A Tampa car accident can have long-lasting ramifications. The accident can cause an injury that affects a person’s ability to work, go to school, and engage with family members and friends. In addition, a person may be 100% responsible for their medical bills, even if this individual did not cause the auto accident.
At Silver Dollar Financial, we provide Tampa car accident loans based on projected personal injury lawsuit settlements. Our team can learn about you and your Tampa car accident lawsuit. Next, we can provide you with a personalized quote for an auto accident loan.
What You Get with a Tampa Car Accident Loan
A Tampa car accident loan is a type of non-recourse funding. It entitles an auto accident victim to money contingent on the result of their personal injury case. If the plaintiff’s personal injury case is successful, this individual must repay their loan.
For example, a Tampa auto accident victim can sue an at-fault party and pursue thousands of dollars in damages. The victim can request a lawsuit loan that provides upfront funding this individual can use for the duration of their case. After the victim’s case is settled, only then does this individual pay back their pre-settlement funding.
Comparatively, a Tampa car accident victim can get an auto accident loan but lose their case. If this happens, the lawsuit loan company takes full responsibility for this individual’s pre-settlement funding. At this time, the auto accident victim is under no obligation to pay off their lawsuit loan.
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There Are Minimal Requirements for Tampa Car Accident Loans
To obtain a Tampa auto accident loan, an individual must hire a lawyer. The car accident victim’s lawyer works diligently on their client’s behalf to present a strong argument in court. Plus, the attorney communicates and collaborates with the plaintiff’s lawsuit loan provider.
A Tampa car accident victim must complete a lawsuit loan application as well. The application can be filled out online. It may require only a few minutes to complete.
Tampa car accident loan applicants do not have to provide their credit history or other personal financial information. Instead, they share details about their auto accident case and projected settlement amount. If an applicant gets approved for a car accident loan, this individual can expect a check for the pre-settlement funding to arrive within days.
A Tampa Car Accident Loan May Be a Better Option than Accepting an Insurance Settlement
There can be times when a Tampa auto accident victim receives a settlement offer from an at-fault party’s insurance company. The victim may feel pressure to accept a settlement, even if it falls short of their expectations. Conversely, the victim can pursue an auto accident loan that provides money right away and allows this individual to seek damages in court.
For those who are faced with an insurance settlement offer following a Tampa car accident, consult with a personal injury attorney. This allows an accident victim to review the settlement offer with a lawyer and weigh the pros and cons of accepting it. If the victim and their attorney decline the offer, they can move forward with litigation and pursue a lawsuit loan.
A Tampa auto accident loan gives an individual the opportunity to continue their litigation without financial limitations. The loan helps an auto accident victim stay afloat financially throughout their litigation. This individual can decide how their auto accident loan is spent, too.
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What to Do with a Tampa Auto Accident Loan
It is important to plan ahead for using a Tampa auto accident loan. A car accident victim should review any medical bills and other expenses. This enables an auto accident victim to get the most value out of their pre-settlement funding.
A lawsuit loan company does not track how a car accident victim uses their lawsuit loan. If a car accident loan recipient has questions about what to do with their pre-settlement funding, the company can help. The loan recipient can reach out to the business’ lawsuit loan specialists for guidance.
For many lawsuit loan recipients, it is beneficial to create a budget. This allows an individual to track their spending and manage it with precision and care. It also enables a person to see how a lawsuit loan is being spent and utilize their pre-settlement funding to avoid debt.
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How to Evaluate a Tampa Car Accident Loan
A Tampa auto accident victim can receive a lawsuit loan quote. At first, the quote may seem confusing. With a careful evaluation of the quote, this individual can decide if now is the right time to accept it.
To evaluate a Tampa auto accident loan quote, consider the short- and long-term effects of any decision relating to it. A car accident victim can accept a loan quote, get pre-settlement funding, and use their money for the duration of their litigation. On the other hand, this individual can decline the quote and look elsewhere for financial assistance.
Take the time necessary to examine a Tampa car accident loan quote from all angles. If an individual feels confident about a lawsuit loan and the company offering it, it may be a good idea to accept the quote. From here, this individual can receive their pre-settlement funding without delay.
Select a Tampa Car Accident Loan Company that Takes Care of Its Clients
A Tampa auto accident loan company understands the challenges associated with pre-settlement funding. The business addresses these challenges for its clients. In doing so, the company makes it easy for individuals to pursue car accident loans at any time.
Look for a Tampa car accident pre-settlement funding company with plenty of experience. The company should have no trouble teaching people about lawsuit loans. It should also go above and beyond the call of duty to answer questions about its pre-settlement funding options.
Also, find out what clients are saying about a car accident loan company in Tampa. The best auto accident loan company shares client testimonials. This allows people to learn how the business connects with its clients and supports them in any way possible.
Request a Tampa Auto Accident Loan from Silver Dollar Financial
Silver Dollar Financial wants Tampa auto accident victims to receive immediate financial aid. We offer car accident loans and many other pre-settlement funding options. To learn more, please contact us today.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding