What Are Same-Day Pre Settlement Loans?
Getting into a car accident or another kind of injury can be frustrating and difficult to navigate life around. Even though you might be on the path to reaching a settlement to get some compensation, you might have to wait a few months or even years to get the money you are entitled to.
Fortunately, with a pre settlement loan, you don’t have to wait. Get your money now.
What Is a Pre Settlement Loan, and How Can I Get a New One?
Filing a lawsuit and waiting for the money can both be very costly. Even if you have already been awarded the settlement, you might not actually receive any of that money for months after the litigation. While you’re waiting for the money, you might start accumulating medical bills or other expenses that need to be paid.
It can be a stressful time in your life with the bills mounting and not having your settlement money yet. Pre settlement funding happens when the plaintiff is advanced money before a final decision is made.
At Money First Lending, we will advance the money. You will need to supply us with the right documentation, though, including medical records and all information from your attorney. We will want to see what your settlement might be and how much money you have already spent on the injury or at the hospital.
If you win your case, the settlement will come to us to cover the amount you were advanced plus any charges and interest. If the case is not settled in your favor, you usually won’t owe anything. This makes this an exceptionally safe kind of loan.
What Is the Purpose of Pre Settlement Funding?
Pre settlement funding can get you back on track while you’re waiting to receive the actual compensation. It can help you pay for medical expenses and other things you might need while you are waiting on the court case to finalize. It can also ensure you have some money while you are not able to work or help cover lost wages from your accident or injury.
Money First Lending will contact your attorney and set up an appointment to talk with them. Your attorney will then receive an agreement and ask you to sign some documents from us. Make sure the attorney explains everything to you so that you know what you are signing.
Once an agreement has been made, you can get your settlement from us within 24 hours. Having the money will be able to help you get back on your feet and not have to worry about the outcome and timing of your case as much.
Learn More About Pre Settlement Loans Today
To partner with Money First Lending to help you get a pre-settlement loan, call our office at 702-623-3333. You can also fill out the online form below to get in touch with us.