At the end of the day, the decision on who to borrow money from is yours. We believe your decision should always be well informed.
Certainly, we can tell you what we think of Legal Bay Funding, but we offer a biased viewpoint.
Legal Bay can tell you what the positives about their company are, but they also offer a biased viewpoint.
We and Legal Bay both have an incentive to make Legal Bay appear one way or another to our potential clients. We will never mislead you, but it’s important to understand what we have to gain.
That’s why it is always best to seek out as much information as possible. That way, you can form your own opinion on loan providers like Legal Bay and Ally.
After all, you know what you need regarding your lawsuit loan better than anyone else. To help give you the best information possible on Legal Bay, we collected a few reviews from around the web.
So What Do People Have to Say?
One way to get an insider’s view into a company like Legal Bay is to look and see what neutral third parties have to say about their services.
Neutral third parties will help you look at Legal Bay through an unbiased lens. To make things easier for you, we searched for and compiled a few unbiased reviews of Legal Bay from around the web.
Looking at these should help give you an idea of what you can expect from Legal Bay. If you read through this piece and still aren’t sure what to think, you can always seek out more reviews.
Legal Bay has a stellar 4.8 out of 5 rating on Trustpilot. User Matthew Prior gave Legal Bay a 5 star review saying that Legal Bay “helped out” when they needed them to.
Another 5 star review said that Legal Bay was a “lifesaver." Others say that their account representative at Legal Bay did a great job explaining and helping them understand pre settlement funding.
It is crucial that the lawsuit funding company you decide to work with is as helpful and straightforward as possible. If you don’t trust your representative at a pre settlement funding company, it’s hard to trust the company itself.
Thankfully, Legal Bay appears to fulfill this requirement. From their reviewers on Trustpilot, we can see that Legal Bay is a reliable and trustworthy lender.
Yahoo News had an interesting article about Legal Bay recently. While this one isn’t exactly a review, it helps you get an idea of what Legal Bay’s whole mission is: to help all people with their financial needs.
To that end, Legal Bay isn’t just trying to help litigants. Recently, Legal Bay noticed that many lawyers were struggling with their income due to the COVID-related economic downturn.
Many individuals who would otherwise hire attorneys are reluctant to do so given the financial constraints that COVID has brought. Seeing this, Legal Bay decided to step in. In the last year, Legal Bay expanded their financing business outside of lawsuit loans and into attorney funding.
Now, attorneys can get immediate funding through Legal Bay to ensure that they can weather the financial storm of our recent crises.
There are also some less than ideal reviews of Legal Bay on the internet—in particular, on Facebook. There, Legal Bay has a score of only 2.4 out of 5 stars.
This is hardly the stellar reputation that is shown on Trustpilot. One user, Leikith Cosse, says that they do not recommend Legal Bay.
They claim that the company puts “you through hell before they fund you” and says “If you need cash fast this is not the place . . . .” Another user declined to recommend Legal Bay because Legal Bay was unable to help them in their home state of Tennessee.
For any readers in Tennessee, this is a definite red flag. While there are only seven total ratings on Facebook, an average of 2.4 out of 5 is not a strong showing to start with.
Ally Lawsuit Loans Can Get You the Best Rate Possible
We can give you all the reviews and information we want, but ultimately, we can’t predict Legal Bay’s rates or their customer service.
The only thing we can give you is Ally’s three driving promises:
- Pay nothing if you lose;
- Application turnaround in 24 hours or less; and
- A guaranteed best interest rate in the industry.
Ally Lawsuit loans is the only pre-settlement funding company that brings such a strong guarantee to all our clients.
If you don’t want to read through dozens of potential loan agreements and want to go with an industry-leading lender, Ally Lawsuit Loans has you covered.
You might feel alone in your current legal battle, but you don’t have to be. You have an Ally in Ally Lawsuit Loans, so apply and get started today.