Have you suffered debilitating injuries in a motor vehicle accident? Do you anticipate financial compensation for your damages? If so, this could be the best way to pick up the pieces. However, car accident claims take far longer to settle than many victims realize.
At Silver Dollar Financial, we do not believe you should have to suffer with the financial implications of your injuries for another minute. You can apply for our Oklahoma City car accident loans and get an advance on your settlement in 24 hours or less. Our car accident loan company is here to answer your questions or concerns and help you begin to move forward with your life.
Qualifying for Car Accident Loans in Oklahoma City
If you want to access a portion of your car accident settlement funds ahead of time, you can fill out an application with Silver Dollar Financial and be one step closer to financial relief. However, specific factors can influence whether your application is approved and, if so, for how much.
Many people searching for pre-settlement legal funding wonder whether their credit will influence their application. If you were applying for a traditional bank loan through a financial institution or a bank, you would need exceptional credit. The bank needs to determine your likelihood of paying back the loan.
If you do not have good credit, the bank can do one of two things. They could deny your application for a personal loan or approve your application but require you to pay extremely high interest rates. With exorbitantly high interest, you could pay more for the interest than the loan’s value.
However, when you apply for Oklahoma City car accident legal funding, you do not need to worry about your credit score. We do not even run your credit when our loan specialists review your application. This is because your credit score does not matter.
We understand that your car accident may have caused your credit score to plummet. Therefore, we do not consider your credit score or the details in your credit report when determining whether to approve or deny your application.
Source of Income
If you were to apply for a personal loan via your bank or credit union, you would likely need a source of income as part of your qualifying criteria. This is because these financial institutions need to ensure you are paying back the loan within the month after your loan has been issued.
They will ensure you have the means to continue repaying a loan by ensuring you have a source of income. However, we understand that you may temporarily or permanently be out of work due to the significant impact of your injuries.
Therefore, you may not have a source of income. Fortunately, when you get a car accident loan in Oklahoma City, you do not need to have a source of income. Our loans are non-recourse, so they can only be repaid through the car accident settlement funds you win.
When you apply for legal funding through a bank or financial institution, you may also need to provide credit references. Again, this is to determine your creditworthiness and how likely you are to pay back the loan. However, since our loans are non-recourse, we do not need credit references to process your application.
For legal reasons, we can only issue car accident settlement funding to injury victims who are 18 years of age or older. However, if you are the parent or guardian of a minor child who suffered injuries, you may be able to obtain a settlement loan in your name on their behalf.
You Must Have a Car Accident Lawyer
To get approved for a Silver Dollar Financial car accident loan, you need to have a car accident lawyer working on your case. Many personal injury lawyers work with their clients on contingency which means they are not expecting you to pay them for their legal services unless they win.
For this reason, we rely on your attorney’s opinion before authorizing your pre-settlement funding. If your attorney did not expect to win your case, they would not have taken it on. Similarly, if your lawyer does not approve your car accident loan application, Silver Dollar Financial can’t either.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
How Oklahoma City Car Accident Loans Work
When you are ready to apply for an Oklahoma City car accident loan, you can do so in three easy steps:
Start off by completing our online car accident load application. Do not forget to include every detail so we can process your application quickly.
You Get Approved
Once you submit your application, our loan specialists review your application and reach out to your lawyer for verification and confirmation. After speaking to your attorney and determining you have met our eligibility requirements, we approve your application and send the money to your bank within hours.
You Repay Your Car Accident Pre-Settlement Funds
Once your car accident settlement funds come in, your lawyer pays back your legal funding and writes you a check for the remaining balance. If your lawyer does not win your insurance or civil claims, you will not have to pay back your Oklahoma City car accident loan.
Call Our Loan Specialists to Discuss Your Oklahoma City Car Accident Loan Today
With a quick and easy application process, you could be mere hours away from finding the financial relief you need when you need it most. Our Las Vegas car accident loans from Silver Dollar Financial can help you cover your costs now, so you do not need to wait for your car accident claim to be resolved before you begin rebuilding your life.
If you are ready to be proactive with your car accident settlement but do not know where to begin, do not hesitate to contact our loan specialists for financial support. Please fill out our application now, call our office, or complete our online contact form to further discuss your family’s financial needs.