If you get hurt in a Lyft accident, hold the rideshare driver, their employer, or any other liable parties accountable. A personal injury lawyer can help you submit a personal injury lawsuit. Along with this, they can assist you if you decide to pursue Lyft accident lawsuit loans and other funding options.
Silver Dollar Financial offers various types of funding to Lyft accident victims and others. We can help you obtain a legal loan in as little as 24 hours. Speak to our legal funding specialists to learn more about our pre-settlement loan options.
What You Need to Know About Rideshare Accident Lawsuit Loans
Lawsuit loans for Lyft accidents are different from funding available from banks and credit unions. With a standard personal loan, you have to make monthly payments. Alternatively, legal funding gives you the freedom to use the money you receive and not have to pay anything back unless your case is successful.
You could qualify for a legal loan if you are involved in a Lyft accident in which you are traveling in a rideshare or a ridesharing driver slams their vehicle into yours. In either of these scenarios, you could have grounds for a personal injury lawsuit. Once you hire a lawyer and file your lawsuit, you can request legal funding.
Silver Dollar Financial can explain what a non-recourse loan is and if you are eligible for one. If you qualify for a Lyft crash lawsuit loan, you could receive up to $100,000 based on your projected case settlement amount. Contact us for more information.
What the Lyft Accident Lawsuit Loan Application Process Entails
You are concerned about how long it will take to process your application for a pre-settlement loan for your Lyft collision case. Generally, getting approved for a Lyft collision lawsuit loan is easy. A legal loan company can review your submission and provide you with a personalized quote as soon as the day after it receives your application materials.
To get your money now, you will need to fill out an application. A legal funding company can accept your application materials over the phone or online. It has lawsuit funding specialists on staff to help you as you finalize your submission.
Get plenty of information before you apply for a legal loan. It is important to understand what a personal installment loan is and how it stacks up against lawsuit funding. If you believe a pre-settlement loan is right for you, complete your application, and you will find out shortly after how much money you can receive based on your rideshare accident case.
Why a Legal Loan Is a Great Option for Those Involved in Lyft Accident Lawsuits
Ultimately, plaintiffs can benefit from pre-settlement legal funding in Lyft accident lawsuits and other personal injury cases. There are many reasons why rideshare collision victims consider lawsuit funding. These include:
No-Risk Funding
A personal loan must be paid back in accordance with a lender’s terms and conditions. On the other hand, legal funding only has to be repaid if you win or settle your case. If you do not receive compensation from any liable parties, your pre-settlement funding provider takes full responsibility for your loan balance.
Flexible Funding
There are no strings attached to your legal funding. After a legal loan provider approves your request and you receive your money, you have the freedom to use your funding however you choose. This gives you the ability to use your money to cover your everyday expenses without having to give up on your litigation.
Funding Contingent on Your Case
Typically, a bank or credit union requires a credit check and financial statement as part of its personal loan application. You may believe the same is true with a legal loan and that pre-settlement funding requires a credit check or financial statement. Yet, with a lawsuit loan, you only have to share information about your case to obtain funding.
Legal funding can benefit you for the foreseeable future. Consult with a pre-settlement funding company if you have questions about legal loans for Lyft crashes and if you are eligible for one. The business can connect you with lawsuit loan specialists who can answer your questions and discuss pre–settlement funding requirements.
Requirements to Get a Legal Loan Based on a Rideshare Accident
It is mandatory to have a personal injury lawyer as your legal representation before you can get a pre-settlement loan. Your attorney can help you obtain fair compensation in your Lyft crash case. At the same time, they can speak to your legal loan company on your behalf and keep the business updated about your case.
You must submit a pre-settlement loan application. It may take you just minutes to prepare your application materials. You are required to share details about your Lyft collision case, and a legal funding provider can use this information to determine what it can provide.
There are no fees to apply for a legal loan, and you have the option to request one at any time during your Lyft accident case. You will receive a loan quote that includes information about your interest rate. If you are satisfied with your quote, you can accept it, receive your money, and pay back your loan if you win or settle your case.
How to Repay a Legal Loan
Ideally, Lyft, a rideshare driver, or another liable party pays you adequate compensation for your crash-related losses. If you previously received a legal loan, you may have to pay it back. Your lawyer can assist you with your repayment.
If you are given a settlement, your attorney can take out what you owe your legal loan provider. They can send a check for your lawsuit loan balance. You will get the remainder of your settlement.
In a situation where you do not get any compensation, there is no need to stress. Your attorney should inform your legal loan company about this result. The business eliminates your loan balance, and you are not responsible for paying anything back.
Submit Your Request for a Lyft Collision Legal Loan Today
If you want pre-settlement funding to help you cover your daily expenses as you proceed with a Lyft crash lawsuit, Silver Dollar Financial can assist. We can teach you about our legal loans for Lyft accident victims. Reach out to us.