Any personal injury can lead to significant injury and loss. Learning you are owed money to cover your losses is a good feeling, but what happens when it takes a long time to get that money? You may need help now, and that is where our San Antonio pre-settlement funding can come into play and offer fast access to some of your money.
At Silver Dollar Financial, we offer pre-settlement funding, sometimes called lawsuit loans. These funds are designed to provide you with a way to get money in your hands now before you are actually awarded money from an insurance or lawsuit settlement. If you need money now, request a free consultation with our team to find out how we can help you.
How does Pre-Settlement Funding in San Antonio Work?
Are you owed money and likely to receive a settlement from an insurance payout or lawsuit? Then, you may be able to obtain a loan based on the amount of money you are likely to receive. Pre-settlement funding allows you to gain access to some of the money you are likely to receive later once the settlement is funded. It is a way to get your money now.
You can receive cash ahead of your estimated settlement with our San Antonio pre-settlement funding service. It is common for defendants, like insurance companies, to drag out the funding process, often finding ways to delay paying you or frustrate you into settling for less than they owe. By obtaining a lawsuit loan from us, you can get the money you need now and not feel that pressure.
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How Much does Pre-Settlement Funding Cost You?
The settlement loan from a car accident will have a minimal interest rate charged to you. The cost you pay is dependent on a number of factors, including the amount you borrow. Typically, the costs are much lower than using credit cards or obtaining a personal loan. Once you request a quote from us, we will provide specific information about all costs involved in the service.
The Benefits of Pre-Settlement Funding in San Antonio
When it comes to paying for your day-to-day costs, that becomes incredibly hard to do when you are unable to work or when your medical bills are piling up. Pre-settlement funding puts you back in control over your financial situation while the courts come to an agreement. There are several benefits to using this type of funding over other types.
You do Not Repay the Loan If Your Settlement does Not Happen
If we provide you with a lawsuit loan and you do not receive a settlement, you are not obligated to repay the money borrowed. This means that you do not have to worry about any of your personal assets being put at risk.
There Is No Credit Check Involved
We do not ask you for any financial documentation or financial statements. We do not need a credit check. Your ability to qualify for the pre-settlement loan is based solely on your claim. This means you do not have to worry about qualifying for the loan.
You do Not Have to Have a Job or Income
We also do not require you to have a job to repay your loan. We do not verify your employment or your income, and that allows you to obtain the compensation you need without having to worry about repayment based on your income. Many people who are owed funds through these loans or settlements cannot work due to no fault of their own. We help to support you in that process.
There Is No Cost to You to Obtain a Quote
Our team is here to help you obtain some of the money you are owed now for a bus accident. We do not charge you any fees for this service upfront. You do not have to worry about paying for a quote – just request one, and we can tell you right away if you qualify.
You Could Have Money in Your Bank Account in 24 Hours
We know how valuable time is in situations like this, which is why we fund these loans quickly, often getting money into our client’s bank accounts in as little as 24 hours after approval.
You Can Use the Funds from Your Loan for Anything
Use the money from the pre-settlement loan for anything you need, including:
- Paying your rent or mortgage
- Meeting your day-to-day living expenses
- Paying for medical care
The key here is that this is your money, and you can use it to meet your needs without restriction.
How Much Can You Obtain from Our San Antonio Pre-Settlement Funding?
The amount you receive is dependent on the type of loan you obtain and your settlement offer. In most situations, you can expect to receive between 10 and 20 percent of the expected settlement. This can range widely, but we offer loans worth $1,000 to $100,000 based on these factors.
Remember that there is a lot of risk to lenders. If, for any reason, your settlement does not occur, you will not have to repay that loan. The lender, then, is taking on a significant amount of risk in these situations, which is why you typically will receive a loan worth 10 to 20% of your expected settlement.
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Why Trust Silver Dollar Financial with Your Pre-Settlement Funding
There is a lot on the line when you are facing a personal injury. Without a doubt, it is frustrating when someone puts you and your financial well-being at risk due to their own negligence. We cannot speed up the court system, but we can provide financial relief as soon as tomorrow.
Contact Silver Dollar Financial now. Let our San Antonio pre-settlement funding team go to work for you. We can provide a free, no-obligation quote within a few minutes. Then, you can determine if borrowing these funds works to meet your needs.
If so, we will begin to process your funds in no time, getting you the money you need right away so you can avoid the pressure from insurance companies. Contact us now to learn how to get started.