Car Accident Lawsuit Loans

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.


Car Accident Loans

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:

  1. The severity of your injuries (the potential value of your case); and
  2. 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 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 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.

❓FAQ: Getting an Auto Accident Cash Advance

PRE-SETTLEMENT AUTO ACCIDENT LOAN FAQ

Are car accident loans a cash advance or a loan?

Pre-settlement loans for auto accidents are technically cash advances against your potential settlement. This means that whether or not you pay back the advance depends on the outcome of the settlement. If you don’t get a settlement, you do not have to pay back the advance. The word “loan” is simply a convenient way to refer to a car accident cash advance.


CAR ACCIDENT LOAN FAQ

How large are cash advances for car accident loans?

Currently, Ally Lawsuit Loans offers anywhere between $500 and $750,000 for pre-settlement loans for auto accidents.


PRE-SETTLEMENT AUTO ACCIDENT LOAN FAQ

When will I receive my car accident cash advance after I’m approved?

At Ally Lawsuit Loans, we’ll deliver you cash within 24 hours of funding approval.


PRE-SETTLEMENT CAR ACCIDENT LOAN FAQ

How will I receive my car accident cash advance?

Once we approve your car accident loan, we can transfer the loan to your bank account, mail a paper check, send an overnight FedEx check, or wire money through Western Union. We’ll do whichever you prefer.


PRE-SETTLEMENT CAR ACCIDENT LOAN FAQ

What are the rates for your automobile accident loans?

Instead of offering a specific rate, Ally Lawsuit Loans guarantees the lowest rate in the industry. 


PRE-SETTLEMENT AUTO ACCIDENT LOAN FAQ

How much is my car accident injury settlement worth?

When determining the value of your settlement, there are three main factors lenders consider: liability, damages, and insurance coverage. Typically, after our underwriters review your case for these factors, we’ll offer you around 10% of the value of your case.

Determining liability is the most complex part of the review. For example, the level of liability in a car accident varies between states. 

Injuries are also a major factor in the value of your case, because the amount of treatment you receive affects the amount of your settlement. Your settlement may be lower if you do not receive treatment for your injuries.

Lastly, insurance coverage helps establish the maximum amount of your settlement. In some states, you are limited to the policy amount of the at-fault driver. However, other states allow you to collect additional damages.


CAR ACCIDENT LOAN FAQ

Can a car accident cash advance help me get a larger settlement?

Many personal injury cases take months or even years to reach a settlement. The longer you give your attorney to litigate your case, the bigger your settlement offer could be. However, for car accident claims, this means you could end up waiting 2-3 years.

Insurance companies make the process as difficult as possible, offering low-settlement amounts to victims in exchange for quick settlements. They hope that victims will take the offer due to financial pressure.

A car accident loan from Ally Lawsuit Loans can help you take care of medical bills and legal fees so you can continue the fight against the insurance company without being strapped for cash.


PRE-SETTLEMENT CAR ACCIDENT LOAN FAQ

When should I consider getting a car accident settlement loan?

1. You are so injured you can’t work

If you don’t have serious injuries, auto accident loans are probably not for you. You should consider getting an auto accident loan if you are unable to afford food, rent, gas, and other basic needs because of your treatment. Applying for a car accident cash advance may help if you are so injured that you can no longer provide for your family.

2. Insurance companies are offering you a low settlement

Insurance companies always try to pay as little as possible for a settlement. They put out low settlement offers hoping that you will take them out of desperation. The longer you can make your case last, the more you convince the adjuster that you are serious about your claim. However, this can put a financial strain on you if you can’t work or don’t have enough money to continue your lawsuit. Car accident settlement loans can help pay for your attorney to continue the fight, often resulting in larger case value. This is especially useful in lawsuits that last more than one year.

3. You need quick cash that is risk-free

Getting a car accident loan is quick and easy compared to other types of lending. Since your credit score does not have an impact on your approval, you have a better chance of getting an auto accident loan. Car accident settlement loans are also risk-free. This means that you only pay the lender back if you win your case.

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.

We offer the lowest rate of 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 at (800) 760-0704 or apply for funding today.

Lawsuit Funding Company Reviews From the Web

Settlement Funding for Civil Rights Cases

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The civil rights of Americans include rights to freedom and equality. The United States government grants Americans these rights without regard to race, national origin, religion, sex, age, or disability.  If someone violates your civil rights by discriminating, you may sue the perpetrator for the harm you suffered. Trailblazing Americans have used the legal system to fight for their civil rights. Future generations benefit from victims fighting against discrimination.   However, seeking justice for civil rights violations can take a long time. The court process may proceed slowly, while plaintiffs’ expenses continue to accumulate. How Can You Pay Bills While You Wait For Your Civil Rights Lawsuit Settlement? While civil rights lawsuit settlements can take a while to achieve, you don’t have to wait to access your cash. Many civil rights plaintiffs take advantage of settlement loans. This means that plaintiffs access their payment before their civil rights lawsuit settlement case concludes. Plaintiffs can obtain settlement cash advances for these types of civil rights lawsuits: Discrimination based on race, national origin, gender, or disabilityFair housing violations,Harassment,Police misconduct,Immigration violations,Hate crimes, andEqual credit violations. When someone discriminates against you in a civil rights violation, a lawsuit helps you seek justice. The Civil Rights Act of 1964 and the Reconstruction Amendments to the US Constitution legally protect Americans from discrimination. In court, a civil rights attorney will advocate for you to receive payment for the discrimination you suffered. A defendant should compensate you for these civil rights violations with a lawsuit settlement.  Using a settlement loan, you can access these lawsuit settlement funds even before the lengthy court process ends. How Do You Get a Civil Rights Lawsuit Settlement Advance? To get a civil rights lawsuit settlement advance, apply with a settlement lender like Ally Lawsuit Loans. The lender will review your case, consult your attorney, and determine your chances of settling. If the lender thinks you have a good cause, the lender will approve you for a lawsuit settlement loan. Ally Lawsuit Loans approves plaintiffs within 24 hours and offers the lowest interest rates in the market. The amount the lender loans you depends on the amount of the anticipated settlement. Civil rights settlement amounts may be hard to predict because of the intangible nature of damages. However, the lender talks with your attorney to get an informed idea of your anticipated settlement. The lender also evaluates whether you have outstanding lawsuit loans before approving your application. Once you receive your settlement loan, you can pay bills while you wait for your case to settle. You owe the lender nothing while your case settles. If you lose your case, you owe Ally Lawsuit Loans nothing.  In this way, loans for civil rights lawsuit settlements can reduce your stress. You get the money you need to pay bills and don’t have to worry about your finances. You also don’t have to worry about paying anything back unless you win your case.  Apply for a Civil Rights Lawsuit Settlement Advance Today If you suffered from a civil rights violation and filed a lawsuit, you may need a settlement loan. To get cash while you wait for your civil rights lawsuit settlement, contact Ally Lawsuit Loans or call (213) 607-3399. Ally Lawsuit Loans is a lawsuit lending company that offers plaintiffs across the nation: 24-hour settlement loan approvalLowest rates in the industry No payment needed if you lose your case You don’t have to worry about your bills while you wait for your civil rights case to settle. Get help with your stress by applying for a lawsuit cash advance with Ally Lawsuit Loans.  Apply now!

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How Many Pre-Settlement Loans Can I Get?

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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 the claims process. At Ally Lawsuit Loans, we offer the lowest rate of pre-settlement funding for lawsuits. If you already received a pre-settlement loan, you may still be eligible to obtain a second loan or even a third loan. Apply today and we'll determine if you qualify within 24 hours. We frequently work with clients who have already received a lawsuit loan from another company. Your eligibility for an additional loan will depend entirely on the estimated value of your settlement and the total amount of your initial loan. We will not deny you simply because you have already received a pre-settlement loan. Your application will be reviewed on its merits. Here, we explain the most important things that you need to know about applying for additional pre-settlement funding. PRE-SETTLEMENT FUNDING STEPS: You Can Always Apply for an Additional Pre-Settlement Loan There is no set limit to the number of lawsuit loans you can take out. In fact, plaintiffs frequently take out a second or third loan on their case. This is normal and understandable: it is very difficult to predict exactly how much pre-settlement funding you and your family will need. In some cases, personal injury claims take far longer to settle than was initially anticipated. In other cases, a person’s day-to-day expenses may turn out to be higher than was expected. It could be because their medical bills are higher, because they were forced to miss more time at work than they initially thought, or simply because they ran into some unexpected bills. Regardless, if you took out less than the maximum available loan the first time, you will likely be qualified to obtain additional pre-settlement funding. PRE-SETTLEMENT FUNDING STEPS: We Will Determine Your Current Loan Eligibility As a starting point, our pre-settlement funding specialists will calculate your maximum loan eligibility. Of course, you do not have to take the maximum loan. Indeed, we recommend that our clients only take what they need. You can always come back from another loan. At the same time, we also want our clients to know what options they have available. If you have already taken out a previous lawsuit loan, you may still be eligible to obtain additional funding — especially if you took out less than you were offered as a ‘maximum’ loan the first time. We know the lawsuit funding process can be complicated, particularly if you have taken out a previous pre-settlement loan. If you have any questions about the lawsuit lending process or your eligibility, we have put together a guide to pre-settlement funding that addresses many of the most common issues. For specific questions, please contact our customer service team right away. PRE-SETTLEMENT FUNDING STEPS: Why You Should Work With Ally Lawsuit Loans If you are considering applying for a second pre-settlement loan, it is essential that you work with the very best lawsuit financing company. At Ally Lawsuit Loans, we are committed to providing the best services in the industry. Sadly, some unscrupulous companies take advantage of plaintiffs — charging hidden fees or disguising terms. You need a company that you can trust. We offer: The lowest rate pre-settlement funding — guaranteed;A clear, fair, understandable application process; Your loan in as little as 24 hours; andThe best customer support services. Applying for pre-settlement lawsuit funding can be a complicated and stressful process — especially if you have already taken out a previous lawsuit loan on the same settlement. No matter the specific nature of your situation, our expert customer support team will walk you through the application process and help you find the best available solution. Learn About Other Lawsuit Funding Companies Apply for a Settlement Loan Today At Ally Lawsuit Loans, we are committed to helping plaintiffs get access to the funds that they need to support themselves and their family throughout the personal injury claims process. Our pre-settlement loan specialists are here to answer all of your most pressing questions. To apply for a pre-settlement lawsuit loan, please do not hesitate to contact us today at (800) 760-0704. 

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What is a Structured Settlement & How Do They Work?

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Understanding structured settlements can be confusing at times. A structured settlement pays you money through a series of payments (known as an annuity) or a lump-sum form of payment. Structured settlements occur when a claimant agrees to resolve a personal injury claim and receives all or portions of a settlement through multiple payments. When you file a personal injury lawsuit, you eagerly wait for the day when your settlement payout arrives. However, you may not know about the many detailed decisions involved in the settlement process. What is a structured settlement, anyway?   For instance, should you accept a lump-sum payment or agree to a regularly disbursed structured settlement?  Structured settlements produce some distinct advantages, but they’re not ideal for every situation. If you’re considering a structured settlement, you can always sell it later (with court approval) for a lump sum. STRUCTURED SETTLEMENT TYPES: 📖 Types of Cases Covered Under Structured Settlement Loans Structured settlements first appeared under Canadian law in personal injury cases concerning a 1950’s drug that caused birth defects. From there, structured settlements made their way into common law legal systems, including England, Australia, and the United States.  Structured settlements took advantage of two changing elements in personal injury law: Rising personal injury settlement amountsChanging IRS law that waived tax liability In the US, structured settlements serve as an option in personal injury cases, including pharmaceutical injury and product liability cases.  STRUCTURED SETTLEMENT LOAN INFO: Pros and Cons of Structured Settlement Loans Structured settlements provide both benefits and risks to plaintiffs. Here are some factors to weigh before deciding on a structured settlement. Pros of Structured Settlements: Steady income. Structured settlements provide a steady income for many years. You won’t be able to burn through your money quickly.Tax benefits. United States IRS rules give structured settlements favorable treatment. A person receives tax-free disbursements for the life of the structured settlement.Beneficiary allowed. Many structured settlements allow a named beneficiary to receive settlement payments if the plaintiff dies before the settlement pays out.Option to sell. Structured settlements can be sold or assigned through the courts. This option is useful for paying medical expenses or other debts.Stock market-proof. The stock market fluctuations don’t affect your settlement amount.  Cons of Structured Settlements: Loss of interest. You lose interest that could accrue if you got your entire payment upfront.Taxation. Some parts of a settlement award, such as punitive damages or attorney fees, may be taxed.Inflexible payment. Structured settlements stick to a set schedule and are not flexible to meet changes in your financial circumstances.Fees and penalties. Withdrawing from or selling a structured settlement brings fees and IRS penalties. STRUCTURED SETTLEMENT LOAN FAQ: 💰 How Does a Structured Settlement Work? When you file a personal injury lawsuit, your attorney will negotiate the best settlement for you. Though an attorney should always prepare for trial, most plaintiffs and defendants prefer to reach a settlement. In settlement negotiations, a defense attorney may present the possibility of a structured settlement. At that point, your attorney will bring the settlement option to you. After discussing the structured settlement, your attorney will ask whether you are ready to sign an agreement for that option. Once you accept a structured settlement, the defendant will pay you through installments of an annuity contract. You will receive regular installments over an extended period until you reach your full award. Defendants may purchase an annuity for the settlement from an insurance company. The insurance company is then responsible for managing the structured settlement. If a plaintiff later decides that they need a lump sum payment rather than installments, they can sell their structured settlement annuity. Companies such as Ally Lawsuit Loans offer a streamlined structured settlement cashout. The value of the structured settlement at the time of sale depends on: Payments disbursedAmount of scheduled paymentsInterest rates on the annuityInsurance company creditworthiness A judge must approve and sign on the sale of a structured settlement annuity. Apply for a Structured Settlement Today Now that we’ve answered your question, “What is a structured settlement?” you may be considering this option. However, maybe you already have a structured settlement but are looking for a way out of it. If your financial needs changed and you want a lump sum instead of structured settlement payments, contact Ally Lawsuit Loans. We can purchase your structured settlement annuity in exchange for a lump sum of cash. We offer 24-hour approval on structured settlement purchases. Then, we bring your structured settlement to the court for approval. Contact us at (800) 760-0704 to apply for a structured settlement purchase or ask for more information about this option. 

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