Is someone else responsible for causing your car accident? Have you suffered debilitating injuries and damages due to another party’s negligent actions? If so, you may be entitled to financial compensation for your suffering.
However, while your lawyer fights for justice, you will still need to cope with the financial implications of your collision. With Silver Dollar Financial, you can quickly return to your life with our Seattle car accident loans. You can get an advance on your anticipated settlement when you contact our car accident loan company for help.
Contact our loan specialists today to learn whether you meet the eligibility requirements.
Crucial Car Accident Loan Details
Before you decide to take out a car accident loan against your anticipated settlement funds, it is essential to make sure you understand how they work, the eligibility requirements, and how to repay your loans. This way, you do not have a worse financial situation than when you started. With that in mind, here are some of the most important things you need to know about car accident loads in Seattle:
The Qualifying Criteria
First, you must meet specific qualifying requirements before your application can be approved. No, we do not require you to have exceptional credit scores, credit references, or a source of income. However, Silver Dollar Financial does need the following:
- You must be at least 18 years old.
- You must have an anticipated car accident settlement payout.
- You must be working with a car accident or personal injury lawyer.
Many people wonder why they must have an attorney working on their case. The answer is relatively simple.
Since car accident lawyers work with you on a contingency agreement, they will only get paid something if they win your case. Just like our settlement loads are non-recourse, if your attorney is confident in winning your case, we have confidence in issuing a lawsuit loan.
How to Apply for Car Accident Loans in Seattle
Applying for many car accident loans can be a lengthy edge confusing process. However, this differs when applying for legal funding for Seattle car accident damages through Silver Dollar Financial. You can apply for pre-settlement car accident funding in these easy steps:
- Gather the information you need to complete our application.
- Please fill out our application now and include all necessary personal information and contact details.
- Submit the application and wait for our loan specialists to verify the information with your personal injury lawyer.
Once we have discussed your case with your car accident attorney, we can figure out how much to authorize and send the money to your bank in 24 hours or less.
Paying Back Your Loan
Stay calm about what will happen if your lawyer does not win your car accident insurance or civil claims. After everything you have been through, if you were to take out a lawsuit loan and your lawyer lost your case, it could be devastating financially.
Silver Dollar Financial recognizes this and never requires you to repay your car accident loans if your lawyer loses your case. Having a non-recourse loan means we can only accept repayment for the loans if the money comes from your settlement.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Why Bank Loans Are a Bad Idea
Bank loans are almost always a bad idea. This is especially true when you have trouble making ends meet and waiting for a car accident settlement. Here is why:
Many personal loans immediately start accruing compound interest. If you were to borrow $100,000 through a personal loan and the interest rate was set at 5%, you would wind up paying nearly $5,000 in interest.
However, if you decide to go with our Seattle car accident loans, you never have to pay compound interest. Instead, we charge a flat fee, so you always know exactly how much you must pay back once your settlement arrives.
Unfortunately, many financial institutions engage in predatory lending behaviors. They may review your application and approve your requested loan even though you cannot afford to make the compound interest payments. This means you could have a worse financial situation than before you took out the loan.
When you take out a personal loan through a financial institution, you must be prepared to start paying it back within 30 days. When you choose car accident loans in Seattle, instead of paying back the loans within 30 days, you will only need to repay your loans once your settlement comes in.
The Statute of Limitations in Washington
It would be best to start working on your car accident case immediately. Once you have a car accident lawyer on your side, you will be one step closer to recovering your damages.
Failure to file your car accident claim within three years of the accident date means the court system will refuse to hear your case under Washington state personal injury laws. If your claim has yet to be filed or you still need a lawyer working for you, Silver Dollar Financial may not be able to grant your application for pre-settlement legal funding.
Washington State Shared Fault Laws
It is not unusual for liable parties to blame the victims for causing their injuries. Since Washington state follows a pure comparative negligence system, you will not be prohibited from a cover and compensation or being awarded a lawsuit loan for sharing fault.
However, your settlement will be reduced proportionally. This means sharing liability could directly impact how much we can authorize in car accident loan funding.
Get Started on Your Seattle Car Accident Loan Application Today
With low-to-no risk, consider our Seattle car accident loans so you can escape financial ruin. Get the financial support you need when you need it most.
Contact our team at Silver Dollar Financial for an advance on your car accident settlement funds today. You can start your lawsuit loan application by applying now, filling out our online contact form, or calling our office to speak to one of our experienced loan specialists.