Quick Lawsuit Loans Help Plaintiffs with Fast Cash
Lawsuits can take many months to several years to finally resolve. During this time, many plaintiffs are forced to accept low-ball settlement offers due to personal financial difficulties. Because you shouldn’t have to accept less than you deserve, fast settlement funding gives much needed support, exactly when you need it. If you are a plaintiff in a lawsuit and are struggling to make ends meet while you wait for a settlement – fast lawsuit loans can help!
Fair Rate Funding provides fast loans so you can keep your “head above water” while your case is litigated. With fast legal funding, you give your attorney(s) the time they need to navigate the legal process and get the maximum amount of compensation for you!
What is a Lawsuit Loan?
Lawsuit loans are financial deals where lawsuit lenders advance money to plaintiffs prior to settlement. In return, plaintiffs pledge a portion of the future settlement to the lender. The lawsuit loan repayment depends upon the duration of the case and the lawsuit loan rates charged by the company.
Settlement loans were conceived to enable plaintiffs to endure a long, drawn out legal process. For example, many personal injury plaintiffs are unable to work as they did prior to the accident – with insurances and other benefits falling short of the amount needed every month to pay for basic living expenses.
Truth be told, most lawsuit loans are fast lawsuit loans. We understand your needs are immediate. We strive to get money into your hands in as little time as possible.
What Problems Do Fast Lawsuit Loans Solve?
Lawsuit funding bridges the gap between an accident and recovery of damages. Settlement loans enable plaintiffs to survive lengthy litigation battles and receive the compensation their situation deserves. These transactions give plaintiffs access to future compensation so they can pay expenses while waiting for the case to resolve. Fast lawsuit loans do all of the above. They simply do it faster.
How Lawsuit Loans Work
The legal system is designed to resolve disputes between parties. Overall, it is a fair system where parties seek redress. There are limitations however. One such limitation is the time it takes between filing a lawsuit and receiving compensation.
Some parties benefit from this time lag. For example, personal injury defendants are usually represented by large insurance companies. Drivers pay premiums to insurers and insurers protect their interests (in theory at least).
One way to protect the insured is to vigorously defend lawsuits in court. At this point, it is simply a feature of the legal process that lawsuits take time – many years in fact.
How Fast Settlement Funding is Used
In response, lawsuit loans help litigants wait out the process until justice is served. Fast lawsuit loans assign a portion of the future settlement to a lawsuit lender. The lender then advances cash to the plaintiff. The much needed cash can be used in any way the plaintiff sees fit. Most use fast lawsuit loan money to pay for:
- Medical bills
- Medical treatment
- Housing payments (mortgage or rent)
- Daily essentials (gas, food, bourbon, etc.)
Unfortunately, some plaintiffs do not have the resources to deal with their condition(s) while still keeping up with their regular obligations. For this reason, Fair Rate Funding provides fast lawsuit loans so plaintiffs can ease financial stress while their attorneys fight for justice.
If You Have Any Questions, Call 888-964-2224
What is the Lawsuit Loan Process?
- You Apply – apply here or give us a call at 888-964-2224. A representative will go over your funding options and guide you through the process.
- We Investigate and Communicate – during the application process, you provide us with your attorney’s contact information. With your permission, we contact their office and request important documents regarding your case. Once reviewed, we contact your attorney to discuss your file.
- You Receive Part of Your Settlement in Advance – when you’re approved, we forward a contract for your signature. Once returned, we send you your money via overnight courier or electronic bank transfer.
How are Fast Lawsuit Loans Different from Traditional Loans?
Traditional loans imply repayment at some point in the future. Interest is usually charged on the principal and periodic payments are made to keep the financial vehicle from defaulting.
While you can refer to fast lawsuit loans as “loans”, you should understand that lawsuit funding is an advance on your case. This means that only your lawsuit is used to repay the advance. This also means that if you should somehow fail to get a settlement, you are not personally responsible for repayment. That is, if you lose, you owe us nothing! For these reasons, lawsuit loans are considered “non-recourse” funding.
Am I Eligible for a Fast Pre-Settlement Loan?
If you are 18 years old, a plaintiff in a civil claim/lawsuit, and have an attorney, you can apply for fast lawsuit loans with Fair Rate Funding. You’ll likely qualify as well, since we’ve been providing settlement funding in the United States since 2007. We offer fast legal funding in a wide array of cases, including:
- Animal & Dog Bites
- Amusement Park Accidents
- Automobile Accidents
- Asbestos Cases
- Aviation Accidents
- Bicycle Accidents
- Boating Accidents
- Bus Accidents
- Construction Accidents
- Defective Products
- Maritime cases
- Medical Malpractice
- Motorcycle Accidents
- Motor Vehicle Accidents
- Nursing Home Negligence
- Pedestrian Accidents
- Premises Liability
- and others . . .
If you have a lawsuit, an attorney and need financial support, you are eligible to apply for fast lawsuit loans as a possible solution. To get started, simply contact us or give us a call. We are here to help and are at your service.
Thank you for your interest in the most common lawsuit loans and Fair Rate Funding.
How Are Settlement Funding Loans Repaid?
If you recall, traditional loans require period payments to prevent default. With fast lawsuit loans, there are no payments until the final resolution of your case. You use the money as you see fit. If and when the case is successful, your attorney will repay the advance pursuant to the lawsuit funding contract. It’s that simple!
We know you have a choice of lawsuit settlement funding companies and are happy to assist you in your time of need. If you have any questions at all, contact us or give us a call TOLL FREE at 888-964-2224. We are here to help!
Fair Rate Funding is one of the best-rated lawsuit loan companies in the nation. Best of all, finding out if we can help is ABSOLUTELY FREE!
Thank you for your interest in fast lawsuit loans and Fair Rate Funding, an industry leader in the lawsuit funding business.