Personal injury lawsuits can take months or even years to settle. In the meantime, you can’t work and your bills continue to pile up. The creditors won’t stop calling.
You don’t have to be at the mercy of the insurance company and their slow negotiations. A North Carolina lawsuit loan can help you stay afloat.
Our pre-settlement funding bridges the gap between today and whenever you receive your settlement, no matter how long it takes. Contact us today to learn more.
What Type of Lawsuits Qualify for a Settlement Loan?
At Silver Dollar Financial, we work with individuals who have a personal injury case in progress.
- Slip and fall accidents
- Motorcycle accidents
- Car and truck crashes
- Medical malpractice claims
- Drunk driver lawsuits
- Pedestrian and bicyclist injury cases
- Dog bites
- Birth injury lawsuits
- Hospital negligence
- Faulty medical devices
- Nursing home abuse and neglect
- Sports injuries
- Product liability
If another party is responsible for your injuries and you have a pending lawsuit, you may qualify. If you don’t see your injuries listed, give us a call for more information. You are never under any obligation.
What If You Have Bad Credit?
Bad credit or no credit is not a barrier to a North Carolina lawsuit loan. In fact, we don’t require credit checks. We don’t perform employment verifications, either.
We know that people from all walks of life can be injured in an accident or due to negligence. Everyone deserves justice. Our company’s main concern is the legal merit of your case.
North Carolina’s Lawsuit Loan Qualifications
We make it easy for you to apply for a lawsuit loan. Our qualifications are simple and straightforward.
- You need to have hired an attorney for your personal injury case.
- Your lawsuit must have merit.
We ask for your attorney’s contact information because we must verify the details of your case. All information that you and your attorney provide is kept confidential.
How Much Can You Borrow?
The amount that you can borrow is specific to your case. We consider certain aspects of your lawsuit and how much money your attorney is pursuing.
If you qualify for a settlement loan, you could receive up to $100,000. That’s money that could keep you financially stable and prevent you from incurring more debt.
The Silver Dollar Financial Difference
Many of our potential clients wonder how our services are different from a traditional loan. There are many benefits to our services that other lenders don’t offer.
- No credit checks or employment verification
- Fast approval, often within 24 hours
- No spending restrictions
- No recurring payments
- Zero application fees and upfront costs
Predatory lenders know that it’s difficult to wait for a settlement. Your bills and expenses don’t stop just because you are injured. These companies may try to take advantage of your situation. We exist to help people. That’s why our funding is considered a type of non-recourse loan.
How Is a Lawsuit Loan Repaid?
Unlike a traditional loan, you don’t have to start making payments immediately. We only get paid after your lawyer has secured your settlement. That allows you to receive a cash advance without taking on another monthly payment.
No Settlement Equals No Repayment
In a perfect world, justice would always prevail. Unfortunately, some North Carolina lawsuits won’t end with a settlement. If that happens to you, you don’t have to worry about paying us back.
We only require repayment when your attorney secures your settlement. If you lose your case, you owe us nothing. We believe that a settlement loan should never be a financial burden.
What Can a North Carolina Lawsuit Loan Pay for?
There are no spending restrictions on your funds. Many people use their pre-settlement funding for:
- Housing costs
- Utility bills
- Groceries and clothing
- Tuition fees, for themselves or their dependents
- Medical care
- Transportation costs
- Vehicle repair or replacement
- Home renovations, if needed to accommodate an accident-related disability
- A wheelchair-accessible or adaptive vehicle
Everyone’s situation is different, so you spend the money how you see fit. Our loans can help you stay afloat without racking up credit card debt and late fees.
What Is the Difference Between a Lawsuit Loan and a Cash Advance?
Lawsuit loans may be referred to as pre-settlement funding, a settlement loan, or a cash advance against a settlement. We like to think of our lawsuit loans as a way that you can “borrow forward” from yourself. These funds are a cash advance against your future settlement.
Other lenders may use these terms differently. Unfortunately, predatory lenders take advantage of individuals while they wait for their settlements. They may charge an application fee or require repayment even if you don’t win your case.
What Types of Injuries Qualify for a Lawsuit Loan?
Your lawsuit is already based on the premise that someone else is responsible for your injuries.
There are no specific injuries that will automatically qualify or disqualify an individual for a Silver Dollar Financial lawsuit loan. When we review your application, we look primarily at the strength of your legal case.
How Long does the Average Personal Injury Lawsuit Take to Settle?
Many people wait months or even years to receive their settlement. The insurance companies know what they are doing when they stretch out a lawsuit. The longer you wait, the more likely you’ll be to accept an offer that is less than fair.
Insurance companies take advantage of your financial situation and feelings of despair. A lawsuit loan puts you back in control. When you aren’t worried about your finances, you have the time and patience to hold out for maximum compensation.
A lawsuit loan also allows you to concentrate on getting better. When you don’t have to worry about losing your home or taking care of your family, you can focus on your well-being.
Get the Money You Need Now
It is free to apply for a North Carolina lawsuit loan, so there is no reason to put it off. Most approvals happen within 24 hours. Apply now to learn if you qualify.