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); and
- The 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 accident settlement loans based solely on your personal injury case.
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. 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. Our company is committed to offering plaintiffs:
- The lowest rate car accident loans — guaranteed;
- A fair and transparent application process;
- Clear and concise terms in our lending agreements;
- Fast and efficient processing of your application; and
- Friendly, 24/7 customer support services.
We understand that applying for lawsuit funding can be a confusing, even intimidating process. Our friendly car accident loan specialists are always available, ready to help you get answers to all of your most pressing questions. We will work closely with you and your car accident lawyer to make sure that you are able to find the funding option that works best for your unique situation.
Apply For a Pre-Settlement Car Accident Loan Today
At Ally Lawsuit Loans, we are proud to offer the lowest rate lawsuit funding to auto accident victims. If you or your family member was injured in a car accident and you are waiting for a settlement, we are here to help you pay your bills. Our team has cut the red tape to make lawsuit funding as easy and hassle-free as possible. To speak to a car accident loan specialist, please call us today.