Car Accident Loans
Are you stuck waiting for your car accident settlement? Do you have bills to pay now, with limited resources due to your injuries?
A car accident loan from Money First Funding is a zero-risk solution for people like you with active pending car accident litigation that need cash now. Contact us today for a free consultation—and take your life back.
Pre-Settlement Loans Auto Accidents
The impact of a car accident is devastating. Filing a claim against the responsible party can help you recover financial, physical, and emotional damages, but the process can be anything but fast.
Negotiating a settlement can take months or even years. Winning a jury verdict in court is usually even longer. In the meantime, you’re suffering from an inability to earn money, while medical bills, rent/mortgage payments, and the need to buy essentials like groceries continues.
At Money First Funding, we understand that just because you’ve been injured in a car accident, doesn’t mean life’s demands halt. You need a lift to get you through this difficult time. A car accident loan can help.
Offered on a non-recourse basis, a car accident pre-settlement loan helps you pay for the above essentials with an advance on the expected partial or full sum of your settlement funds.
So, how does it work? There are three easy steps to getting started:
- Contact our office – Simply call us or fill out the online form in a matter of minutes. We’ll need your basic information and a brief description of your case.
- Let us consult your attorney – Next, we talk things over with your attorney. They can clue us in on some of the finer points of your case, and your reasons for seeking an advance on your future car accident settlement.
- Get your funds – If there’s a match, you can expect to receive your funds in as soon as a few hours. It’s that easy.
Why Go with a Car Accident Settlement Loan?
At Money First Funding, we understand the fear, uncertainty, and even desperation that often accompanies the aftermath of an accident.
For too many people, much of it has to do with financial concerns.
That’s where a car accident loan can help. Unlike traditional loans, lawsuit loans are offered on a non-recourse basis—meaning the loan money is yours to keep, even if you should end up losing your case.
Because the funds you get from a car accident loan are taken against the expected value of your future settlement, you can use the money as you see fit, as soon as you get it, for things like:
- Paying bills
- Getting adequate medical care
- Avoiding foreclosure on your home or an eviction from your apartment
- Focusing on your recovery instead of rushing a return to work
Although the lawsuit loan industry is growing rapidly, not every car accident loan company is the same, however. Some sneak unfavorable terms into the fine print of your contract—things like high interest rates and surprise fees.
When you go with a car accident loan from Money First Funding, you not only get access to the crucial funding you need to keep the lights on while your settlement is negotiated—you get the peace of mind that comes with knowing you’re working with compassionate professionals, and not some anonymous loan shark.
Finally, it’s possible that taking out a car accident loan can increase the potential value of your settlement.
With the money you need to pay your immediate bills in hand, you can afford to give your attorney the time they need to negotiate a fair settlement that covers all your damages from the accident—not just some.
Factors for Getting a Loan After Car Accident
When we say a car accident loan poses no-risk to you, we mean it.
If approved, the money is yours to keep. If you win, we take a pre-agreed portio of your settlement. If you fail to recover a settlement for any reason, you keep the money.
Because of the nature of this arrangement, we can’t give a car accident loan to everyone. So, how do we decide?
Unlike traditional loans that draw on things like your credit history and employment status to decide eligibility, a car accident loan officer at Money First Funding only considers the strength of your case when deciding to advance you a car accident loan.
This means things like the nature of your accident, the severity of your injuries, and the potential value of your claim are considered. We never look at your credit score!
Choosing a Car Accident Loan Company
The decision to take out a loan of any kind is deeply personal. Even though a car accident loan offers no risk to you, we still want you to make an informed decision.
At Money First Funding, our founders are a personal injury lawyer and a retired physician—we understand what it means to work with injured car accident victims on a personal and professional level.
After witnessing too many suboptimal outcomes in the legal loan space, we created Money First Funding to encourage responsible lending and make an impact in our community.
We know you have options, but here’s why we feel you should go with us for your car accident loan:
- No hidden fees – We charge zero interest, instead choosing to opt for an easy-to-understand annual fee that we communicate clearly throughout our contract. With Money First Funding, there are no surprises.
- Industry knowledge – Our professional background gives us a depth of experience in the legal and medical fields that the competition lacks.
- Fast turnaround – Once approved, you can expect to receive your funds within twenty-four hours. Use the money when you need, as you see fit.
Car Accident Settlement Loans FAQ
When you go with Money First Funding for your car accident loan needs, you get access to our dedicated personnel to walk you through any sort of questions you might have.
To help you get started, we compiled a list of some common questions:
Is a car accident loan like a traditional loan?
In reality, a car accident loan from Money First Funding is more like a cash advance on your future settlement. If approved, you get access to the money you expect to receive later, but right now, when you need.
Is there really zero risk?
The only collateral you have in a car accident loan is the value of your potential future settlement. If you lose your case, you won’t fall into debt or have your house repossessed. In that sense, Money First Funding’s options differ from traditional loan options.
How much money can I ask for?
We encourage our clients to ask for the money they feel they need to get through this difficult time. In terms of technical limits, we are currently able to offer up to $500,000 in pre-settlement funding.
Contact Money First Funding Today
After your accident, don’t feel you have to decide between paying your bills and putting food on the table. At Money First Funding, we help you gain access to your settlement now, when you need it.
Get started with a free consultation today—call us at 702-623-3333 or fill out the form below to get started.