likely, our team can issue you an infusion of your money now, and once you receive your payment from the settlement, you will pay back what you have borrowed in full. That means you have no lasting debt to worry about any longer.
There are a few things that help to make Silver Dollar Financial the ideal choice for pre-settlement funding in Newark, including our goal of providing clients with fast, reliable service. You can apply for and get all of the information you need online but know that our team is always available to answer any of your questions. Some of the most important things you need to know include:
- There is no cost to apply for a pre-settlement funding offer from us.
- We approve pre-settlement funding fast, often helping you to get the pre-settlement advance loan you need within 24 hours.
- You get your money now without having to wait months for the settlement to come in.
- If, for any reason, you do not receive your settlement, you do not owe us anything – there is nothing to repay.
- There is a reasonably low interest rate for borrowing these funds, which is dependent on the amount you borrow.
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Use Your Pre-Settlement Funding in Newark for Anything
One of the most important benefits of tapping into your settlement now is finding financial relief for anything that is currently limiting you. You were in an accident, suffered substantial losses, and are facing countless struggles right now, which is why you should not have to worry about your bills, too. You can use your funds from the settlement for anything, including:
- Catching up on your rent or mortgage
- Covering the cost of medical care that is not covered by insurance
- Meeting your other financial obligations
- Purchase food and other needs you have
- Covering other expenses related to your current needs
Often, those who are involved in a car accident, workers’ compensation claim, or medical malpractice wait months, if not years, for a settlement to come in, putting them in a financial hole. With the help of pre-settlement funding, you can get the most you need now without having to worry any longer. That way, you can focus on your healing and recovery.
Qualifying for a Pre-Settlement Loan in Newark Is Easy
Pre-settlement funding is not your typical loan. There are numerous factors built into it that make it far more accessible to those who need and deserve this funding than what your typical loan requires. Most often, our clients do not have to worry about any of the limitations they face when applying for traditional personal loans.
- There is no credit check required.
- There is no income verification required – you do not have to have a job.
- You do not have to provide any financial statements or documentation.
- You do not need to have a certain credit score.
- No background check is required.
Your ability to qualify for a pre-settlement loan is dependent on the status of your personal injury claim, meaning that the amount you borrow, costs, and repayment requirements are all centered on when you receive your funds. There is absolutely nothing to pay to us if you lose your lawsuit and do not recover compensation for your claim. That alleviates all of the frustration and worry you may have.
How Much You Can Borrow from Newark Pre-Settlement Funding
The amount you can borrow from pre-settlement funding is directly related to the size and type of personal injury claim you have. There are some limitations on this that you should know about, but our team can answer all of those questions for you personally when you apply. Typically, you have some freedom to borrow as much or as little as you like.
At Silver Dollar Financial, we offer loans that range from $1,000 up to $100,000. This is typically up to 20% of the amount of the settlement you are expected to receive. You do not have to take the full 20% if you decide you do not need or want that much right now.
There are no restrictions on how you use this money. Remember, it is your money, and it is up to you to determine the best way to use it to meet your financial goals and objectives or just to get by right now. You have already been the victim in this situation – you should not have to be a victim again.
How Much Can You Get from a Pre-Settlement Loan?
To determine how much you may receive in pre-settlement funding in Newark, we encourage you to apply with us now (there is no credit check to worry about and absolutely nothing to pay when you do). We can give you a quote right away for the amount you may be able to borrow after verifying this information about your case with your attorney. Remember that your privacy is protected throughout this process as well.
Apply Now for Pre-Settlement Funding
Get a Newark Pre-Settlement Loan Now
Our Newark pre-settlement funding process is as simple and straightforward as possible. You can get cash now by applying to Silver Dollar Financial online through our easy application, and we can get money into your account in as little as 24 hours. Get access to your money now so that you can meet your specific goals and not worry about money while you work to recover from your injuries.