During your pursuit for compensation from a personal injury claim, time is not on your side. Negotiations between your legal representation and the insurance company can take a long time. If your claim goes to trial, it can take even longer.
There is no incentive for the insurance company to resolve things in a timely manner, and the courts often get swamped with so many cases that yours may get delayed in the disarray.
Many people turn to the financial assistance that pre-settlement funding provides to get by while waiting for a settlement to get reached. If you find that the money you received from your pre-settlement loan is not enough, you can always apply for more.
Silver Dollar Financial provides pre-settlement funding to those who require funds now. We have helped countless Georgia residents get the settlement they deserve by giving them the money they need to avoid financial hardship. Trust in our years of experience and call us today at (844) 871-0628.
Does Prior Funding Affect My Application?
Yes, but not in any negative way.
If you received prior funding either with another lender or with us, your application does not get impacted negatively. We will review how much you have received prior and use it to factor in how much you will receive.
Simply having a loan from a different lender will not disqualify you. We deal with many clients who need additional funds after already receiving funding.
Click to contact the Silver Dollar Financial Team today or Call (844)871-0628
Why People Need a Second Round of Pre-Settlement Funding
Initially, you may have thought that you only needed to cover your medical expenses with the money you originally received. Later down the road, you may have noticed that your injuries prevent you from working as much as you used to. You find that you cannot afford to pay any of your other bills or necessities.
Pre-settlement funding covers a multitude of different expenses that go past beyond your injuries, such as:
- Vehicle repairs or replacements
- Property damages
- Mortgage payments or rent
- Utilities, food, and other living expenses
The expenses you normally cover can suddenly become too big to handle. Debt can pile up faster than what your original funding can cover. In that case, the second round of funding will help stem the tide of financial pressure.
Pre-Settlement Funding Is Not a Traditional Loan
Pre-settlement funding works like a loan, but it is not a loan in the traditional sense. This distinction is important because it illustrates that applying for pre-settlement funding works differently than a loan you would procure at a bank.
Pre-settlement funds are non-recourse. According to the Internal Revenue Service (IRS), non-recourse debts mean that the borrower is not personally liable for them. In other words, your pre-settlement funds do not have to get paid back if you lose your case in court.
Taking out multiple loans with no funds to your name often means rejection by the bank or other traditional lenders. In this case, pre-settlement funding is given to you in hard financial times without the need to rely on financial indicators such as bank statements, credit score, or proof of employment.
All that matters the most is the merits of your case. We assess each case holistically and compassionately. Silver Dollar Financial provides funding to those who need it most. You do not need to worry about how taking out multiple rounds of pre-settlement funding may look. We know that expenses are unpredictable, and we are here to help.
Applying for Additional Pre-Settlement Funding
The application process remains the same even if you have prior funding from a different lender. We know that deadlines to pay your debts do not wait. We will work hard to get you qualified quickly. Silver Dollar Financial aims to make the process as streamlined and fast as possible.
Apply Online or Over the Phone
Call us or click the apply now button to get started. We will ask that you provide us with your information, your lawyer’s information, details about your case, current financial situation, how much funding you received prior, and how much you currently need.
We Review Your Application
Once we get your application, our team will review it to make sure all the information is correct and assess your case from there. If need be, we follow up with you or your lawyer for additional information or questions.
If you are qualified, you will receive your funds within 24 hours. You can receive up to $100,000 in funding depending on your case’s circumstances and financial need.
Remember, you do not need to provide bank statements, proof of employment, collateral, or submit to a credit check. What we care about most is the details of your case. All information provided to us is kept safe and confidential.
Apply Now for Pre-Settlement Funding
Get Additional Funding Today
Pre-settlement funds are there to help you get the best settlement you can. When you go through a difficult time financially, the defense may seek to exploit that and offer you a low ball deal you have no choice but to accept. Legal battles are costly, long, and often leave you hanging to dry while you wait for a settlement to come through.
Silver Dollar Financial has provided funding to hundreds of clients. We do not engage in predatory lending practices that seek to hijack your case. Our top concern is empowering you to focus on recovering from your injuries and winning your case.
Apply online or call us today to learn more about all of your financing options at (844) 871-0628.