Can You Get More Than One Pre-Settlement Loan?
Pre-settlement loans are designed to meet your financial needs during the extended period of a pending personal injury claim. With Silver Dollar Financial, you can get up to $100,000 within as little as 24 hours. This can help you regain the upper hand in negotiations and ease the pressure that often comes with mounting medical bills and related expenses coupled with a loss of income. In some cases, you may wish to get more than one pre-settlement loan. While this is possible, Silver Dollar Financial uses the data you provide about your personal injury case and your finances to offer a loan that will cover your expenses until your case resolves.
Why I May Need a Pre-Settlement Loan
Pre-settlement funding, also known as lawsuit funding, is used to tide you over while your case settles. Unfortunately, personal injury claims can take a long time to resolve, leaving you financially stranded for, potentially, years. For example, the Georgia statute of limitations allows you to file a claim within two years of your initial injury. But that deadline is only the beginning of your claim.
After you file your claim in court, you face a significant amount of time in which your attorney and the attorney for the opposing party collect and preserve evidence. Then, they will engage in sometimes long, drawn-out negotiations. It is in the best interest of the opposing side to make negotiations drag on for as long as possible since this means they postpone any payment. Also, these stalling tactics are used because they can make you desperate as your bills and expenses stack up and your income is lowered due to injury.
I May Have Costly Damages
Filing an injury claim is not only about seeking justice; it’s also a way to get the money you are owed due to the harm that was caused you. For example, it would not be fair for you to have to pay for your own medical expenses when the other person was responsible for your injuries. There are many different kinds of damages that can increase the value of your claim, but they also signify financial hardship you may experience before you recover compensation.
- Medical bills
- Future lost wages
- Car repair (if you were injured in a car accident)
- Loss of consortium with your spouse
- Pain and suffering
True justice is not only holding the person responsible for your injury accountable but also getting them to pay you what you are truly owed.
Get a Pre-Settlement Loan
Silver Dollar Financial has created an easy, three-step process to get your money to you as quickly as possible. The only step that requires action from you is the first: application.
Step One: Application
When you fill out our application form, supply us with as much information as possible about your case and your financial situation. This helps us assess your eligibility for a pre-settlement loan of up to $100,000. Remember to include your contact information as well as the contact information of the law firm representing you in this case.
Step Two: Assessment
Once you submit your application, our team of experts takes the process over. We will look through the information you provided and make a decision on your eligibility for a loan in as little as 24 hours! Your credit score is not part of our decision-making process! If we need additional information before approving your loan, we will contact you or the law firm that represents you.
Step Three: Approval
The third step is the most joyous in your journey to pre-settlement funding. Once we approve your application, Silver Dollar Financial will transfer the funds into your bank account as soon as possible. That money is yours to spend as needed.
Paying Back a Pre-Settlement Loan
The money you get as a pre-settlement loan is paid back directly from your eventual settlement. In a sense, you are borrowing from your future self to pay for your current expenses, rather than “borrowing” from us.
When I Don’t Get My Recovery
Sometimes, personal injury claims do not go the way we want. Obviously, there is always at least a small chance that negotiation can stall or a lawsuit can end with the judge or jury deciding in favor of your opponent. You don’t have to worry when this happens.
With Silver Dollar Financial, you don’t have to pay us back if you don’t get a recovery. We want to take the fear out of getting the money you are owed now so that you can take control of your situation and pursue justice in your case.
Apply Today for a Pre-Settlement Loan
If your personal injury claim is taking a while to settle, start the application process for a pre-settlement loan and you may be approved in as little as 24 hours! Silver Dollar financial is here to help you protect your interests while you resolve your claim equitably.
Call our experts to learn more about pre-settlement funding at (844) 871-0628 or simply fill in your information by clicking our Apply Now button at the top of the page.