After a personal injury, you need people who can understand how you feel and help you in the best way possible. Unfortunately, when you file a personal injury lawsuit, the wheels of justice may turn so slowly that you might not have the capacity to fight for what you rightfully deserve.
However, today you can source for legal funding lenders that can give you pre-settlement loans to clear your general bills and pay your legal fees. High Rise Legal Funding Services is one example of such a company.
As is always the case, before entrusting someone with what is possibly the biggest decision of your life, you need to know more about them and their reputation. Here is a comprehensive analysis of High Rise legal funding reviews and what to expect if you choose this well-known lawsuit loan provider.
A History of High Rise Financial LLC
Formed in 2016, High Rise Financial LLC is a legal funding company based in Delray Beach, Florida, that gives pre-settlement to people fighting different lawsuits. Even with its base in California, High Rise Financial serves people from other states located all over the United States and is a member of the American Legal Finance Association.
This legal funding company is one of the oldest and most consistent contributors in the industry. It thrives on dedication and the provision of satisfactory services. It offers pre-settlement funding with no risks, it is fast, and does not require good credit scores or employment.
How High Rise Financial’s Legal Funding Operates
Once you make your application, High Rise looks and decides whether to approve it or not. If approved, you will get your money in the shortest time possible. The company ensures that the application process is easy and that you can maximize your lawsuit by providing you with timely legal funds.
High Rise Legal Funding Reviews
As it stands, the online reviews for this lawsuit fund lending company stand at over 75 reviews and 4.6 stars out of a possible 5. The client’s happiness comes from timely service delivery, the easy application process, and friendly interaction. This probably explains why High Rise Financial has plenty of positive reviews.
The low fees attached to pre-settlement funds and simple interest that this company provides to its clients also boost its positive reviews.
The Advantages of Working with High Rise Financial
As compared to other options that you may have, including legal loans, credit cards, and personal loans, the lawsuit loans provided by High Rise Financial lender is advantageous in the following ways:
Money Acquisition Is Quick
According to what most clients loyal to this company have to say, you do not have to wait for your money after your application is accepted. In as little as 24 hours, you can start and finish the whole application process and have cash in your account. It is suitable for people with urgent needs.
If You Lose, You do Not Pay Back a Dime
No matter how solid your lawsuit is, there is always a chance (even though small) that you could lose. This lawsuit lending company understands that perfectly. It does not charge you for the lost cases. According to the IRS, legal funding is always a non-recourse loan and High Rise Financial upholds that.
However, it is essential to note that the company calculates your pre-settlement loan using the estimated amount of compensation that you are likely to receive from your lawsuit.
Their Customer Care Team Is Human
After an ordeal concerning a personal injury case, you need to talk to a real human who can understand you, not a bunch of robots that focus on your money more. When people allied to this lawsuit lending company give their reviews, they say the fact that they can speak to humans when they have problems allows them to love this company more.
The Downsides of Using High Rise Legal Funding
As is always the case, there is always a downside to everything. For High Rise Legal Funding Company, the downsides come in the following ways:
Availability Is Limited
Location is one factor that still troubles this company. You cannot find its services in some areas, mainly because some states have strict measures that govern legal funding activities. Some of the states where you are not likely to experience High Rise Financial services include Arizona, Arkansas, West Virginia, Mississippi, Maryland, and Kentucky.
On average, the legal funding companies in the country offer between 15 and 20% of the total settlement, including payment to clients. As it stands, High Rise is taking a more conservative approach and can only give offers to clients with 10% worth of the estimated value of their settlement.
Simply put, if you want to make more money, you might have to look for another lawsuit lending company.
High Rise Financial Offers Pre-Settlement Funding
With this lawsuit fund provider, you can get up to $250,000. This is after an approval process that takes between 24 hours and 48 hours. Your funds come directly from the company. It focuses on common types of personal injury cases that involve:
- Home negligence
- Car accidents
- Construction accidents
- Jones Act
- Premise liability
- Defective medical devices
- Dog bites
- Wrongful death
Is High Rise Financial Legit?
With a Google rating of 4.90/ 5.0, a Yelp rating of 4.50/ 5.0, and a BBB Average Customer Review rating of 3.22/ 5.0, we can say that it is doing reasonably well. It has enough to compete with the heavy hitters in the industry.
Silver Dollar Financial Is the Best Pre-Settlement Lender
Silver Dollar Financial is among the best when it comes to pre-settlement and lawsuit funds. We aim to provide fast, affordable, and reliable services to help our clients get the best representation and fight for their full compensation without worrying about money.
From easy applications to fast approvals and affordable rates, Silver Dollar Financial always thinks of its clients first. We also help attorneys to ensure that they give their clients the best representation possible.
Silver Dollar Financial Offers Comprehensive Legal Funding Solutions
We understand how overwhelming and intimidating the lawsuit loan application process can be. It is easy to wonder why you should not forgo a pre-settlement loan for a traditional bank loan. However, if you were to take out a traditional loan, you will be charged substantial compound interest, be ordered to start paying back your pre-settlement loan in a matter of weeks and be subject to a hard pull of your credit score.
However, with Silver Dollar Financial, you do not need to worry about creditworthiness or providing a source of income. During this difficult time in your life, you may be out of work and unable to earn a living.
We understand and base our review process solely on whether you have legal representation, are of legal age, and have an anticipated payout. Our loans are non-recourse, so you will only be expected to pay them back if your attorney wins your case.
Contact Silver Dollar Financial for Help Today
Although High Rise Financial is a potential lawsuit loan contender, the fact remains that they do not currently offer lawsuit loans nationwide. This means you may be unable to secure legal funding through High Rise Financial if they do not service your area.
Thankfully, Silver Dollar Financial provides free settlement loans across the country. You can get the financial support you need when you need it most with our loan specialists. Fill out our application now, contact our loan specialists, or complete our quick contact form to take care of your financial needs in 24 hours or less.