When you file a personal injury case, you’re seeking compensation for the negligence of another party. Getting the money you deserve takes time and, often, an experienced lawyer. But what if you need money now while your lawsuit is still pending? Your settlement is more than likely on the way, but you have to wait …
Will Silver Dollar Financial Work with My Lawyer?
As a pre-settlement funding company, Silver Dollar Financial provides loans for injured people to get through the often excessively long time between their injury and their eventual compensation. Some potential borrowers may worry about taking out a pre-settlement loan, fearing predatory lending practices, or reliving past nightmares with other businesses. But Silver Dollar Financial is …
What Happens If You Default on a Loan?
When you take out a loan, the expectation is that you will repay the loan, plus agreed-upon interest. However, sometimes people may become unable to pay back a loan, leading to a “default.” For example, the Consumer Financial Protection Bureau (CFPB) notes that student loans are typically considered to be in default if you fail …
Are Pre-Settlement Loans Safe?
Safety and financial risk are among the chief concerns of people who need to take out a pre-settlement loan. This kind of funding is useful for injured people waiting on their case to settle or for a jury to award them compensation at trial, but a loan that must be paid back is often a …
How Long Does It Take to Process an Application for a Pre-Settlement Loan?
When you are waiting on your personal injury claim to settle, life does not wait with you. Medical bills, rent, food, power bills, and more are all exacerbated by a lack of income if your injury prevents you from working. Worse, the opposing side and their attorneys will try to drag negotiations on for as …
What Is the Process to Get Pre-Settlement Funding?
A personal injury lawsuit can take a long time to resolve. Unfortunately, living expenses and bills are usually right on time. One way to solve this problem and get the money you deserve is to pursue pre-settlement funding while your claim is negotiated with the at-fault party. At Silver Dollar Financial, our process is simple …
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