A typical car crash can leave you with severe side effects medical, emotional, and financial. Many victims of car crashes are left with minor injuries that inhibit their ability to work or no longer have the means of transportation necessary to carry out daily errands. However, a car accident cash advance can help relieve financial stress.
What Is a Car Accident Settlement Loan?
A car accident loan is a cash advance given before the settlement of the injury claim, providing the plaintiff with upfront money to cover immediate costs. This money allows them to continue on with their life while their case is still being reviewed in court.
The cash received is a cash advance on a portion of the expected car accident settlement money. This money is then repaid to the loaner when the case is settled. If the plaintiff does not win the case, no payment is required.
The Settlement Process
The length of the settlement process varies for each case, but there is a general pattern when filing a claim: insurance companies typically make low offer within a matter of weeks or months after the accident. Many plaintiffs do not want to accept such low offers.
The majority of plaintiffs hire a lawyer and fight for a larger settlement. Before reviewing the case, the insurance company will ask to see all medical bills and medical records to determine what the injury was, if you will have residual problems from it, and what future treatments you might need.
While the plaintiff waits for their case to be reviewed and settled, they are often left paying lawyer fees and other expenses. During this time, car accident loans provide cash upfront so plaintiffs can continue their day-to-day activities without financial pressures.
Who Qualifies for a Car Accident Loan?
If you have been involved in a car accident and suffer from any of the following symptoms you are likely to qualify for an advance on your auto accident settlement:
- Soft Tissue Injuries
- Scrapes and Cuts
- Head Injuries
- Chest Injuries
- Arm and Leg Injuries
- Back Injuries
- Neck Injuries
How to Get Auto Accident Loans
Applying and receiving an auto accident loan is simple. If you have been involved in an accident and suffer from any of the above symptoms you are likely to qualify.
After you call or apply, our case managers will contact your attorney to see how much funding you qualify for.
We can then deposit the money into your account within 24 hours! It really is that easy, try it today.
Our specialized case managers here at Plaintiff Relief are here to assist you with any questions you may have over the process of receiving your accident loan. Your loan amount may vary due to severity and the jurisdiction of your case. We do our best to get you the lowest interest rate and the largest sum of money possible.