Are Pre Settlement Loans Safe?
Pre settlement loans are a great option for getting your hands on much needed cash while your pending settlement is negotiated. At Money First Funding, we’re proud to offer industry-leading pre settlement loaning solutions for personal litigants like you.
Not every pre settlement loan company is the same, however. Wondering if pre-settlement loans are safe? Read on to find out some important considerations.
Are Pre Settlement Loans Safe?
Pre settlement funding is a booming industry that can offer distinct advantages to people with active pending litigation that need cash now.
For the majority of people with pending settlements, pre settlement loans are safer than other forms of lending.
One of the key distinctions between a pre settlement loan and a regular loan is the former are offered on a non-recourse basis.
What does that mean? In summary:
- Pre settlement loans are only secured by the expected value of your lawsuit.
- If you lose, you can’t be made responsible to return the money or have your assets seized.
- Lawsuit loans companies pass over things like credit score when reviewing your application.
Instead of looking at your financial history, a pre settlement loan company will generally opt for carefully reviewing the chances your case has for success.
However, not all lawsuit loan companies follow the same standards.
We founded Money First Funding after seeing some horror stories. Our goal? Improve the lawsuit lending industry with our example.
That’s why we promote smart and safe lending with:
- An emphasis on over-communication
- Easy to understand contractual terms
- Zero risk, zero interest pre settlement loans
How Pre Settlement Loans with Money First Funding Works
Getting set up with a safe pre settlement loan with Money First Funding has never been easier.
All it takes are three easy steps:
- Contact us – Set up a call, or use the form to send us some basic information about yourself or your claim.
- We talk things through with your lawyer – This part helps us better understand the details of your case.
- Approved? Get your money fast – We’re talking money in your bank account in a matter of hours. Safe, smart lending has never been so simple.
Once approved, the money is yours to use as you see fit: on medical bills, medicine, or groceries. And the best part is it’s totally risk free.
Contact Money First Funding Today
When you need cash now, don’t wait—contact Money First Funding to learn about your safe, risk-free pre settlement loan options.
Call 702-623-3333 or fill out the form below to get started.