Lawsuits may take months, if not years, to settle. Typically, the duration may last between 18 – 24 months to conclude. Your daily living expenses and bills won’t wait till you’re fully compensated for damages. Fortunately, lawsuit funding companies are making it easier for plaintiffs throughout the USA.
Case Cash Funding is among the leading legal loans agencies. It serves customers in most lawsuits, and the primary condition for applicants is that they have legal representation. Furthermore, the company also links potential clients with attorneys if they don’t have one.
The company has been serving clients for over 20 years, but not many details are available regarding its funding. Fortunately, this review has all you need to know about the website to ensure you make an informed decision regarding your preferred legal financing provider.
What Is Case Cash Funding?
This is a New York-based pre-settlement funding agency that began operations in 2011. When the company opened its doors, it first partnered with Golden Pear Funding to fund plaintiffs awaiting injury compensation. Currently, the company is a direct lender and doesn’t rely on brokers.
Typically, Case Cash Funding offers a compounding rate of 2.99% monthly, and customers must pay $100 as a document processing fee. Furthermore, you may pay up to $99 for pick up through western Union, whereas you won’t pay a dime if you’re using first-class mail.
There aren’t any details regarding the loan range for this organization. However, other significant facts about Case Cash funding pre-settlement offerings include:
- An approval time of about 24 hours
- Plaintiffs can get their cash 24 hours after approval.
- Focus cases include workplace accidents, workers’ compensation, car accidents, civil rights, premises liability, and wrongful death.
- Non-recourse funding, where you won’t repay the loan if you don’t win the case
What’s the Process of Getting a Loan from Case Cash Funding?
The company offers a relatively straightforward process, and applicants can get their loans approved in as little as 24 hours. The process involves:
The lawsuit finance company has a straightforward application process requiring little documentation. According to the website, the agency is committed to ensuring clients get a financial boost as soon as possible.
Most plaintiffs who apply for lawsuit funding get their requests approved the same day. The company mentions that it’s sensitive to situations surrounding most of its loan requests, and applicants can access the guidance of underwriters at all times. The only approval requirements for lawsuit funding with Case Cash Funding include:
- You’ve suffered injuries from an accident.
- An attorney is representing you in the lawsuit.
- If you don’t have one, they can refer you to a qualified and experienced attorney with whom they share a working relationship.
Receive Your Cash
The amount of cash you’ll get depends on the nature of your specific lawsuit. According to the agency, there’s no limit to the potential loan amount you can receive, and you’ll fittingly receive the cash at your convenient location in Manhattan via wire, or the check will be sent to your home.
How Case Cash Funding and Silver Dollar Financial Compare
Comparisons are among the best ways of finding the right lawsuit loan. So, how does Silver Dollar Financial compare with Case Cash Funding?
Silver Dollar Has the Lowest Interest Rates in the Market
Numerous legal funding providers offer competitive rates. However, Silver Dollar Financial guarantees the lowest rate. On the contrary, Case Cash doesn’t overtly promise the lowest interest. Instead, it assures clients of standard competitive rates.
Both Offer Risk-Free Loans
Both organizations provide risk-free funding to qualified plaintiffs. You’ll not be forced to pay back the loan if the lawsuit doesn’t conclude with a settlement or favorable judgment.
Silver Dollar Offers Faster Loan Distribution
Silver Dollar Financial can approve and deliver the loan in just 24 hours. However, Case Cash clients are guaranteed to wait from 24 hours to four months to approve their requests.
What Does the Ideal Lawsuit Loan Company Look Like?
For a lawsuit lender to be considered among the top in the industry, several key concepts must be considered. Generally, you want a company that offers non-recourse funding without holding you personally liable for the borrowed amount. As a result, your finances and bank account will be secure even if the judge or jury decides against your wishes.
It’s crucial to work partner with a lawsuit funding company with vivid industry watchdog affiliations, like the Alliance for Responsible Consumer Funding and the American Legal Finance Association. Besides being a member of an ethical standard-setting and watchdog organization, you also need an organization that accepts and serves various case types. You want a company that cooperates with your legal counsel and shares clear limits of the amount you can receive in loans, which keeps the entire process above board and you may not end up paying massive sums of cash.
Case Cash Funding aligns with some of these requirements. Still, the company either doesn’t fulfill the qualifications to be a member of an industry association or just doesn’t publicize other critical criteria like funding limits.
The Pros of Case Cash Funding
Case Cash has several aspects and functionalities that are worth acknowledging. For one, like Silver Dollar Financial, you don’t have to repay the loan after an unfavorable case decision. But if you win, you’ll refund the agreed portion of the entire settlement package.
Despite there being relatively fewer reviews about the company, most of these are positive.
The principal reviews of this company include:
The Cons of Case Cash Funding
Despite being a leading lawsuit funding company, Case Cash also has a negative side. Some former clients have complained that it takes more time to acquire lawsuit loans through Case Cash Funding. There are various cases where customers had to wait for a week or longer to receive the cash.
Furthermore, the company doesn’t offer much information regarding the nature of the lawsuit funding. Common questions on this include:
- Is the loan entirely non-recourse?
- Which cases does the funding organization take on?
- What are the limits for the company’s funding?
Final Thoughts: Silver Dollar Financial is the Clear Choice
Case Cash Funding has various offerings that make it one of the leading lawsuit financing companies in the industry. However, it also has its drawback, and most of the offerings provided by Silver Dollar Financial are superior. Request a loan from us or speak with us today.