It can take a long time for a lawsuit to be resolved. You may have stacks of bills that need to be paid, but you may not be sure how much longer you will need to wait to get your settlement check. A lawsuit loan is a tool that provides a solution — it allows plaintiffs to get access to immediate funding while their case is still being processed. That being said, getting a lawsuit loan is not right for every plaintiff or for every situation. At Ally Lawsuit Loans, we are committed to offering plaintiffs the lowest interest rate lawsuit loans — guaranteed. We want to make sure that you are able to make the best decision for your own circumstances. No-pressure legal funding is available. Here, our team has put together a list of the pros and cons of applying for pre-settlement funding. What You Need to Know About Lawsuit Settlement Loans Pros: The Top Three Advantages of Obtaining a Lawsuit Loan A Cash Advance Can Tide You Over: First and foremost, the biggest advantage of getting a pre-settlement lawsuit loan is that you can get access to money now. If you are unable to cover your bills or you are in a particularly tight financial situation, a lawsuit cash advance offers an immediate solution. You will get the financial breathing room that you need. Your Attorney May Be Able to Get a Better Settlement: In some cases, a lawsuit loan can actually help plaintiffs obtain a better settlement offer. Without immediate financial pressure to settle your case, your attorney will have more time to build and present a strong, compelling case. Do not let an insurance company pressure you into accepting an unfair, low settlement. You Pay Nothing if You Lose: Finally, you can get no-risk legal funding. At Ally Lawsuit Loans, we offer our clients zero risk cash advances. If they do not win their case, they do not have to pay back the loan. End of story. For example, if you receive a car accident settlement loan from us, and then, for whatever reason, your attorney is unable to settle your case and recover compensation for you, you have no further obligation. You get to keep the money. Cons: Two Potential Disadvantages of Getting Lawsuit Funding There are Financial Costs: The primary drawback of getting a lawsuit loan is pretty simple: it costs money. Legal funding is not free. For this reason, you should never take a larger lawsuit loan than you actually need. You should also be sure to find a pre-settlement loan that offers the lowest fees and interest rate. As explained by Investopedia, the cost of interest will compound over time. You May Not Qualify: Another downside of applying for a loan is that your case may not actually qualify for funding. To get a lawsuit loan approved, there are some requirements that must be satisfied. Our legal lending specialists will work directly with your attorney to determine if you are eligible to receive a pre-settlement cash advance. We understand that it can be frustrating to go through the application process only to be denied in the end. Our team works hard to provide flexible funding solutions for plaintiffs. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we always encourage our clients to request only what they need to pay their bills while they are awaiting their settlement or judgment. You can always come back to us and get a second lawsuit loan. To apply for legal funding, please do not hesitate to contact us today. We look forward to assisting you.
Articles & FAQ
Anyone who has filed a legal claim or a lawsuit already knows that the process can be slow and frustrating. This presents some potential problems for plaintiffs: You may have bills that are due now, but your settlement could still be months away. Legal funding provides a solution. That being said, before you accept a cash advance, you need to know that you are working with the right company and that you are getting the right terms. At Ally Lawsuit Loans, we are proud to offer the lowest cost lawsuit cash advance — guaranteed. We want all current and prospective clients to have the information that they need to protect their financial interests. Here, we highlight the questions you should ask before taking out a lawsuit loan. Lawsuit Cash Advance Loans: Five Questions that You Need to Ask 1. Will I Be Required to Repay the Loan if I Lose My Case? Legal claims always come with some level of risk. There is simply no guarantee that you will win your case or get a settlement until you actually have that check in your hands. One of the first questions that you should ask a legal financing company is whether you will be required to repay the lawsuit cash advance if you lose your case. Plaintiffs can and should find a legal lending company that will offer you a truly risk-free cash advance. At Ally Lawsuit Loans, our clients only pay us back if they win their case. Otherwise, they keep their money and owe nothing. Period. 2. What Rates and Fees Do You Charge? Not all lawsuit lending companies charge the same rates. Before you accept a lawsuit cash advance, please make sure that you understand the fees and interest rates. As the National Endowment for Financial Education (NEFE) explains, higher interest rates are better for the lender — not for the borrower. Be sure that you find the lawsuit loan company that offers you affordable financing. Low rates are available. We will get you the lowest interest rate lawsuit cash advance for your case. 3. Do You Require Monthly Payments? To better understand the arrangement, it is a good idea to ask the lawsuit loan company if monthly payments will be required. The answer should be ‘no’. If monthly payments are required, then you are not actually getting a no risk loan. As a general rule, you should look for a legal lending company that offers the following terms: No application fees;No monthly payments; No hidden fees;No hidden terms or conditions;No repayment until your claim is settled; andNo repayment if you lose your case. The entire point of a lawsuit cash advance is to help plaintiffs get more financial breathing room while their legal claim is still pending. The last thing you need is another monthly payment to worry about. 4. How Will You Determine My Eligibility? Of course, lawsuit loans are not available to everyone. In order to get approved for funding, you must have a viable legal case. When seeking a loan, you should inquire about the company’s specific eligibility standards. As an example, imagine that you suffered a serious injury in a slip and fall accident. You brought a personal injury claim against the negligent business and you are now awaiting settlement. You need to know exactly how the legal financing company will determine your pre-settlement personal injury loan eligibility. 5. What Steps Do I Need to Take to Get Funding? Finally, you should ask about the specific steps in the application process. With some lawsuit financing companies, there are many hoops to jump through. Fortunately, it does not always have to be that way. Transparency is important. It is best to look for a lawsuit loan company that will clearly explain the steps to you and that will work directly with you and your attorney. In general, your attorney will be required to provide some basic documentation before your cash advance will be approved. Apply for Cash Advance Lawsuit Funding Today At Ally Lawsuit Loans, we provide funding to plaintiffs pursuing the full range of legal cases — from personal injury claims and car accident lawsuits to work injury cases and wrongful termination lawsuits. If you are considering seeking a cash advance on lawsuit, we are here to help. You can apply for funding now through our website. Our top-rated customer support team is always standing by, ready to help you navigate the application process.
Serious injuries remain far too common in the United States. The National Highway Traffic Safety Administration (NHTSA) reports that nearly two million Americans are injured in car crashes every year. Many millions more are hurt in other types of accidents. Injured victims need the maximum available compensation to pay their bills and support their loved ones. Unfortunately, going through the legal claims process can be slow and frustrating. The good news is that there are immediate funding options available — with a lawsuit loan, you can get cash now in exchange for a portion of your future settlement. This raises an important question: How do you find the best lawsuit loan companies? At Ally Lawsuit Loans, we are committed to offering the best services in the industry. We want to make sure that you and your family have the full information that you need to shop for a lawsuit loan. Below, you will find a guide that explains the most important things that you need to know about finding the right pre-settlement lawsuit loan. Four Tips to Help You Shop for a Lawsuit Loan It is a sad reality, but there are some unscrupulous companies operating in the legal lending industry. By knowing how to shop for a lawsuit loan, you can avoid these firms and find a legal funding arrangement that is right for you and your family. When shopping for a pre-settlement cash advance, please be sure to keep the following four tips in mind: Understand the Costs: First and foremost, you need to understand the costs of obtaining legal funding. Similar to buying any other product or service, one of the keys to shopping is comparing costs. You do not want to pay more than is actually required. Look for the lowest rate lawsuit loan that you can find for a reputable company. Interests rates matter. The less you pay in interest, the better it will be for your bank account. Keep Your Attorney in the Loop: There are legal regulations in place that will generally prevent your lawyer from offering you a lawsuit loan. However, they can help you with the process of obtaining one. It is always best to keep your lawyer in the loop. When you apply for a loan, your attorney will need to provide some documents and records to the lending company. The faster this information is received, the sooner you will be able to get your funds. Ask About Fees and Terms: Unfortunately, some lawsuit loan companies use hidden fees and confusing terms to take advantage of their clients. When shopping for a lawsuit loan, it is strongly recommended that you ask about application fees, terms, and anything else that you might not fully understand. Knowledge is power. Trust Your Gut: One of the red flags to watch out for include representatives who simply will not give you straight answers to your question. You deserve a company that will always be honest and upfront with its clients. Applying for a lawsuit loan or requesting more detailed information from a lawsuit lending company does not require you to accept the deal. Until you have signed the paperwork, you can always walk away. If you are getting a bad feeling, for whatever reason, it is best to shop for a different pre-settlement funding company. Why Ally Lawsuit Loans is the Best Choice for Legal Funding Shopping for the best legal funding option is important. At the end of the process, we are confident that you will find that Ally Lawsuit Loans is the best choice for pre-settlement funding. Our company is a reliable and trustworthy legal lending firm. We believe in putting the needs and interests of our clients first. You deserve a company that treats you with compassion, honesty, and integrity. Among other things, we promise clients: The lowest rate lawsuit loan funding in the industry — guaranteed;Efficient processing, with money arriving in as little as one day; Clear, concise, and fair terms — no hidden fees, ever; andProfessional and attentive customer support services. We understand that shopping for and applying for lawsuit funding can be stressful, intimidating, and confusing. Ally Lawsuit Loans offers an accommodating, no pressure process to help you get the pre-settlement cash advance that you need. We will answer your questions, address your concerns, and make sure that you find the lawsuit loan that is truly best for your unique financial circumstances. Apply for an Affordable Lawsuit Loan Today At Ally Lawsuit Loans, our legal funding team is proud to be a leader in the industry. We offer the lowest interest rate lawsuit loans to plaintiffs. To apply for legal funding, get in touch with our team today. If you have any questions or concerns about lawsuit loans, our legal funding specialists are standing by, ready to help.
Accidents happen. According to data provided by the California Health Care Foundation, more than five million people visit emergency rooms in the state with ‘unintentional injuries’ every year. When a victim’s injuries are caused by another party, they may be eligible to recover financial compensation through a legal claim. Unfortunately, with complex legal cases, it can take many months or even years for an injured victim to get financial compensation. Legal funding offers a cost-effective solution. You can get money to pay your bills now, while still giving your lawyer time to aggressively pursue maximum compensation through a lawsuit. At Ally Lawsuit Loans, we pride ourselves on providing the lowest cost pre-settlement funding in California. If you or your loved one is considering applying for a lawsuit loan in California, we encourage you to contact our legal funding specialists to learn more about your available options. Lawsuit Loans: California With lawsuit funding in California, plaintiffs can get an immediate cash advance while their case is working its way through the legal claims process. It should be noted that, although pre-settlement funding is often referred to as a ‘loan’, these types of cash advances are not actually ‘loans’ at all. When you apply for legal funding in California, you are agreeing to sell a portion of your future settlement in exchange for payment now. What happens if you lose your case? You keep the money and you owe nothing. Period. At Ally Lawsuit Loans, we offer settlement loans in California that are ‘non-recourse’. There is absolutely no risk in applying for and obtaining legal funding. We will purchase a share of your legal claim — if you lose, then our share of that claim will be zero. As an example, we might give a plaintiff in Southern California a car accident lawsuit loan that is worth ten percent of the value of their case. When the claim is settled, our company will be repaid through the proceeds of that settlement. However, if, for whatever reason, the case is not successful, then our clients keep the money and we cover the losses. Understanding California’s Personal Injury Laws In California, most personal injury claims must be filed within two years of the date of the accident. If plaintiffs fail to comply with this statutory deadline, they may not be able to bring a claim at all. The sooner you initiate your claim, the sooner you can get access to compensation. Most personal injury claims are based on the state’s ‘negligence’ standard. As explained in the Judicial Council of California Civil Jury Instructions, negligence is “the failure to use reasonable care to prevent harm to oneself or to others.” Depending on the specific circumstances, both acting or failing to act could potentially constitute negligence. Ultimately, California’s personal injury laws are complicated. Injured victims should ensure that they get themselves the professional medical care and professional legal guidance that they need. If you suffered a serious injury, it is crucial that you seek representation from an experienced California personal injury attorney. Our lawsuit funding specialists can work directly with your legal representative to get you the pre-settlement cash advance that you need to pay your bills and support your family. Workers’ Comp Claims are Not Eligible for Legal Funding in California In some states, workers’ compensation funding is available. Unfortunately, California is not one of these states. Due to local regulations, our firm cannot offer pre-settlement workers’ compensation funding in California. If you have a question about your ability to qualify for a pre-settlement cash advance in California, please contact us right away. We will get your answers. Do You Need Legal Funding? Apply for a Lawsuit Loan in California Today At Ally Lawsuit Loans, our team is committed to providing plaintiffs with the lowest rate lawsuit loan funding. You can apply for legal funding in California and get approved for a loan in as little as 24 hours. If you have any questions about your case or legal funding in general, please do not hesitate to contact our California lawsuit loan specialists for assistance. We are proud to serve communities throughout the state of California.
If you are going through the legal claims process — whether for a car accident, a workers’ compensation claim, or any other type of personal injury case — you are probably already aware of the fact that settlement rarely comes quickly. Unfortunately, the slow nature of the American legal system can leave plaintiffs in a difficult position: You may need money to pay your bills now, but your settlement might still be months away. A pending lawsuit loan offers a cost-effective solution. At Ally Lawsuit Loans, we are committed to providing exceptional service and the best interest rate lawsuit loans to plaintiffs. If you or your family member is considering applying for legal funding, we want to make sure you have access to all of the information that you need to protect your rights. Here, you will find the best tips for plaintiffs seeking a pending lawsuit loan. Five Tips for Getting the Right Lawsuit Loan Make Sure You Understand the Costs Before accepting a lawsuit loan, it is essential that you understand the full nature of the costs. As explained by Investopedia, the costs associated with a high-interest rate can add up quickly. Make sure you look for a low, fair rate on your loan. Sadly, not all lawsuit lending companies take the time to explain the true costs of their services. At Ally Lawsuit Loans, we offer the most affordable lawsuit loans in the industry — guaranteed. We also make sure that our clients have an in-depth understanding of the cost of getting legal funding. It is Best to Keep Your Lawyer Involved in the Process For plaintiffs, the legal funding process works best when they keep their attorney involved. As an example, if you are considering applying for an auto accident lawsuit loan, make sure you discuss doing so with your car accident lawyer. One of the biggest advantages of getting a lawsuit loan is that it will provide you with the financial breathing room that you need in order to give your attorney the time that they need to maximize your settlement or personal injury verdict. Money Comes Faster When Documents are Well-Organized You may be wondering: How quickly can I get a lawsuit loan? There is no simple answer to this question, as the speed of approval depends on a wide range of different factors. hat being said, in some cases, our legal funding specialist can approve a loan for pending lawsuit in just 24 hours. What do you need to do to speed up the application and approval process — make sure the lawsuit lending company has access to all of the case documents that they need to move forward. The sooner that your attorney can get the required documents, records, and information to the financing company, the sooner money will be in your pocket. You Need a Reliable Lawsuit Funding Company Loans for pending lawsuits are offered by many different firms. Be sure that you are working with the right company. Plaintiffs need a reliable and dependable legal funding firm. Among other things, you should look for a company that offers: Low rates; Clear, concise terms;Transparency; Efficiency; andHelpful customer service. The bottom line: Do not trust your legal funding to just any company — always work with the best in the industry. Do Not Borrow More than You Need When applying for a loan against lawsuit settlement, it is important to remember that you should not borrow more than you actually need to get you through the next few months. Of course, how much financing you should seek will depend entirely on your individual financial circumstances. If you are not sure how much you should apply for, there is nothing wrong with leaning on the conservative side. You can always apply for a second pre-settlement lawsuit loan. If you work with our legal funding specialists, you can take less than the maximum amount you were approved for, and we will be more than happen to provide additional legal funding in the future should you determine that you need more money. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we are committed to providing the lowest cost lawsuit loan funding to plaintiffs. If your bills are piling up and you are awaiting a legal settlement, our team will help you explore your financial options. Apply for a lawsuit loan and get approved in as little as 24 hours. If you have any questions about lawsuit loans, please give our legal funding specialists a call.
Following a major accident, injured victims are often left dealing with stacks of medical bills and missed paychecks. These costs can be enormous — according to data provided by HealthCare.org, the average cost of a three-day hospital stay is approximately $30,000. Through a lawsuit, plaintiffs can recover financial compensation for their damages. Unfortunately, even if you have a very strong case, the legal claims process can be frustratingly slow. This is where a lawsuit funding company can make a difference. At Ally Lawsuit Loans, we pride ourselves on offering clients the best pre-settlement funding services. Our team wants to make sure that plaintiffs have all of the information that they need to best protect their financial interests. Here, we provide an overview of lawsuit lending companies. Lawsuit Funding Companies: Explained With lawsuit funding, plaintiffs “borrow” against a future legal settlement or legal judgment. While this type of funding is frequently referred to by the shorthand “lawsuit loan”, that term is actually a bit of a misnomer. Technically, lawsuit funding companies do not offer loans at all. Quite the contrary, lawsuit funding companies buy a portion of your future settlement in exchange for an immediate cash advance. It is important to distinguish this type of financing arrangement from a loan. A lawsuit funding company can only be paid through a portion of your settlement. If you lose your case, then you get to keep the proceeds of the ‘loan’, and you do not owe anything at all. If you win your case, then the legal funding company will be repaid out of part of your settlement. Settlement loan companies offer plaintiffs a chance to get immediate financial stability and security. In many cases, plaintiffs have a strong legal case, but insurance companies, knowing that they need the money to pay their bills now, will try to drag out the process to get them to agree to a quick, lowball settlement offer. With legal funding, you can give your attorney time to pursue the maximum financial compensation, while also having access to the money that you need to cover your expenses today. Three Qualities to Look For in a Lawsuit Funding Company Affordability As a starting point, it is crucial that you find a lawsuit funding company that offers fair rates. At Ally Lawsuit Loans, we provide plaintiffs with access to the lowest-rate-legal funding — guaranteed. We want to make sure that as much money as possible stays in your pocket. We strongly encourage our clients to take only what they need to pay their bills until their case is settled. Affordable legal funding is our mission. Transparency Unfortunately, there are some unscrupulous lawsuit loan companies operating in the industry. It is not unheard for firms to provide funding that comes with hidden fees or disguised terms. When looking for the right lawsuit lending company, make sure you find one that is fully transparent. Your terms should be clear, concise, and well-explained. Reliability Finally, plaintiffs should always look for a reliable lawsuit lending company. The entire point of a lawsuit loan is to get funding now. Look for a company that can help you navigate the application process and handle your documents in an efficient manner — this way, you will be able to get the full funding that you need to pay your bills, without any undue delay. What Types of Cases are Most Common for Legal Funding Companies Lawsuit lending companies can handle a wide range of different cases. Generally, our team provides funding to plaintiffs who have suffered financial damages and are awaiting a settlement or jury verdict. Specifically, some of the cases that lawsuit loan companies frequently handle include the following: Car accident claims;Truck accident lawsuits;Motorcycle accidents;Bicycle accidents;Pedestrian collisions;Product liability claims;Medical malpractice claims;Slip and fall accidents; Premises liability claims;General personal injury lawsuits; andEmployment & labor law claims. We also provide lawsuit funding for workers’ compensation claims in nearly two dozen states across the country. However, due to state-specific regulations, legal funding cannot be offered for workers’ comp claim in some U.S. states. If you were injured at work and are interested in obtaining lawsuit funding, please check our list of states in which pre-settlement workers’ compensation loans are offered. Get Help From a Lawsuit Funding Company Today At Ally Lawsuit Loans, we are a professional lawsuit funding company that is committed to offering plaintiffs the lowest rates in the industry. Do you need a pre-settlement cash advance? Apply for lawsuit funding and qualify within as little as 24 hours. If you have any specific questions or concerns about lawsuit loans, please do not hesitate to reach out to our legal funding specialists today. We are more than happy to help.
Following a major accident, injured victims deserve full and fair financial compensation. You need to be able to pay your medical bills, cover your day-to-day living expenses, and provide economic support to your family. Unfortunately, even if you have a winning legal case, the personal injury claims process can be frustratingly slow. Your attorney needs time to build a strong case, but your bills are likely already piling up right now. The good news is that with a lawsuit loan, you can get access to a portion of the funds from their settlement today. If you are considering applying, you should know that, with very few exceptions, you cannot obtain a lawsuit loan without an attorney. Further, you also cannot get a lawsuit loan directly through your lawyer. You need a lawyer who can handle your case and a reliable lawsuit lending company who can provide you access to affordable funding. At Ally Lawsuit Loans, our pre-settlement funding specialists will work directly with your lawyer to help you get access to immediate funding at the lowest rate in the industry. You Must Have an Attorney to Get a Lawsuit Loan In order to obtain a pre-settlement personal injury loan, you must be represented by an attorney. Not only is legal representation typically required by lawsuit funding companies, but your attorney will actually be involved in your application to receive legal funding. As a general matter, your attorney must submit some important information about your case to our company for processing. In addition, your attorney will usually need to sign a few documents to get your loan approved. It is worth mentioning that the term ‘lawsuit loan’ is a bit of a misnomer. At Ally Lawsuit Loans, we are not truly lending our clients any money at all. Instead, we give them money today in exchange for a small percentage of their settlement in the future. We do this at no risk to you. In other words, if you lose your case, you do not have to pay us back. Our rates only apply if you actually obtain a settlement. This is why we need to work with your attorney to discuss some of the specific details regarding your case. How to Qualify for a Lawsuit Loan As was mentioned, you will need to start by hiring an attorney. We typically can only offer you a lawsuit loan if you have professional legal representation. From there, your eligibility for pre-settlement funding will depend entirely on the strength and value of your legal case. The stronger your claim, the more likely you are to qualify for a lawsuit loan. Beyond that, the higher the expected value of your case, the more cash we will be able to offer you up front. To be clear, this means that we do not factor in your credit score, your employment history, or your current financial status. At Ally Lawsuit Loans, we will never charge upfront, out-of-pocket fees. In addition, we do not even need to run a credit check at all. Instead, we will work with your personal injury attorney to assess your case and help you find the best available option to get an immediate cash advance on your future settlement offer. Our team will work with you to find the best solution. Why You Should Choose Ally Lawsuit Loans Pre-settlement funding is available to help you when your attorney cannot. Under rules promulgated by the American Bar Association (ABA), personal injury lawyers are not in a position to offer lawsuit loans to their clients. Indeed, they are generally barred from giving their clients money to handle their bills. This is where our company can help. At Ally Lawsuit Loans, we will work directly with your legal representative to ensure that you get access to the money that you need while your case makes its way through the system. We are committed to offering clients: The lowest rate lawsuit loans — guaranteed;An easy, efficient application process; Access to your funds in as little as one day; andFriendly, helpful, 24/7 customer support services. Preparing an application for a lawsuit loan can be confusing, stressful, and even overwhelming. Our team is here to remove the burden and the stress. Regardless of the specific nature of your case, we will work with you to find the best available lawsuit loan funding solution. If you need money now, let us help. Apply for a Lawsuit Loan Today At Ally Lawsuit Loans, we understand that the personal injury claims process is often slow and frustrating. Our lawsuit loan specialists are here to help relieve the financial burden on your family. We will get you the lowest rate structured settlement — guaranteed. To apply for a lawsuit loan now, please contact our team right away.
Pre-settlement lawsuit funding exists to help injured victims pay their bills and support themselves while they are waiting for their settlement check. Unfortunately, in many cases, it can take months or even years for plaintiffs to get a full and fair settlement from defendants or insurance companies. Of course, your bills are not going to wait that long for the claims process. At Ally Lawsuit Loans, we offer the lowest rate of pre-settlement funding for lawsuits. If you already received a pre-settlement loan, you may still be eligible to obtain a second loan or even a third loan. We frequently work with clients who have already received a lawsuit loan from another company. Your eligibility for an additional loan will depend entirely on the estimated value of your settlement and the total amount of your initial loan. We will not deny you simply because you have already received a loan. Your application will be reviewed on its merits. Here, we explain the most important things that you need to know about applying for additional pre-settlement funding. You Can Always Apply for an Additional Pre-Settlement Loan There is no set limit to the number of lawsuit loans you can take out. In fact, plaintiffs frequently take out a second or third loan on their case. This is normal and understandable: it is very difficult to predict exactly how much pre-settlement funding you and your family will need. In some cases, personal injury claims take far longer to settle than was initially anticipated. In other cases, a person’s day-to-day expenses may turn out to be higher than was expected. It could be because their medical bills are higher, because they were forced to miss more time at work than they initially thought, or simply because they ran into some unexpected bills. Regardless, if you took out less than the maximum available loan the first time, you will likely be qualified to obtain additional pre-settlement funding. We Will Determine Your Current Loan Eligibility As a starting point, our pre-settlement funding specialists will calculate your maximum loan eligibility. Of course, you do not have to take the maximum loan. Indeed, we recommend that our clients only take what they need. You can always come back from another loan. At the same time, we also want our clients to know what options they have available. If you have already taken out a previous lawsuit loan, you may still be eligible to obtain additional funding — especially if you took out less than you were offered as a ‘maximum’ loan the first time. We know the lawsuit funding process can be complicated, particularly if you have taken out a previous pre-settlement loan. If you have any questions about the lawsuit lending process or your eligibility, we have put together a guide to pre-settlement funding that addresses many of the most common issues. For specific questions, please contact our customer service team right away. Why You Should Work With Ally Lawsuit Loans If you are considering applying for a second pre-settlement loan, it is essential that you work with the very best lawsuit financing company. At Ally Lawsuit Loans, we are committed to providing the best services in the industry. Sadly, some unscrupulous companies take advantage of plaintiffs — charging hidden fees or disguising terms. You need a company that you can trust. We offer: The lowest rate pre-settlement funding — guaranteed;A clear, fair, understandable application process; Your loan in as little as 24 hours; andThe best customer support services. Applying for pre-settlement lawsuit funding can be a complicated and stressful process — especially if you have already taken out a previous lawsuit loan on the same settlement. No matter the specific nature of your situation, our expert customer support team will walk you through the application process and help you find the best available solution. Apply for a Settlement Loan Today At Ally Lawsuit Loans, we are committed to helping plaintiffs get access to the funds that they need to support themselves and their family throughout the personal injury claims process. Our pre-settlement loan specialists are here to answer all of your most pressing questions. To apply for a pre-settlement lawsuit loan, please do not hesitate to contact us today.
It is no secret that the personal injury claims process can be frustratingly slow. While insurance companies can take months or even years to resolve a claim, the bills can start piling up immediately after an accident. Waiting for a lawsuit settlement check can put a serious burden on an injured victim and their family. At Ally Lawsuit Loans, our team offers immediate funding to help plaintiffs pay their bills. We offer pre-settlement funding interest rates that are the best in the industry — guaranteed. If you are considering applying for pre-settlement funding, you need a company that will provide you and your family with affordable lawsuit financing. We Guarantee the Lowest Interest Rate At Ally Lawsuit Loans, we guarantee the lowest rate settlement funding. How much will the interest rate be? It depends on the specific nature of your case. It is important to remember that we offer no-risk lawsuit funding. If you do not win your case, then our team will not receive payment. We are able to beat other companies by offering interest rates that vary based on the strength of the underlying legal case. In other words, the better your personal injury case, the lower your interest rate. Unlike some other lawsuit financing companies, we are able to keep our pre-settlement funding rates low because we do not take on every case. We fund cases with serious injuries and clear liability. Your interest rate will not be affected by your personal credit history. We do not need to verify your income or employment history. Our company offers affordable lawsuit loans with interest rates that are based solely on the likelihood that you will win your case. Interest Rates Matter — Why You Need to Find the Lowest Rate If you looking for lawsuit funding, you will quickly discover that there is no shortage of companies available. It is essential that you find a trusted legal financing company that can offer reliable and low lawsuit funding rates. Interest rate matter — and you deserve the lowest rate and the best terms. Beware of lawsuit companies that will not tell you what the pre-settlement funding interest rates will be for your specific case. APPLY FOR LAWSUIT FUNDING TODAY Hurry and apply today and get qualified within 24 hours – We offer pre-settlement funding interest rates that are the best in the industry — guaranteed. Apply Now Compound interest can make a huge difference when it comes to calculating the total costs that you will have to pay for funding. As explained by Investopedia, compound interest is interest that calculates on top of other interest. Over time, compound interest can really add up. Not only does Ally Lawsuit Loans offer the lowest rate settlement funding, but we also use clear and concise terms in our agreements. There are no hidden fees and no unfair financing charges. Get Help From Our Lawsuit Funding Specialists At Ally Lawsuit Loans, we offer the lowest lawsuit loan interest rates — guaranteed. You may be able to qualify for a lawsuit loan in less than 24 hours. If you are considering applying for pre-settlement funding, we are here to help. To find out more about what our legal funding specialists can do for you, please call us today.
Your Most Pressing Questions About Pre-Settlement Loans Answered At Ally Lawsuit Loans, we are committed to offering plaintiffs better, faster, and more affordable pre-settlement funding. If you are waiting for your personal injury settlement, your workers’ compensation payments, or the resolution of any other lawsuit, we have immediate funding options available. Here, our lawsuit funding specialists answer some of the frequently asked questions we receive about pre-settlement lawsuit financing. Pre-Settlement Loan Questions Answered Here Will I Be Able to Qualify for Lawsuit Funding? How Long Does it Take to Get Funding? Will My Personal Injury Attorney Be Involved? How Much Funding Will I Receive? What are Your Pre-Settlement Loan Rates? What Happens If I Lose My Case? How Do I Choose a Lawsuit Funding Company? Will I Be Able to Qualify for Lawsuit Funding? Your eligibility for a pre-settlement lawsuit loan will depend on a number of different factors; most notably, the value of your legal case and the likelihood that liability will be established. The more likely you are to win your case, the more likely your lawsuit loan application will be approved. To be clear, your credit score and your personal financial situation do not matter. They will not be considered. Further, our company will not deny settlement funding because of debts that are unrelated to your case or other adverse financial information in your past. Every application for lawsuit funding will be reviewed and assessed on a case-by-case basis. If you were injured in an accident and you are bringing a claim against another party, there is a good chance that you will qualify for some level of pre-settlement funding. Return to top ↑ How Long Does it Take to Get Funding? Our team is committed to helping clients get lawsuit loans as fast as possible. When approved, you will receive your lawsuit funds in as little as 24 hours. How long will it actually take to get approval? The length of time will vary based on several different factors. In general, the most important variable is how long it takes us to get all of the relevant documents and records from your personal injury attorney. The faster your attorney can supply our company with the information that we need, the sooner you will get your pre-settlement lawsuit loan. This means that you can expedite the process by working with your lawyer to get us the information more quickly. Return to top ↑ OUR LOWEST RATES: SETTLEMENT FUNDING Find Out Why Ally Lawsuit Loans Offers the Best Rates in the Industry How much will the interest rate be? It depends on the specific nature of your case. It is important to remember that we offer no-risk lawsuit funding. Click here to read about Ally Lawsuits rates Will My Personal Injury Attorney Be Involved? Yes. Your personal injury lawyer will be directly involved in obtaining this loan. Not only will your lawyer need to submit some key information to our company, but your legal representative will also likely be required to sign a document called an ‘Acknowledgement by Counsel’ form that ensures that you fully understand the terms of the lawsuit funding agreement. We strongly recommend that you consult with your lawyer before signing any agreement with any lawsuit funding company. Return to top ↑ How Much Funding Will I Receive? How much money you will be eligible to receive in pre-settlement funding depends entirely on the severity of your injuries and the strength of your legal case. As a broad rule, settlement funding companies will offer lawsuit funding that is worth somewhere between ten and twenty percent of the value of the underlying case. That being said, regardless of how much you are qualified to receive, we strongly recommend that you only take what you actually need. Lawsuit funding is not free. While Ally Lawsuit Loans offers funding at the lowest interest rate — 100 percent guaranteed — we do not want you to pay any more than is necessary. We simply want you to get the funds that you need to pay your medical bills, cover your living expenses, and support your family while you await your settlement. Return to top ↑ What are Your Pre-Settlement Loan Rates? Pre-settlement lawsuit funding can be complicated. Unfortunately, there are some companies that offer this type of funding at high rates or with hidden fees. We are committed to providing plaintiffs with pre-settlement lawsuit funding at the lowest interest rate. The specific rate will always vary depending on the nature of your case. The stronger the underlying case, the lower the financial risk for our company. We pass those savings on to our clients. That is what separates us from other companies. If you were seriously injured and you have a very strong personal injury case, we can offer you a lower interest rate. Remember, interest rate matters. As noted by the National Endowment for Financial Education (NEFE), compound interest can add up quickly. Return to top ↑ What Happens If I Lose My Case? Unless your case has already been settled and you are simply waiting for the insurance company to process the check — meaning you might need post settlement funding — there is some level of risk involved with bringing a legal claim. If you are considering applying for lawsuit funding, you may be concerned that you will get stuck with the bill if you do not win your case. Do not worry. At Ally Lawsuit Loans, we offer clients risk-free funding. A lawsuit settlement loan is what is known as a non-recourse loan. As explained by the Internal Revenue Service (IRS), a non-recourse debt is one that does not grant the lender the right “to pursue anything other than the collateral.” In other words, when we offer funding, we are purchasing a percentage of your future value your case. If that case turns out not to be worth anything — because the case was lost — then you do not have to pay back anything. […]