Lawsuit Loans for Pharmaceutical Drug Cases

You can file a pharmaceutical drug lawsuit but should not expect a quick settlement. A typical lawsuit against a drug company can last months or years. In the meantime, you may need money to cover any expenses until your lawsuit is settled.

At Silver Dollar Financial, we offer quick, easy access to pharmaceutical drug lawsuit loans. To learn more, get in touch with us today. Our lawsuit loan specialists can get you up to speed on our pre-settlement funding for pharmaceutical drug cases.

Why Pharmaceutical Drug Lawsuits Can Take a Long Time to Resolve

The U.S. Food and Drug Administration (FDA) has rules in place to protect people against harmful drugs. Regardless, a defective pharmaceutical drug can reach consumers. If this happens, anyone that takes the drug can get hurt.

Many pharmaceutical drug lawsuits are filed across the United States every year. If you are involved in a lawsuit against a pharmaceutical drug company, your attorney may work diligently to get you the money you deserve. On the other hand, settlement negotiations offer no guarantees, and it can take a long time before you get the money you request.

Pharmaceutical drug companies may work hard to protect themselves against brand reputation damage and financial losses. This means a lawsuit against a drug company can linger. Thanks to a pharmaceutical drug lawsuit loan from Silver Dollar Financial, you can receive compensation based on your projected settlement amount.

How a Lawsuit Loan for a Pharmaceutical Drug Case Works

Pre-settlement funding does not work the same way as a traditional loan. In a pharmaceutical drug case, a pre-settlement funding company reviews the facts of your case. If the company determines you are a good candidate for a lawsuit loan, it approves your request contingent on the result of your case.

If you borrow money from a bank or credit union, you are required to pay it back in accordance with the financial institution’s terms and conditions. Comparatively, a lawsuit loan is dependent on whether you win or settle your case. If your request for damages is unsuccessful, you are under no obligation to repay your pre-settlement funding.

When you share information about your pharmaceutical drug case with a pre-settlement funding company, you can receive a complete rundown of how lawsuit loans work. The business can give you details about the different types of funding it offers. This can help you make an informed decision on whether a lawsuit loan is right for you.

How to Get Started with a Pharmaceutical Drug Lawsuit Loan

If you want a pharmaceutical drug lawsuit loan, you can apply for one at any time. Here are the steps to complete to request pharmaceutical drug pre-settlement funding:

Fill out an application. You can call a lawsuit loan company or complete your application online.
Get approved. A lawsuit loan company can take a look at your pre-settlement funding request and will let you know if it has been approved in as little as 24 hours.
Receive your money. After you accept the terms of a lawsuit loan, you get your money.

You do not have to pay any fees to request pre-settlement funding. Plus, the entire application process typically takes only a few minutes to complete. If you submit an application but decide not to move forward with a lawsuit loan at this time, you can always request pre-settlement once again at a later date.

What to Expect After You Receive Your Pharmaceutical Drug Pre-Settlement Funding

When you receive your lawsuit loan, you can use your money however you choose. In many instances, people spend their lawsuit loan funds on medical bills, utilities, or other expenses. You have the flexibility to choose how to utilize your money.

Your attorney will keep your lawsuit loan provider up to date on your case. There is no telling when your case may be resolved, and a lawsuit loan company understands this. Thus, there is no pressure to repay your lawsuit loan right away.

If you win or settle your case, your attorney receives compensation and pays your lawsuit loan company from this amount. Next, you receive the remaining amount of your compensation. At this point, your case is closed, and you are not required to pay anything else to your lawsuit loan provider.

Why People Choose Pre-Settlement Funding for Pharmaceutical Drug Cases

There are many reasons why people request lawsuit loans for pharmaceutical drug cases, including the following.

Convenient Loan Options

It may be faster to request a lawsuit loan in lieu of one from a bank or credit union. In addition, a bank or credit union may require a credit check or review of your financial history, but a lawsuit loan company does not. Instead, a pre-settlement funding company looks exclusively at you and your case to determine if you can receive a lawsuit loan.

Competitive Interest Rates

The interest rate of pre-settlement funding is comparable to that of a traditional loan. A pre-settlement funding company strives to keep its interest rates as low as possible. The company will explain its interest rates in detail and help you get a loan that lines up with your finances.

Outstanding Protection

With pre-settlement funding, you do not have to worry about paying it back if your pharmaceutical drug lawsuit is unsuccessful. Your lawsuit loan company takes 100% of the risk with your pre-settlement funding. In the worst-case scenario, you keep all of the money from your lawsuit loan, and your pre-settlement funding company covers the full amount.

Exceptional Support

Pre-settlement funding is backed by a team of experienced lawsuit loan specialists. You can reach out to these specialists to explore your pre-settlement funding options and figure out which one works best for you. If you decide to move forward with a pre-settlement loan, these specialists will ensure you can complete your application without delay.