Oasis Legal Finance, LLC

Oasis Legal Finance, 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 loans while the case is being handled, which is a good option for people who need extra cash to get the bills paid.

The loan 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 loan 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 Loans

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 loan. 

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

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

What’s the Average Lawsuit Loan Amount?

Ally Lawsuit Loans provides lawsuit loans anywhere between $500 and $750,000, depending on the case value. As a standard, Oasis Financial only offers loans 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 advance loans 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 loan 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 loans. 

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 loans quickly, fees and interest charges could add up to a significant repayment amount. So, if your case extends long after Oasis gives you a loan, 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 advance loans. 

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 Finance, 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 loan 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.

Unpaid Overtime Settlements – Lawsuit Loans

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It is incredibly common for employees and their employers to have disagreements or tension in the workplace. The most extreme forms of workplace conflict include discrimination, intentional harassment, and wrongful termination. However, one of the most frustrating ways an employer retaliates against an employee is by not paying them. Fortunately, the Fair Labor Standards Act of 1938 protects workers from bitter employers. Some employers, however, still refuse to pay their employees for their work after a disagreement. Taking an employer to court to get back those unpaid wages is a long, tedious process. If you filed an unpaid wages lawsuit, a pre-settlement loan from Ally Lawsuit Loans can help hold you over until your case settles. We provide cash advances to plaintiffs waiting for unpaid overtime settlements or general labor lawsuit settlements. Unpaid Wage Lawsuits – Facts & History in the United States Prior to the 1940s, it was common for employers to underpay workers. Due to several strikes and growing backlash against child labor, Senator Hugo Black introduced the Fair Labor Standards Act, which Congress passed in 1938. The act established a minimum wage, a 40-hour work week, and overtime pay. There are several other provisions that make this act a landmark in labor law. For example, the minimum wage must update with inflation and employers must pay time-and-a-half to employees who work overtime. Unfortunately, many companies still try to find ways around this legislation. One way an employer may sneak out of paying their employees is by making verbal agreements instead of written ones. Some may also distribute working hours in a way that prevents adequate payment. Many people don’t report their employers fearing that they may lose their job or more of their wages. Thankfully, attorneys help level the playing field by representing employees in unpaid wage lawsuits. What is My Unpaid Wage Claim Worth? The value of your unpaid overtime lawsuit depends on a lot of factors. Some plaintiffs may try to collect double overtime wages, while others might just get paid a lump sum for a project they weren’t paid for. State laws also change the value of an unpaid wage claim. For example, since minimum wage varies between states, a case may be worth more if you work in a state with a higher minimum wage. How Long Will It Take My Unpaid Wage Claim to Settle? A significant factor that affects the length and value of a case is the amount of plaintiffs. Some cases are between one employee and their employer, while others involve thousands of employees. In 2013, Bank of America paid a massive overtime lawsuit settlement of $73 million to 180,000 employees after having them work off the clock. In addition, some companies offer labor lawsuit settlements quickly to help them mitigate bad press. However, many companies may fight in court for as long as it takes. This makes it difficult to know how long it takes for a case to settle. If you find yourself filing an unpaid wages lawsuit against your employer, a loan from Ally Lawsuit Loans can help you while you wait for your overtime lawsuit settlement. How Ally Lawsuit Loans Can Help At Ally Lawsuit Loans, we understand how difficult an unpaid wages lawsuit can be. We provide pre-settlement loans for those waiting for their unpaid overtime settlements. It is easy to apply for our funding. After submitting an application, we review it with your attorney to determine the value of your case. If you’re approved, we can deliver cash to you within 24 hours. Most importantly, our pre-settlement loans are risk-free. If you do not receive a labor lawsuit settlement, you pay us nothing. Apply today or call (800) 760-0704 to learn more about our pre-settlement lawsuit loans.

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Pre-Settlement Funding & Personal Injury Loans in Las Vegas

| Read Time: 2 minutes

After an injury, you may be left struggling with medical bills, rent, mortgage payments, or general living expenses. Because of these additional financial stressors, going through a personal injury lawsuit makes paying the bills difficult. To reduce stress and anxiety, many people going through a lawsuit apply for lawsuit funding or injury loans. With a cash advance from Ally Lawsuit Loans, you can live comfortably and avoid financial stress while waiting for your settlement. We provide personal injury loans in Las Vegas and around the country. What is a Personal Injury Loan? A personal injury loan is also known as lawsuit funding or pre-settlement funding. Companies provide personal injury loans to victims of personal injury that are in the middle of a lawsuit. Since insurance companies often take months or years to settle a claim, plaintiffs are often stuck trying to recover financially from their accident. The loan is a type of cash advance. Once a company approves an application, they send money to the applicant. The loan accrues interest, usually compounded monthly at around 1-3%. The size of the loan depends on the expected settlement amount of the applicant’s case. If the applicant loses their case, they are not expected to pay back the loan. We give our personal injury loans in Las Vegas to individuals who cannot wait for their settlement checks in order to remain financially stable. In many cases, someone who sustains an injury has large medical bills and cannot work. However your injury happens, if another party is at fault, our lawsuit funding in Las Vegas can help. About Ally Lawsuit Loans At Ally Lawsuit Loans, we understand the financial, physical, and emotional stress of a personal injury case. When waiting for your settlement, you shouldn’t have to struggle with basic living expenses. We help plaintiffs remove that burden and help them when they need it most. Ally Lawsuit Loans provides personal injury loans in Las Vegas for all types of lawsuits and claims, including: Personal injury,Auto accidents,Workers’ compensation,Wrongful termination,Defective drugs, andDefective medical devices. Our application doesn’t require a credit check or employment. The only thing we consider when reviewing your application is the strength of your case. Once you apply for a personal injury loan in Las Vegas, we consult with your attorney and review your lawsuit. Upon approval, we deliver your cash advance. Nevada Communities We Serve – Las Vegas, Boulder City, Enterprise, Green Valley, Henderson, Laughlin, Pahrump, Paradise If you are a resident of Las Vegas or any of its surrounding communities and have an attorney representing your case, you may qualify for our lawsuit funding in Las Vegas. Apply for Lawsuit Funding in Las Vegas Now If you can’t wait for your personal injury settlement, apply for funding through Ally Lawsuit Loans. We offer risk-free personal injury loans in Las Vegas and guarantee the lowest rate in the industry. The application process is very easy and doesn’t require a credit check.  Most importantly, you don’t pay us back unless you win your case. We deliver cash for approved applications within 24 hours. Apply today or call (800) 760-0704 to learn more about our pre-settlement personal injury loans in Las Vegas.

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Cherokee Funding | Reviews From Around the Web

| Read Time: 3 minutes

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: AccidentsGeneral, Construction, and Premise NegligenceMedical MalpracticeProduct LiabilityWrongful 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: TeamworkHelping those in needNo finger-pointingTransparencyGoing 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.

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