Car accidents often result in life-threatening injuries. The trauma of the accident may continue to haunt you emotionally and leave its mark financially. Although the liable party can be ordered to compensate you for your losses, you may need to take legal action before seeing a dime.
When you do not have time to wait for your settlement to come through, you may be looking at opportunities for financial relief. Our San Diego car accident loans at Silver Dollar Financial could solve your monetary struggles. Learn more about how our legal funding works and what to expect after you fill out our application when you call our loan specialists at Silver Dollar Financial or complete our confidential contact form.
What to Expect from Our Car Accident Loans in San Diego
It is easy to become overwhelmed at the thought of taking out a personal injury loan when you are having trouble covering your regular expenses. In fact, it may be counterintuitive to everything you know about staying out of debt. However, once you understand how our car accident loans in San Diego work, you may feel more confident in filling out our online application.
How Car Accident Loans Work
Our car accident loan company takes pride in putting our clients first. Car accident loans are similar to an advance on your checks. However, instead of waiting for your payday, you are waiting for your settlement funds to be paid.
You can obtain a portion of your car accident settlement ahead of time by paying a flat rate. Once your attorney wins your car accident case, your settlement funds can be used to cover your car accident loan.
What Sets Our Car Accident Loans Apart from Bank Loans
We are significantly different from traditional financial institutions such as banks. These institutions are known for taking advantage of those who are struggling to make ends meet. With a bank, you may be required to have a considerably high credit score.
Your credit may have taken a hit after your car accident due to your inability to cover outstanding debts and regular monthly expenses. Even if the bank is willing to approve your application for a loan, with a low credit score, you can expect to pay above-average interest rates. Some loan recipients wind up paying more in interest than they do for the total value of their loan.
We will never run your credit or require you to have a source of income to qualify. We understand that you may temporarily be out of work while you heal from your car accident injuries. Even if you do not have a source of income, we can still approve you for legal funding as long as you have an anticipated settlement since our loans are non-recourse.
Applying for Car Accident Loan Funding
When you are ready to apply for our car accident loans in San Diego, CA, you can do so in several quick steps:
- Gather all the evidence, documentation, and essential personal details you need to complete our application.
- Be sure to provide our loan specialists with your car accident lawyer’s contact information so we can verify the validity of your case and your expected settlement payout.
- We will contact your attorney, review your application, and, if approved, send the money to your bank within hours.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Recoverable Damages After a San Diego Car Accident
After being involved in a car accident, you have the right to be repaid for all of your expenses. These include both monetary damages and non-monetary damages. Examples of such losses could consist of the following:
- The cost of repairing your damaged vehicle
- The cost of purchasing a new vehicle
- The diminished value of your vehicle
- Medical expenses, both now and in the future
- Additional property damages, such as cell phone replacement fees
- Emotional distress
- Chronic physical pain
- Loss of enjoyment of life
- Lost income
- Diminished earning potential
Liability for Your Causing Your Car Accident in San Diego
The individual or entity at fault for your accident will also be responsible for covering your losses. Multiple parties could share blame for your damages, including:
- Companies that design, manufacture, and distribute motor vehicle parts
- Reckless or irresponsible drivers
- Negligent safety inspectors
- Irresponsible trucking companies
- Government agencies and municipalities
- The vehicle maintenance technician
- Road construction workers and contractors
- Subcontractors and independent contractors
- Other third parties
We Can Authorize the Car Accident Legal Funding You Need Today
Our loan specialists will need to carefully examine your application before determining how much we can approve in car accident loan funding. Typically, we can authorize as much as 20% of your anticipated settlement. However, this amount could vary widely on a case-by-case basis.
Apply Now for Pre-Settlement Funding
The Law Could Impact Your Car Accident Settlements and Loans
Multiple laws in the state of California could impact the amount of compensation you can recover in your car accident claim. Some of the most notable include the following:
California follows fault-based insurance laws, which means you will file a claim with the liable party’s insurance provider instead of your own. If the responsible party does not have insurance, you may be able to file a claim with your own insurer or pursue a civil lawsuit against the liable party.
Statute of Limitations
California has a two-year statute of limitations for personal injury and car accident claims. If your claim is not filed before this deadline, the court system in San Diego will refuse to hear your case.
California is a pure comparative negligence state. If you are found to be partially at fault for the injuries you sustained, you can expect your compensation to be reduced in proportion to your percentage of liability.
Reach Out to Learn More About Car Accident Loans in San Diego Today
Financial relief is on the horizon when you work with Silver Dollar Financial loan specialists to get approved for pre-settlement legal funding. Our San Diego car accident loans could be your best opportunity to escape financial ruin and start rebuilding your life before your settlement comes in.
Find out whether you qualify and how much you could be authorized in legal funding when you fill out our online application, call our office, or complete our convenient contact form. Your money awaits.