Is a Lawsuit Loan Actually a Loan?

It's Not Technically A Loan

No. What we offer is a non-recourse cash advance against your potential lawsuit settlement.

Non-recourse means that if you "lose" your lawsuit, and you don't get a settlement, you have no obligation to repay us. This is the key difference between what we offer and what is traditionally thought of as a loan.

Because repayment is not required if you lose your case, a non-recourse lawsuit loan is typically considered by our clients to be far more appealing than a loan.

So, What Is A Lawsuit Loan?

We use the language "lawsuit loan" – as do most all companies like ours – because a non-recourse cash advance is a relatively new type of financing that not many people are familiar with.

We know from market research that when folks are looking for what we offer – a cash advance on a pending lawsuit settlement – they most often think of it as a loan, and so that's what they search for.

We want to make sure that these folks can find what they are looking for, which is why we often refer to what we provide as "lawsuit loans".

Have more questions about what we do? Don't hesitate to reach out.

 Get Pre-Settlement Funding Today!

No credit check. Fast approval. Lowest rate.

Apply with Ally Lawsuit Loans

Looking for a lawsuit loan company that can get you access to your settlement funds faster? Let Ally Lawsuit Loans help you with your legal funding.

We know it can take a while to get your settlement check. We offer financial assistance while your lawsuit is pending.

Here are some things you should know about Ally Lawsuit Loans:

  • We offer the lowest rate guarantee in the industry; 
  • You pay nothing back if you lose your case; and 
  • You can qualify for a lawsuit loan within 24 hours.

To find out more about getting a lawsuit loan or to start your application, contact Ally Lawsuit Loans.

Can I Get Money from My Settlement Early?

| Read Time: 4 minutes

Pursuing a personal injury claim can be time-consuming. You may be waiting to reach an agreement via settlement negotiations. Or your case may be going to trial. If you have a pending case in litigation, it could take a year or more before it resolves and you see any financial compensation. Understandably, many injured victims want to know if...

Read More

3M Defective Earplugs Lawsuit Loans

| Read Time: 4 minutes

3M has supplied the United States military with earplugs for decades. As it turns out, many of those earplugs were defective. Because they were defective, countless veterans suffered hearing loss and tinnitus after using them around weaponry. Over the years, more than 230,000 servicemen and women used the earplugs. While 3M stopped sales of the earplugs in 2015 and...

Read More

How Many Pre-Settlement Loans Can I Get?

| Read Time: 3 minutes

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...

Read More