The Best Pre-Settlement Lawsuit Loan Company
When you file a personal injury lawsuit, chances are that you may be in urgent need of cash for various medical, household, and other expenses. While obtaining a lawsuit loan (also known as settlement funding) in this situation is a good option, it’s critical to choose your lawsuit loan provider wisely. Here are some of the key attributes of the best lawsuit loan company that you should look for before signing up for lawsuit funding.
Characteristics of a Top Lawsuit Loan Company
One-Stop Service Provider
Whether you are looking for lawsuit loans, cash advances, or settlement loans, the company you are considering should be able to offer all legal funding services under one roof. This saves you time and hassle and gives you the peace of mind of knowing that all your lawsuit loan requirements will be serviced in one place.
Nationwide Presence
It’s best to choose a lawsuit loan company that has an extensive geographical presence across multiple states. Each state may have different regulations related to lawsuit loans, so your legal funding provider should be well-versed with the requirements in your state.
Transparent Communication
Transparency in communication from your lawsuit loan company is critical when you are seeking legal funding. They should be upfront about the loan costs and the process of loan approval and transferring money so that you can make an informed decision.
Dedicated Customer Service
When you are going through the financial hardship and stress that often comes with a personal injury legal battle, you need a trusted and supportive lawsuit loan company that offers excellent customer service. They should be able to make things easier for you and should promptly address your questions and concerns.
No Credit Checks
Make sure you work with a lawsuit loan provider that welcomes clients who might have a poor credit score or no credit history. A lawsuit loan company that does not care about credit checks is likely a company that cares for its clients and does not create hurdles in their path to obtaining legal funding.
No Repayments until Settlement
Unlike traditional lenders that require monthly repayments from the borrower, a good lawsuit loan company will ask for no repayment until your case is settled and you have received the settlement proceeds. No matter how long it takes for your case to settle, you don’t have to repay anything until the settlement is finalized.
Competitive Interest Rates
The cost of the loan is a critical factor that will influence your choice of a lawsuit loan provider. The best lawsuit loan company will be in a position to offer you the most competitive interest rates in the industry. They will structure the interest rate based on what type of funding is most appropriate for your needs.
Unlimited Legal Funding
A top lawsuit loan company will have the financial capacity to offer you as much funding as your case is estimated to support or as the case develops. They will impose no limits on the amount of funds you can borrow to meet your requirements. Moreover, they will offer multiple advances on a single case, if required.
No-Risk Lawsuit Loan
Nobody knows the final outcome of a personal injury settlement negotiation or court trial. To eliminate the uncertainty for clients, a reputable lawsuit loan company will offer non-recourse funding. This means that even if you lose your case against the defendant, in the end, you owe nothing to your lender. In absence of a settlement, the entire advance you received will be forgiven.
You Get Money within 24 Hours with the Best Lawsuit Loan Company
Fast turnaround time is the hallmark of a top legal funding company. The company will understand the client’s urgency to receive cash, and they will have a streamlined process to disburse the loan faster than most people would imagine.
They would have a track record of funding many cases within just one business day. Most loan applicants can expect to get approved and receive cash within as little as 24 hours.
A reputable lawsuit company will value your time and simplify the application process by making it completely online. You just have to complete a quick and easy online application form, or simply call them up at their customer service phone number. One of the knowledgeable and friendly specialists from the company will call you and guide you through it.
From start to finish, it may only take about five minutes to complete the application process – including the submission of verification documents. That’s the kind of speed and efficiency that a top professional lawsuit company like Direct Legal Funding can offer you. After receiving the necessary information from your lawyer’s office, you can expect your approval and funds within 24 hours.
Get Funding for a Wide Range of Cases with a Top Lawsuit Loan Company
The best legal funding companies are in a position to offer lawsuit loans for a wide range of cases, including:
- Auto Accidents: Car accidents, motorcycle accidents, SUV accidents, bicycle accidents, scooter accidents, ridesharing vehicle accidents, semi-truck accidents, and maritime (aka Jones Act) cases.
- Personal Injury: In addition to motor vehicle accidents, the lawsuit loan company would offer funding for pedestrian accidents, slip and fall accidents (premises liability), construction accidents, sexual abuse, nursing home abuse, wrongful arrest and police brutality, and wrongful death cases.
- Medical Malpractice: Medical negligence, pharmaceutical drug negligence, medical device injuries, and surgery funding.
- Product Liability: Product liability lawsuit funding for injuries occurring because of faulty products or defective labeling and usage instructions.
- Labor Law Cases: Workers’ compensation lawsuit funding, and employment cases involving wrongful termination, sexual harassment, or workplace retaliation.
Clients Trust Direct Legal Funding as the Best Lawsuit Loan Company
Direct Legal Funding checks all the boxes when it comes to the attributes of a top lawsuit loan company. We are happy to provide lawsuit loans from $500 to $500,000 with no obligation to repay unless you win a case settlement. You can get the money you need within 24 hours, and you will be charged the most competitive interest rates (possibly as low as just 2%).
You can APPLY NOW using the company’s free online application form. Our specialists will revert as soon as possible and help you receive your much-needed funds. For any questions or to request more information, call us at 866-941-5588 or contact us online.