Cherokee Funding | Reviews From Around the Web

Cherokee Funding: Reviews from Around the Web

Founded in Atlanta in 2011, Cherokee Funding provides plaintiffs with lawsuit funding. Cherokee Funding operates by providing plaintiffs with settlement advances to pay living expenses while awaiting a lawsuit settlement. 

How Cherokee Funding Works

After a plaintiff applies for a settlement advance with Cherokee Funding, the company reviews the case. Cherokee Funding contacts the plaintiff’s attorneys and reviews documentation before determining if the plaintiff is eligible for a lawsuit advance.

Cherokee Funding advertises that they fund the following types of lawsuits:

  • Accidents
  • General, Construction, and Premise Negligence
  • Medical Malpractice
  • Product Liability
  • Wrongful Death

The company indicates that “same day funding” applicants can receive between $500-$50,000 by the next day. Cherokee states that they fund up to 10-15% of a case’s settlement value. 

Cherokee Funding Pricing

Cherokee advertises no up-front fees to apply for a lawsuit cash advance. Plaintiffs repay the settlement advance, plus fees, once they receive a settlement. However, if a plaintiff loses their case, the plaintiff does not have to repay Cherokee Funding.

Cherokee Funding advertises that their goal is to provide legal funding “at the lowest cost possible.” The company also lists transparency as a core value. However, the company website does not disclose the interest rates or fees charged to clients. 

Cherokee Funding indicates that the client contract discloses fees and a repayment schedule. On the FAQ section of their website, Cherokee Funding indicates that they do not have consistent rates: “Our rates change from time to time so please make sure to ask at the time of application.”

Benefits of Using Cherokee Funding

Cherokee Funding promises the lowest rates in the industry. They claim to be 100% transparent and to hold membership in the watchdog American Legal Finance Association (ALFA).

Cherokee Funding lists these values:

  • Teamwork
  • Helping those in need
  • No finger-pointing
  • Transparency
  • Going the extra mile 

The company indicates that some clients have achieved higher settlement offers by taking a lawsuit cash advance. The advance apparently gave those clients financial stability that enabled them to wait for a larger settlement. Applying for a Cherokee Funding settlement advance, like settlement advances from other lawsuit funding companies, should reduce financial stress for plaintiffs waiting for cases to settle.

Disadvantages of Using Cherokee Funding

Former clients sued Cherokee Funding in 2017 in Ruth v. Cherokee Funding. One client claimed that Cherokee Funding advanced him less than $10,000 but demanded repayment of $84,000.

Based on this lawsuit, applicants should carefully review interest rates and fees before signing with Cherokee Funding. Applicants should consider repayment terms and whether fees seem excessive.

Cherokee Funding may prove a helpful source of cash flow while waiting out a lawsuit. However, clients might owe much more money than they originally borrowed due to interest and fees. The money owed could use much of the plaintiff’s settlement.

Positive Cherokee Funding Reviews

“Real friendly and helpful. I was new to the process and they walked me thru how it worked. Got my money the next day!” 

--Tyler Stevens, 5-star Google review

“Great and fast service!! I recommend them to anyone.” 

--Teresa Evans, 5-star Google review

“Extremely helpful in my time of need. Wouldn’t even let me off the phone until they were sure that I completely understood the process and felt 100% comfortable moving forward. And the process was super quick. 24 hours later they called to tell me I was approved. They are awesome and have my highest recommendation.”

--Pandora Swint, 5-star Trustpilot review

“When I needed it they came through. I wish the fees were not so high but I appreciate them nonetheless.”

--Talib Shabazz, 5-star review on Trustpilot

Negative Cherokee Funding Reviews

“Run Don’t Walk Bad Management.”

--Former Employee Administration in Atlanta, GA, Glassdoor review

“Didn’t get my check on time don’t know where my checks it not really happy”

--Damon Locke, 1-star Trustpilot review

“Horrible experience. Customer service was off and on almost depending on who you talked to. I made the calls and my loan stayed in underwriting over a week with no explanation. Waist of time!!”

--SB, 1-star review on Trustpilot

“Worse experience ever the company policy must be to tell lies because that's all I heard web states same day and a week later they came thru totally discussed with the service I received” 

--Shy Shy, 1-star Google review

“In the event you're waiting for a settlement and need funds, DO NOT use this company to acquire assistance unless you absolutely cannot find help otherwise. The amount of interest these people charge should be illegal. For a $500 loan, you could end up paying almost $1500 in a little over a year's time.”

--Bree Johnson, 1-star review on Google

Get a Lawsuit Funding Quote Today

If you need cash while you wait for your lawsuit settlement, contact Ally Lawsuit Loans. We offer the lowest rate guarantee and will let you know if you qualify within 24 hours. If you lose your lawsuit, you owe Ally Lawsuit Loans nothing. Lawsuits are stressful, but Ally Lawsuit Loans can help.

Apply today, and reduce your financial stress while you wait to settle.

Lawsuit Loans in Phoenix, Arizona

| Read Time: 3 minutes

Are your bills starting to pile up while you wait for a personal injury settlement? Do you feel like the insurance company is trying to wear you down so that you’ll accept a lower settlement than you deserve? Unfortunately, this situation is all too common. Personal injury settlements can take a long time in Arizona, but you don’t have to live with the financial uncertainty brought on by this timeline. Ally Lawsuit Loans offers lawsuit loans in Arizona, so you can pay your bills and live comfortably while awaiting your settlement. Laws and Regulations Concerning Presettlement Funding in Arizona Different laws apply to your lawsuit depending on the circumstances surrounding your injuries. If you were injured in a car accident, it is important to discuss Arizona’s minimum insurance policy limits and fault laws. If you were injured while on the job, you’ll need to talk to your attorney about workers’ compensation. Below is some basic information about Arizona’s personal injury laws and regulations, and how they apply to your lawsuit loan in Arizona. Fault Laws Arizona follows a pure comparative fault model, meaning an injured party can almost always recover damages, even if they were partially at fault in the accident. However, your settlement may be reduced by the percentage you are determined to be at fault. This law applies to car crashes and other accidents that cause injuries in Arizona. Ally Lawsuit Loans is able to keep interest rates low and offer our clients the money they need by only approving loans on lawsuits with clear liability and serious injuries. Your chances of being approved for a loan with us are better if you are able to prove your lack of fault in your accident. Statute of Limitations The statute of limitations to file an insurance claim on a personal injury suit in Arizona is two years. More often than not, this means that the plaintiff is no longer eligible to file a settlement claim after two years post-accident. This timeline might be adjusted if a hidden injury, which is undeniably attributable to the accident, is found. In this case, the two-year limitation begins on the date of diagnosis.  You must be working with an attorney on your lawsuit before you can apply for a lawsuit loan in Arizona with Ally. It is important to file your claim within the statute of limitations period so you can apply for presettlement funding when you need it most.  Insurance Information Each state has insurance minimum policy limits. You should discuss your anticipated claims with your attorney, as you might be dealing directly with the defendant if your claim exceeds any of Arizona’s minimum policy limits, including: $15,000 bodily injury liability per person; $30,000 bodily injury liability per accident; and$10,000 property damage liability per accident. Understanding these insurance limits is helpful when filing your personal injury lawsuit in Arizona. Cases Ally Can Provide Funding For Ally provides plaintiffs in a variety of lawsuit types with presettlement funding in Arizona. These lawsuit cases include: Personal injury,Car accidents,Assault and battery,Hit and runs,Medical malpractice,Product liability,Unpaid overtime,Wrongful termination, and Workers’ compensation. If you are not sure if your case type is eligible for an Arizona lawsuit loan with Ally, contact our expert customer service representatives at 844-760-0244. How to Get Quickly Qualified  The Arizona lawsuit loan application process at Ally is straightforward and transparent. You will provide us with some basic information about your lawsuit and give us the contact information for your attorney. We will take over the application process from there and discuss your case in detail with your lawyer. Our team will determine if you are eligible for a loan with us, and we will let you know in as little as 24 hours. Once you are approved for a loan with us, we can send you a check, deposit money straight into your bank account, or even use Western Union.  We have offered our clients anywhere from $500 to $750,000 in presettlement funding, but we recommend you take only the money that you need. There is no limit to how many lawsuit loans you can take out in Arizona, so you can apply for another one if you need it later.  All of Ally’s advance loans on personal injury settlements are non-recourse, meaning that you don’t pay us back for your loan unless you win your settlement.  Contact us to get started on your application. Why Choose Ally Lawsuit Loans? Filing a lawsuit is difficult enough without the burden of financial stress. Ally Lawsuit Loans takes the complications out of legal funding by providing non-recourse cash advances for personal injury lawsuits in Arizona. You can be approved for a loan in as little as 24 hours, and you are free to use the money however best suits you. Once you receive your settlement, Ally Lawsuit Loans will take a percentage of the cash to repay your loan. Our interest rates vary based on your case details, but we can guarantee that the rate will be the lowest in the industry.  The bottom line: we provide financial security when you need it most. Contact our customer service experts to discuss your case and start your lawsuit loan application today.

Read More

Police Brutality Lawsuit Funding

| Read Time: 3 minutes

The news is full of police brutality reports. Regardless of the reasoning behind a police officer’s decision to abuse their power, police brutality victims often have grounds to file a lawsuit.  Police departments tend to draw these out unnecessarily; they don’t want to admit fault by agreeing to a settlement. This process can be frustrating and extremely costly for the plaintiffs involved in police brutality lawsuits. Ally Lawsuit Loans can help. If you are in the middle of a police brutality lawsuit that is draining your bank account, you might be eligible for a cash advance on your police brutality lawsuit settlement.  How Long Will it Take to Settle? Unfortunately, police brutality cases can take years to settle. This is partly because most police departments are self-insured, meaning they have large amounts of money to fund police brutality lawsuits. This increases the time it takes to settle a police brutality case, and often the plaintiff cannot outlast the department financially. After all, plaintiffs are regular people with everyday bills to pay; they can’t devote their entire paycheck to fighting for a police brutality settlement. That’s where Ally Lawsuit Loans comes in. We offer non-recourse cash advances on your police brutality lawsuit settlement. We have approved loans as low as $500 and as high as $750,000. You can also apply for a second or even third loan if your lawsuit continues to drag out. Ally Lawsuit Loans is committed to helping you remain financially stable so you can focus on winning the settlement you deserve. How Much is My Police Brutality Case Worth? The dollar amount attached to a police brutality lawsuit settlement depends on each case’s unique circumstances. Some of the factors considered in a police brutality settlement are: Injuries sustained by the plaintiff: were you physically injured, emotionally injured, or both?Evidence: did witnesses give statements? Did someone take a video or pictures of the incident? Does the police report confirm your account of what happened?Aggravation: did the plaintiff do something to provoke the police officer further?Misconduct: was the plaintiff doing something illegal?Motive: was the police officer’s assault prompted by racial or gendered prejudices? These factors also determine your eligibility for an advance loan on your settlement. We will analyze your case details when reviewing your application and determining how much money we can lend you. Once your case is settled, we will take a part of the funds to repay the loan. All our loans are non-recourse, meaning that you owe us nothing if you don’t win your police brutality settlement. How to Begin the Loan Application Process Ally Lawsuit Loans’ application process is transparent and quick. Simply fill out the application on our website and provide your attorney’s contact information. We will determine your eligibility for a police brutality settlement loan in as little as 24 hours.  Because of each police brutality case’s unique nature, it is helpful to provide the following information when applying for a loan with us: Evidence proving your innocence (photos, videos, statements, police reports, etc.);The official complaint from your lawsuit;Medical records, if you sustained injuries; andInsurance information. If you have questions about our application process or are unsure if your case qualifies for a loan, call our expert customer service team at 844-572-2966.  How Ally Can Help The last thing you need to worry about when fighting a police brutality lawsuit is money. Ally Lawsuit Loans can help you shoulder this burden with a non-recourse cash advance on your police brutality lawsuit settlement. Our loans are risk-free, meaning you owe us nothing if you don’t win your settlement case. Our customer service team is committed to providing an excellent experience for our clients, and we guarantee the lowest possible interest rates in the industry.  Contact us today to get started on your advance loan on your police brutality settlement. 

Read More

Personal Injury Lawsuit Loans in Michigan

| Read Time: 3 minutes

You are likely working with an attorney to file a lawsuit if someone else caused you to sustain injuries in an accident. With personal injury lawsuits come challenges, including financial uncertainty. If you find yourself struggling financially amid a personal injury lawsuit, you should consider applying for a Michigan lawsuit loan.  Michigan Car Accident Statistics Fatal car crashes in Michigan are decreasing; the Michigan State Patrol reported less than 1,000 car accident fatalities in both 2018 and 2017. However, in 2018, there were 312,798 total car crashes in Michigan, resulting in 75,838 injured individuals. Further, 60% of these crashes involved more than one vehicle.  When multiple people are involved in an accident, it can take some time to prove an at-fault party through a lawsuit. Meanwhile, victims might incur medical expenses and be unable to work due to their injuries. This makes paying monthly bills difficult. Ally Lawsuit Loans is ready to help should you find yourself in this position because we can approve a pre-lawsuit loan in as little as 24 hours. Legal Funding Cheat Sheet The loans offered by Ally Lawsuit Loans are actually not loans at all. They are non-recourse cash advances, meaning that you don’t pay us back unless you win your lawsuit. For this reason, your eligibility for a Michigan lawsuit loan depends entirely on merit. We don’t do a credit check, but instead, analyze your case details provided by you and your attorney.  Lawsuit Laws and Regulations in Michigan If you were injured in a car accident, remember that Michigan operates under a modified comparative fault system. Under this system, the percentage that one is at fault is considered in personal injury lawsuits. As long as the injured plaintiff is at less than 50% fault in the accident, they can collect damages from the at-fault parties. It is essential to discuss your responsibility in your accident with your attorney before applying for a pre-settlement loan, as this can determine your eligibility for a loan.  Minimum insurance policy limits are also worth discussing with your attorney. In Michigan, the minimum insurance policy limits include: $20,000 in bodily injury liability per person;$40,000 in bodily injury liability per accident;$10,000 in property damage liability per accident; and$1 million in property protection. The statute of limitations on personal injury claims in Michigan is three years, meaning that you typically must file a lawsuit within three years of the accident. However, when an injury is not diagnosed until later and can undeniably be attributed to the accident, the filing period may begin on your diagnosis date. How to Get Qualified The Michigan lawsuit loan application process at Ally Lawsuit Loans is straightforward and transparent. Begin the process by filling out the application on our website and providing us with some basic information about your lawsuit and your attorney’s contact details;We then contact your attorney to discuss your case in greater detail; andWe will determine your eligibility for a loan in as little as 24 hours, and we will send you your money. We can send you a check, deposit the money via a wire transfer, or even use Western Union. Contact us to get started on your application. Why Choose Ally Lawsuit Loans? Filing a lawsuit is difficult enough without the burden of financial stress. Ally Lawsuit Loans takes the complications out of legal funding by providing non-recourse cash advances for personal injury lawsuits in Michigan. You can be approved for a loan in as little as 24 hours, and you are free to use the money however best suits you. Once you receive your settlement, Ally Lawsuit Loans will take a percentage of the cash to repay your loan. Our interest rates vary based on your case details, but we can guarantee that the rate will be the lowest in the industry.  The bottom line: we provide financial security when you need it most. Contact our customer service experts to discuss your case and start your lawsuit loan application today.

Read More