Oasis Financial: Is it Legit? (Recommended)

Oasis Financial, LLC was founded in 1996 by attorneys who wanted to find a financial solution for their clients struggling to pay bills and making ends meet during their lawsuits.

How Oasis Financial Works

Oasis Legal Funding

Oasis aims to provide financial assistance via pre-settlement funding while the case is being handled, which is a good option for people who need extra cash to get the bills paid.

The funding amount is based on the estimated settlement once the case has been closed, and is non-recourse: meaning the client only pays Oasis Legal Finance, LLC back if they win their case.

How Ally Lawsuit Loans and Oasis Financial Compare

When looking for legal funding, you should compare all of your options. Here are some of the ways that Ally Lawsuit Loans compares to Oasis Financial.

Ally Lawsuit Loans Guarantees the Lowest Rate in the Industry

For most lawsuit fundig companies, the interest rate depends on the nature of your case. At Ally Lawsuit Loans, we guarantee the lowest interest rate in the industry.

Both Companies Offer Risk-Free Settlement Funding

Both companies offer risk-free funding for lawsuits. This means that if you don’t win your case, then you do not have to pay back the funding amount. 

How Long Does it Take for the Companies to Approve Applications?

Oasis Financial estimates two full business days to review funding applications. However, they also state that approval for funding varies based on the type of case. Ally Lawsuit Loans approves most funding within 24 hours.

Neither Company Performs a Credit Check on Applicants

Both Ally Lawsuit Loans and Oasis Financial ignore the credit history of clients applying for lawsuit funding.

What’s the Average Lawsuit Funding Amount?

Ally Lawsuit Loans provides lawsuit funding anywhere between $500 and $750,000, depending on the case value. As a standard, Oasis Financial only offers funding between $500 and $100,000 in most cases.

A pre-settlement fund is when a client receives part of their own settlement upfront and is repaid with the settlement the client receives at the closing of their case.

To get a lawsuit cash advance from Oasis Financial, plaintiffs apply on an online form. Oasis Financial reviews the case and contacts the plaintiff’s attorney for more information. After this review, Oasis determines whether to offer the plaintiff a settlement cash advance.

Oasis Financial Pricing

Customers do not pay an application fee to apply for a settlement cash advance from Oasis Financial, and the company requires no upfront charges. Oasis offers cash advances ranging from $500 to $100,000. Plaintiffs with higher settlement potential (as determined when Oasis Financial reviews each case) are eligible for more money in an Oasis advance. Cash advances are typically between 5-10% of the final settlement.

Oasis Financial handles multiple types of cases, including auto accidents, road traffic injuries, workers’ comp, workplace negligence, and others.

The company advertises that they will deliver funds to an applicant’s account within 24 hours, once Oasis Financial reviews and approves the lawsuit cash advance. However, this promise includes the disclaimer “as permitted by your state laws,” indicating the lender may not deliver cash that quickly in all states.

Benefits of Using Oasis Financial

Oasis Financial claims that it is the “largest and most recognized national brand in legal finance.”

The plaintiffs in extended personal injury litigation may find Oasis Financial’s cash advances helpful. While plaintiffs wait for their case to settle, their medical bills pile up. Many plaintiffs may be unable to work, putting them in a financially compromised position.

Oasis Financial steps in to fill that cash gap, claiming to be a “financial lifeline” for struggling personal injury plaintiffs. With a cash advance from Oasis or other lawsuit settlement advance lenders, plaintiffs access their award before their case settles.

Oasis claims that plaintiffs who lose their cases are not obligated to repay their lawsuit cash advance.

Disadvantages to Using Oasis Financial

Online review site Highya reviewed Oasis Financial. It found Oasis Financial stands out from some other lenders in that it focuses exclusively on lawsuit funding. 

However, Highya determined that the most common customer complaints against Oasis Financial were “high fees, which in some instances amounted to more than the final settlement.” If plaintiffs do not repay Oasis cash advance quickly, fees and interest charges could add up to a significant repayment amount. So, if your case extends long after Oasis gives you funding, you face larger sums of interest charges.

The State of Colorado sued Oasis Financial in 2010 for “deceptive trade practices and unlicensed lending.” The Colorado Attorney General wanted the company to make proper disclosures to consumers who apply for lawsuit cash advances. 

Get Out of Debt Guy reports that before the lawsuit, Oasis was charging customers interest rate APRs “ranging from 60 percent to 125 percent.” Oasis countersued the State of Colorado, asserting that “the state was improperly trying to regulate them as lenders under the Uniform Consumer Credit Code.”

The Colorado Court of Appeals heard Oasis’ case and found that the cash advances Oasis offers are classified as loans under the Colorado Uniform Consumer Credit Code.

SourceReview Overview
Yelp9 Oasis Financial reviews total → 1 out of 5 stars
GoogleNo Oasis Financial reviews
Facebook53 Oasis Financial reviews total→ 2.3 out of 5 stars
BBBA+ rating, 33 Oasis Financial reviews → 1.5 out of 5 stars

Some of the positive things people are saying about Oasis Legal Financial, LLC:

Oasis was a big help. They are very straightforward and responsive. Great company. Would definitely recommend them to a friend. Very nice people to help me out. Extremely happy with all at Oasis financial.

A.T. from Chicago, IL, left a 5 star review back in February of 2016 via Yelp.

Awesome, I asked for a $10,000 loan got it in 24 hours. Thank you Oasis and Jennifer Delgado for helping me get my life up. I needed this push in life. Awesome job.” Mr. Combs gave the company 5 stars in August 2018.

Antonio Combs, left a 5 star review on Facebook

..This company stood by me, assisted me within 24 hrs, very professional, outstanding & they are there to assist you.

Facebook 5-star review left by Yvankovich Joyce in April 2015

I came to Oasis because I was about to lose my place to live! I was in dying need and received a five day notice with no options at all! Finally I called my lawyer and they recommended me to get an Oasis loan. I called and within six hours I had my money! I just had to request more and it was a success and I can’t express how appreciative I am that there are services out here like this! I hurt my back and had two surgeries and have been disabled and can’t work… I just recently lost benefits and this was my only resort! Thank you again!

Nichole from Machesney Park, Illinois left a 5-star review on Consumer Affairs in November 2019

On the other hand, there were some unfavorable outcomes for a few customers:

They could improve by being more honest and direct...My case just settled and they are charging me $6,000 and some change, versus what they told me. That's an INSANE interest rate.

Kwame Laster left a 1 star review on the company’s Facebook page

...The interest is triple the amount which is horrible. It is very sad how this company treats people in need…”

Angie P. left a 1 star review on the Better Business Bureau

Crystal left a review on the company's Better Business Bureau Page:

They did not offer me a second advance. Really disappointed. I applied several times and got denied and they cannot say I went elsewhere until after I kept being denied I felt hopeless and I'm almost certain that they tell other lending companies not to work with me because Oasis in my opinion are greedy.

2 out of 5 star review on the Better Business Bureau page in August 2019 left by Crystal

Miah left a 1-star review on the company’s Better Business Bureau Page:

When I asked to speak with a case manager I was told that they do not speak to clients, which that is an absolute lie.

1 out of 5 star review on the Better Business Bureau page in September 2019

Iadonna left a 1-star review on the company's Consumer Affairs Business Page:

Before I signed [the documents], it stated that I was approved for a loan for 2500. After signing for the documents, about ten minutes later I received another email stating that the amount that I was approved for had changed to 1140... Then this is the killing part about it. I only received 1009 dollars out of the 1140 that I signed for. So guess how much I have to pay them back... 1790 dollars. So with all that being said, if you can wait on your settlement please wait because you will be out of a lot more money if you don't.

1 out of 5 star review left on the Consumer Affairs business page in September 2019

Get a Lawsuit Funding Quote from Ally Lawsuit Loans

When you need cash while waiting for your lawsuit settlement, contact Ally Lawsuit Loans. Our lowest interest rate guarantee and quick application approval make applying for a lawsuit cash advance simple. We will let you know if you qualify within 24 hours. We are also risk-free; if you lose your case, you owe us nothing.

Lawsuits are financially and emotionally stressful, but we can help. Apply today and relieve some of your stress.

Car Accident Lawsuit Loans

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Waiting on an auto accident settlement? Learn your options for getting a low-rate, risk free cash advance ('car accident loan') against your pending settlement. Traffic accidents are among the leading causes of serious injuries in the United States. According to data published by the National Highway Traffic Safety Administration (NHTSA), approximately 2 million Americans are injured in motor vehicle accidents each and every year. Through a car accident claim, injured victims may be eligible to recover financial compensation from their insurance company or from another driver’s insurance company. However, even if you have a winning case, it can often take a long time to get a full and fair car accident settlement offer from an insurance company.  At Ally Lawsuit Loans, we offer the lowest rate pre-settlement auto accident loans to plaintiffs. Our team understands that the car accident injury claims process can be long, stressful, and frustrating. Unfortunately, your bills are not going to wait for the insurance company to settle a claim. We provide auto accident victims with an affordable cash advance so that they can relieve anxiety and financial burden while their claim is still pending. To find out more about our services, please do not hesitate to contact our team today. ✅ How Do You Qualify for a Car Accident Loan? All lawsuit lending companies have their own underwriting standards. Though, as a general matter, there are two primary factors that will determine how much you can qualify for in pre-settlement auto accident funding: The severity of your injuries (the potential value of your case); andThe likelihood of proving liability (the chances that you will win your case).  The stronger your legal case and the more serious your injuries, the more likely it is that you will be able to obtain a car accident loan. If you suffered an injury, it is likely that some level of finding will be available. To be clear, your credit score does not matter. At Ally Lawsuit Loans, we offer car accident settlement loans based solely on your personal injury case. 📝 How to Apply for Automobile Accident Loans At Ally Lawsuit Loans, our application process for car accident loans is fast and easy. We approve most applicants within 24 hours. Most importantly, there is no credit or background check required and the application is free. Here’s how to apply: 1. Submit information about your claim to our friendly staff online or by phone. This helps us understand the circumstances of your case and whether a car accident loan is right for you. 2. Put us in contact with your attorney. When we talk to your attorney, we ask about the details of your lawsuit including the potential outcome and determine if we can offer you a car accident cash advance with little risk. 3. Receive approval and cash within 24 hours. If your case is a good fit, we will deliver cash to your bank account within 24 hours of approval. 💲 Accident Settlement Loans Can Help You Cover Your Immediate Expenses If you were injured in a car accident, you may already be frustrated by how long the claims process is taking. It is not uncommon for an insurance company to take months or even years to pay out a car accident injury claim. Of course, your bills are not going to wait for your settlement offer. Pre-settlement auto accident loans are a no-risk way to get your expenses paid right now. Our clients use auto accident loans to cover bills, including: Medical care; Mortgage/rent payments;Ordinary living expenses; and Legal fees. Our team is here to provide you with financial protection when you need it the most. We recommend that you do not take any more money than you need to cover your bills. 💰 Lawsuit Funding Can Help You Win a Larger Settlement Any great personal injury lawyer will tell you that it takes some time to build a strong, compelling legal case. Your lawyer needs to put together all of the relevant evidence necessary to prove liability and to establish the full value of your damages. Rushing the auto accident injury claims process is not a good idea. It is much better to give your lawyer the time that they need to maximize your personal injury settlement offer. In too many cases, injured victims give up their claim too early and agree to an unfair settlement because they have bills that need to get paid immediately. The immediate financial pressures of life can lead to poor decision-making. The big insurance companies know this — and they use time as a negotiating strategy. Settling prematurely could easily take thousands of dollars, or more, out of your pocket. Our car accident settlement loans can give you the breathing room that you need to be patient and let your lawyer do their job — getting you the maximum settlement offer. 👌 No-Risk Accident Loans — You Only Pay If You Win Your Case You may be wondering what happens if your car accident claim is eventually denied. What if you do not win your case? Will you be on the hook for repaying your accident loan? The answer is a resounding ‘no’. At Ally Lawsuit Loans, we offer clients funding through a type of lending arrangement that is known as a ‘non-recourse’ loan. Your car accident loan will be secured entirely by your future settlement — that is it. There is no other legal recourse available to our company. If, for whatever reason, you do not win your personal injury case, you will not have to pay back a dime. We offer 100 percent, risk-free car accident loans. No settlement, no payments. Period. ✔ Why Choose Ally Lawsuit Loans? If you are ready to apply for pre-settlement car accident funding, it is imperative that you look for a reliable firm — you need a lawsuit lending company that provides fair and cost-effective automobile accident loans. At Ally Lawsuit Loans, we are leaders in the industry. Ally Lawsuit Loans is […]

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What Are Ally Lawsuit Loans’ Rates?

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At Ally Lawsuit Loans it is our mission to provide the lowest cost pre-settlement loans in the industry. The truth is, we can't tell you exactly what your settlement loan interest rate will be until we learn the specifics of your case. What we can promise you is that we'll offer you the lowest rate possible, we'll be fully transparent about the cost of your lawsuit loan, and we'll never spring hidden fees or costs on you. 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 we provide immediate funding to help relieve the financial burdens that plaintiffs face as they await a settlement. We offer pre-settlement funding interest rates that are the best in the industry — guaranteed. If you are considering applying for a lawsuit loan you obviously are interested in finding the lawsuit funding company that will provide you with the lowest possible interest rate. We encourage you to use the lawsuit loan calculator below to get a sense of what it cost to get a pre settlement loan with Ally Lawsuit Loans. With that being said, the best way to learn what your interest rate will be is to call us or apply online. Our friendly staff will be happy to answer your questions. Contacting us obligates you to nothing. DISCLAIMER: This calculator uses our average funding interest rate. The total quoted here is not necessarily what you will pay. Our interest rates are based on an assessment of the details of your lawsuit, and so we cannot provide you with your actual rate until we speak with your attorney. Lawsuit Loan Calculator How much money do you need to be advanced? (without commas) How long do you expect before your case settles / is resolved? 6 months 12 months 18 months 24 months 30 months Here's how much you'll owe: Industry Average: With Ally: We Guarantee the Lowest Interest Rate for Lawsuit Loans 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 financing. 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 and guarantee the lowest rate settlement funding because we do not take on every case. We fund cases with serious injuries and clear liability. 📊 What factors will affect the pre-settlement loan interest rate? 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 financing rates. Interest rates 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. 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 an interest that calculates on top of other interests. 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 lawsuit legal funding specialists can do for you, please call us today at (800) 760-0704 or apply now. Lawsuit Funding Company Reviews - Reviews From Around the Web Fair Rate Funding Cherokee Funding Momentum FundingPeachtree Financial SolutionsThe Legal Funding Group, LLCCase Cash, LLCBuckeye Legal FundingPrime Case FundingOasis Financial

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Personal Injury Lawsuit Loans

| Read Time: 8 minutes

A personal injury loan is a financial tool that helps plaintiffs get cash pre-settlement. Unlike a traditional loan, the interest rate for lawsuit settlement advances is based on the strength of the case, not your credit history. They are also non-recourse which means if you lose your case, you do not owe repayment. According to data provided by the Centers for Disease Control and Prevention (CDC), Americans make approximately 39 million emergency room visits for accident-related injuries every year. When a person sustains a serious injury because of the reckless or careless actions of another party, they may be eligible to recover financial compensation through a personal injury claim. Unfortunately, even if you have a case that you are virtually guaranteed to win, it can take a considerable amount of time for a personal injury lawsuit to reach a settlement. Waiting for a settlement check can put a tremendous financial burden on an injured victim and their family. At Ally Lawsuit Loans, our team provides the most affordable personal injury lawsuit loans for plaintiffs who are waiting for their settlement. We know that the personal injury claims process can be long and stressful. Our company is here to relieve some of the financial pressure from you and your family. We offer immediate, affordable personal injury settlement funding nationwide. If your bills are piling up while you are waiting for your personal injury settlement, please contact our team to learn more about your financial options. Everything You Need to Know About Injury Loans in 70 Seconds We Fund the Full Range of Personal Injury Claims If you suffered a serious injury because of the negligent or reckless conduct of another party, our company can offer a pre-settlement loan to help you pay for your medical care and cover your living expenses while your legal case is still pending. At Ally Lawsuit Loans, we provide pre-settlement funding for the full range of personal injury claims. Among other cases, you may be able to obtain a personal injury lawsuit loan for: Car accidents; Commercial truck accidents;Motorcycle wrecks;Bike accidents;Pedestrian collisions;Bus accidents;Work injury lawsuits; Workers’ compensation claims;Medical malpractice lawsuits;Nursing home abuse or neglect;Slip and fall accidents;Premises liability claims;Dog bite injury lawsuits;Dangerous or defective product claims;Defective medical device claims;Dangerous drug lawsuits; andWrongful death claims If your specific type of personal injury cases is not listed above, you may still be eligible to get pre-settlement funding. For more information about your individual claim, please call our lawsuit financing specialists right away.  Why You Should Apply for a Personal Injury Lawsuit Loan Applying for a personal injury lawsuit loan is free, and lawsuit loans can be hugely beneficial. Primarily, since many personal injury cases take months or even years to settle, personal injury settlement loans help tie the victims over until the end of their case. Qualifying is Simple At Ally Lawsuit Loans, we understand that life won’t wait for a settlement. Waiting for that check puts a significant burden on an injured person and their family.  If your case is strong, you are more likely to qualify for a pre-settlement loan. We do not look at your financial history. That means no credit checks, no upfront fees, and no employment confirmation. Our goal is to offer settlement advances for any victim injured by the negligence of another. Applying is Quick & Easy When you or a loved one suffers an injury, medical bills, mortgage or rent payments, and everyday living expenses pile up quickly. Our company understands that bills do not stop for your personal injury case.  That is why at Ally Lawsuit Loans, we can qualify you for a pre-settlement loan within 24 hours. Our application process is smooth and easy, so you can focus on your case. Borrowing is Risk-Free Personal injury victims often worry about what happens if they lose their case. The last thing you need when you lose a case is to be stuck with a loan you can’t afford. At Ally Lawsuit Loans, we secure our loans by your future settlement, so we bear the risk of that claim. We offer a 100% risk-free personal injury lawsuit loan. If you do not win your case, then you do not need to pay back the loan. You only pay us if you win your case. Paying Bills is Crucial Personal injury lawsuit loans help fill financial gaps while you wait for your case to settle. At Ally Lawsuit Loans, our personal injury settlement loans provide financial protection for you and your family while you resolve your personal injury claim.  We want to make sure that you get what you need to cover your bills. Our personal injury lawsuit loans can cover medical bills, living expenses, and more. We offer fair, affordable funding options to victims awaiting a personal injury settlement check. We also have the lowest guaranteed rate in the industry. Maximizing Case Value is Beneficial  Insurance companies may offer lower settlement amounts to victims. They do this to get a financially desperate victim to accept the lower amount. At Ally Lawsuit Loans, we empower plaintiffs to resist this manipulation.  Our personal injury lawsuit loans help you survive the entirety of the lawsuit without sacrificing the value of your case. ❓ What's the Difference Between Personal Injury Settlement Loans and a Regular Loan? Personal injury loans are very different from traditional loans. Most traditional loans hold borrowers liable for repayment no matter the circumstances. In contrast, personal injury settlement loans are non-recourse, which means you do not have to repay them if you lose your case. Your attorney pays the lender back with part of your settlement at the end of the case, so the funding process is simple. When you apply for an injury loan through Ally Lawsuit Loans, we never do a background or credit check. We also don’t charge any upfront fees. After you complete your application, we review the case with your attorney to see if a personal injury loan is right for you. If approved, you can […]

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