The trucking industry is a vital yet dangerous part of our nation. With about 70% of all products being transported constantly from one coast to the other and over 3.5 million people driving them, there are bound to be many daily truck accidents.
At Silver Dollar Financial, we can help provide the necessary funds with our truck accident lawsuit loans. These are a form of pre-settlement loans that can help you cover your medical bills, lost wages if unable to work, and property damage for your totaled vehicle.
Truck Accidents Are on The Rise
The number of truck accidents only continues to grow each year. By 2030, truck accidents are on the way to becoming the 5th largest cause of death in the nation. About 130,000 individuals are injured yearly in these accidents, and approximately 4,000 are killed.
Drugs and alcohol abuse are typically not the top reasons for these accidents. Brake problems, traveling too fast for current conditions, and unfamiliarity with the roadway were the top 3 causes of truck crashes.
Fatigue is also another issue. Truck drivers receive less than 5 hours of sleep per night, and about 64% of them experience fatigue regularly. 27.5% of these truckers have insomnia, yet they’re still on the road.
Know How to Calculate the Cost of a Truck Accident
According to the Federal Motor Carrier Safety Administration, the average cost of a truck accident with just one injured person can start at almost $150,000. However, when a fatality is involved, that cost rises to more than $7.2 million. These numbers are not the same for everyone: the total cost depends on many factors, so it is important to have a vital plan in place.
A truck accident settlement loan can help with the rapidly growing costs after an accident. The bills don’t stop for anyone, and insurance companies do not make it any easier for the victim trying to recover from this. This funding will help you with the financial assistance you need from your pending settlement.
Applying for Truck Accident Lawsuit Loans Is Fast and Easy
At Silver Dollar Financial, we understand that it is stressful to worry about funds after an already traumatic truck accident. We want to ensure that obtaining your funds is a simple process so that you can focus on paying your necessary bills. That is where truck accident settlement loans come into play.
Click here to begin our user-friendly application for a truck accident settlement loan. Our company will then review your application with your attorney, and you’ll receive an offer usually within 24 hours. Once the offer is accepted, that money will appear in your account shortly after.
These lawsuit loans do not require a credit check, and no employment verification is needed. You are under no obligation to repay it with your own money. These loans are an excellent option for those concerned about further debt.
What Your Truck Accident Lawsuit Loan Can Be Used For
Once you have received your money, you can use it on whatever you need. After such an accident, there will be hefty medical bills, everyday living expenses, childcare costs, rent, mortgage, and car payments that will not pause for you.
It’s important to consider the range of expenses brought about by truck accidents, such as if you will be out of work for much longer than expected and how long you will be without a vehicle if yours was totaled in the accident.
Even if you do not want to touch that money and keep it in your savings, that is your choice. The truck accident settlement loan is meant to provide you with peace of mind, no matter how you use or retain it.
You Do Not Have to Repay a Loan
We know that if you take out truck accident pre-settlement loans at Silver Dollar Financial, it’s because you’re already in financial trouble. If you lose your case, you don’t need to worry. These loans are non-recourse debts, meaning that you will not need to pay anything back if you do not win your case. It is an entirely risk-free form of funding for truck accident victims.
If the case is lost, the lender takes up all losses. This is unlike having credit card debt, and you won’t ever have to pay more than what your settlement is worth. This funding will also not interfere should you take out a separate loan or another form of financing.
What to Do if You Need More Funding Before You Receive the Settlement
If the amount you received on your first loan wasn’t what you were looking for, then you should know there is no limit on how many lawsuit loans you can apply for. Sometimes, it’s not easy to calculate just how much you will need. You may have received even more unexpected medical bills, your monthly rent suddenly increased, or you may now have to pay a daycare to take care of your child.
Settlement times can sometimes drag on for months. You may have already used up what you received from your original loan. We know that unexpected expenses can take a toll on you. We will work with you to ensure you get your needed funding. You might find yourself needing a second or even a third lawsuit loan, and we’ll be with you every step of the way.
Get Your Truck Accident Lawsuit Loan – Apply Today
Being in a truck accident is a scary event that brings on expensive medical bills, serious injuries, mental trauma that is difficult to heal, and endless emails with lawyers and visits to the court. Truck accidents can lead to paralysis, brain and spinal injuries, severe burns, and amputations, leading to years of physical therapy and recovery.
Silver Dollar Financial can take some of this burden off your shoulders. With a lawsuit loan, you get the peace of mind that other forms of financing, like personal loans and credit cards, do not provide. Apply today and receive an offer in as little as a day. The money you deserve could be in your bank account and ready for you to spend faster than you think.
Should you have any questions along the process, a lending specialist will be right there to help you out. Apply now or contact us today for more information.