Personal Injury Lawsuit Loans

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.

personal injury loans

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.

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; and
  • Wrongful 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.

The Differences Between Personal Injury Settlement Loans and Regular Loans

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 get anywhere between 10-20% of your case value in the form of a cash advance.

How Much Do Personal Injury Loans Cost?

There are three factors that determine the value of your case and the amount of your injury loan: damages, liability, and insurance coverage. For most cases, our underwriters offer around 10-20% of the value of your case.

Determining the damages and injuries in your case is a simple step. The amount of treatment you receive for your injuries typically affects the value of your settlement. If you do not receive treatment, your settlement may be lower.

Liability is the most complex part of our application review. In some states, the level of liability is different depending on the type of accident and the circumstances of your case.

Insurance coverage helps determine the maximum amount of your potential settlement. Some states limit the amount based on the insurance policy of the at-fault driver. However, some states also allow you to pursue additional damages.

Steps You Should Take Before Applying for Personal Injury Loans

If you are interested in personal injury settlement loans, there are a few steps you should take before applying.

Discuss Your Options With Your Attorney

When you apply for personal injury loans, you must have an attorney working on your case. An attorney will always advise you on your best options during a case. Being honest about your financial need lets an attorney know that you trust them, and they will find whatever solution is best for you, whether that is an injury loan through Ally Lawsuit Loans or another option.

Determine How Much Funding You Will Need

Once you and your attorney determine that personal injury loans are right for you, figure out how much funding you will need. It is always best to be frugal when applying for personal injury settlement loans. While you might qualify for a large advance, you should only take as much as you need. This helps you avoid paying excessive interest and ensures that you keep a majority of your settlement.

Personal Injury Settlement Loans Provide Financial Protection

You do not want to rush through the personal injury claims process. It is always best to give your lawyer the time that they need to build a winning case — so that you can recover the full and fair settlement offer that you rightfully deserve.

Of course, the time it takes to resolve a personal injury claim can be frustrating, and even agonizing.

In some cases, it takes years for a complex personal injury case to finally reach a settlement.

Unfortunately, the bill collectors are not going to wait. While the personal injury process is pending, your medical costs or your general living expenses may start piling up. This can put a crushing financial weight on you and your family. Lawsuit funding can help.

We offer personal injury loans to fill the gap. These loans can be used to:

  • Pay for medical care;
  • Make mortgage or rent payments;
  • Cover lost wages; and
  • Cover everyday living expenses.

To be sure, lawsuit funding is not free. We recommend that you take only what you need to cover your bills. But, we want to make sure that you and your family have a fair, affordable funding option available while you are waiting for a personal injury settlement check.

Qualifying for a Personal Injury Lawsuit Loan

Personal injury lawsuit loan eligibility is fundamentally based on the strength of your case. The stronger your personal injury claim, the more likely it is that you will be qualified to obtain a pre-settlement loan.

If you sustained a serious injury because of the negligence of another party and you are filing a legal claim, it is very likely that you qualify for funding.

We do not care about your financial history or lack thereof. There are no upfront fees, there are no credit checks, and we do need confirmation of your employment. Our company offers personal injury settlement advances to plaintiffs who need the money now.

No-Risk Funding — You Only Pay If You Win

One of the biggest worries that injured victims have is what happens if they lose their case. Losing a personal injury case is difficult enough; the last thing you need is to be stuck repaying a loan that you cannot afford.

That will never happen with Ally Lawsuit Loans. We offer 100 percent, risk-free personal injury lawsuit funding.

Your pre-settlement lawsuit loan is secured solely by your future settlement. Our company gets repaid through a portion of that settlement. Through our company, you are getting a settlement advance on your personal injury claim.

We bear the risk of that claim. If you do not end up winning your case, then you have no obligation to pay back any of the money.

Why Choose Ally Lawsuit Loans

We are a professional, consumer recommended personal injury loan company that is committed to offering plaintiffs fair and affordable legal funding.

Unfortunately, some unscrupulous lawsuit financing companies provide personal injury loans at exorbitant rates or with hidden fees.

You need to work with a lawsuit lending company that you can rely on.

At Ally Lawsuit Loans, we promise:   

  • The lowest interest rates — guaranteed;
  • Clear and concise terms in our agreements;
  • No high-pressure sales tactics;
  • A smooth and easy application process;
  • Cash within 24 hours of approval; and
  • Round-the-clock customer support.

Our lawsuit loan specialists work closely with our clients and their personal injury attorneys to ensure we can offer the best financing arrangement.

If you have any questions or concerns about your case or your ability to get a loan, you should contact our team right away. We are more than happy to help.

Learn More About Personal Injury Lawsuit Funding Options: Call Us Now

At Ally Lawsuit Loans, we are proud to offer personal injury plaintiffs the lowest interest rate lawsuit settlement loans. Our top-rated customer service team is standing by, ready to work with you and your attorney.

To find out more about your personal injury lawsuit loan options, please contact us today. Apply now for a pre-settlement lawsuit loan or call (800) 760-0704.

Pending Lawsuit Loans: 5 Facts That Most Lenders Don’t Want You to Know

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If you file a lawsuit, you may find yourself waiting several months or even years for an appropriate settlement. Unfortunately, this leaves many plaintiffs financially unstable, especially if a claim-related injury prevents them from working. When you find yourself in this situation, a cash advance on a pending lawsuit could help.  Pending settlement loans or pre-settlement loans help plaintiffs regain financial independence while they wait for a settlement.  However, many lawsuit loan companies who offer these loans aren’t upfront about the application process and the overall cost of a cash advance on a pending lawsuit. Here are five facts about pending lawsuit loans that other lenders don’t want you to know. #1: Pending Lawsuit Loans Are 10-20% of Your Case Value Typically, most lenders disburse a cash advance on a pending lawsuit equal to 10-20% of the settlement value. They determine this amount based on the severity of your injuries, the length of your case, and your own estimate. To get the best estimate, discuss the value of your potential settlement with your attorney before applying for a pending lawsuit loan. #2: Lenders Put High-Interest Rates on Pending Lawsuit Loans There are sharks in the lawsuit loan industry who charge upwards of 200% interest. Don’t select a lender that charges more than 1-3% monthly or 12-36% annually. Only take out a cash advance for a pending lawsuit that covers basic living expenses and necessities.  #3: Pending Lawsuit Loan Brokers Have Expensive Service Fees Always avoid working with brokers that deal with direct loan companies. These brokers usually add 15-20% to the cost of your pending lawsuit loan. They also send your case information to dozens of companies who may call your attorney without your consent. This unnecessarily diverts your attorney’s attention from your case. #4: Lenders Cannot Disburse Pending Lawsuit Loans Until They Review Case Documents from Your Attorney Make sure you collect the following case documents from your attorney prior to applying for a pending lawsuit loan: Medical reports;Police reports;A copy of your complaint; andYour demand letter. Most lenders request this information from your attorney when reviewing your application. To save time waiting for your cash advance on a pending lawsuit, prepare these documents before you apply for a pending lawsuit loan. #5: Attorneys Respond to Lenders Faster If You Talk to Your Attorney Before Applying Always give your attorney a heads-up before applying for a pending lawsuit loan. This helps them prepare documents requested by the lender. Since lenders cannot disburse your cash advance until they review your case, you should keep your attorney and your lender in sync. Related: Lawsuit Loans Without an Attorney Contact Ally Lawsuit Loans About Applying for a Pending Lawsuit Loan Today If you need a cash advance on a pending lawsuit to help with bills or living expenses, contact Ally Lawsuit Loans. We have the lowest interest rates in the industry and review applications within 24 hours. In addition, we work on a contingency fee basis, which means you repay nothing if you lose your case. To apply for a risk-free, low-interest rate pending lawsuit loan, call us today at 844-545-6246 or apply now.

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How to Find the Best Lawsuit Loan Companies

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If you need financial stability while waiting to settle your lawsuit, you’re probably aware that there are several pre-settlement loan companies who want a portion in exchange for a cash advance. It is essential that you know how to separate the best pre-settlement loan companies from the deceptive ones. The lender you choose has an impact on the amount of money you receive from your settlement, so it’s very important to do research into potential lenders to make sure the company you choose is a good fit. Here’s how to find the best lawsuit loan companies for your case. Top 5 Questions to Ask a Lawsuit Loan Company While looking for the best lawsuit funding companies, it is important to ask each lender questions that help you gauge the potential cost of the loan. Asking these questions will help you choose the best lawsuit pre-settlement loan company. #1: How Do You Set Interest Rates on Pre-Settlement Loans? The best lawsuit loan companies determine interest rates on a case-by-case basis based on the strength of each case. Interest rates largely depend on the likelihood of your case resulting in a good settlement or verdict. Do not work with a pre-settlement funding company that charges the same interest rate for every customer. #2: What is the Interest Rate for My Pre-Settlement Cash Advance? When you get an offer for pre-settlement funding, a lender should tell you upfront what your interest rate is before you sign paperwork. The best lawsuit funding companies will usually give you an interest rate between 1-3% monthly. If a lender gives you a rate higher than 3%, consider looking for another offer. #3: What Are the Terms and Conditions of the Loan? Since filing for a lawsuit is very overwhelming, the terms and conditions of pre-settlement funding should be simple. The best settlement loan companies offer clear, concise terms and conditions for their loans. Never work with a lender that refuses to answer questions about the terms of your loan. #4: Will You Discuss My Funding Application With My Lawyer? Before you get a pre-settlement loan, you need to be represented by a lawyer and have a lawsuit filed on your behalf. The best lawsuit loan companies will always ask to speak to your lawyer about your case when you apply for funding. Your lawyer gives the lender information about your case to assist in case evaluation and underwriting. #5: How Quickly Will I Get My Pre-Settlement Cash Advance? Since reputable settlement loan companies don’t require a credit or background check, most lenders transfer money to you within 24 hours of approval. Best Lawsuit Loan Companies Below is a list of the top 10 settlement loan companies to compare when shopping around for lawsuit funding. Make sure to consider all of your options. Ally Lawsuit LoansPeachtree Financial SolutionsOasis Legal FinanceThe Legal Funding GroupBuckeye Legal FundingPrime Case FundingMomentum FundingFair Rate FundingCase CashCherokee Funding Why You Should Choose Ally Lawsuit Loans If you are trying to find the best lawsuit loan companies, consider funding from Ally Lawsuit Loans. At Ally Lawsuit Loans, we understand how difficult it is to maintain financial stability during a lawsuit. We provide legal funding for those waiting on their settlement for cases ranging from personal injury to workers’ compensation. Lowest Rates Guaranteed No matter what type of case you have, we guarantee the lowest rate in the industry. If you find a low-interest rate while searching for the best pre-settlement loan companies, we will beat it. Risk-Free Our loans are 100% risk-free. That means if you don’t win your case or get a settlement, you pay us nothing. Quick and Easy Application Assuming your case is a good fit, we send you a cash advance within 24 hours of application approval. Contact a Reputable Settlement Loan Company Today If you need a risk-free, low-interest rate loan to keep your head above water while waiting for a settlement, give Ally Lawsuit Loans a call today at 844-545-6246 or apply now. We offer the lowest interest rates in the industry and provide cash advances within 24 hours of approval.

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How to Find the Best Lawsuit Funding Rates

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If you need pre-settlement funding for your lawsuit, it is essential to shop around for the best lawsuit funding rates. Many legal funding companies offer pre or post-settlement loans and cash advances to plaintiffs in exchange for a portion of their settlement. In many cases, lawsuit loans help people avoid financial difficulties like foreclosure, eviction, utility shut off, bankruptcy, and debt collection. However, since pre-settlement loans often cost more than a personal loan from a bank, you should make sure to get the best pre-settlement funding interest rates. What Are Typical Lawsuit Funding Rates? Lawsuit funding rates depend on the value of your case and the amount of risk associated with it. Since lending money towards a legal settlement is very high, interest rates are usually higher than a personal loan. The return for lawsuit loan lenders is contingent on you winning your case, so there’s a chance that they lose their money. For example, if you pay back a $5,000 lawsuit loan with a monthly interest rate of 3% in six months, the lawsuit loan lender gets $5,900 from your settlement. However, they do not get a full $900 return. Most lenders have a loss of 8-10% in addition to the money they pay to borrow capital. In the case of the $5,000 loan above, the lender has $300 in costs and $472 in losses. This means that it costs the lender $5,772 to give you the loan. Once you pay back the loan with interest, they only make $128. For this reason, most pre-settlement funding interest rates are 1-5% monthly. How Much Will My Funding Cost? The cost of your funding depends on the value of your case and how much funding you need. These two factors help a lender determine their lawsuit funding rates. If your case carries high risk, you may have a higher interest rate. Are There Any Hidden Fees or Rates? At Ally Lawsuit Loans, there are no hidden fees or rates. However, other lawsuit loan lenders may charge additional processing fees for their cash advances. Make sure to ask about potential fees when shopping around for the lowest pre-settlement funding rates. How to Get the Best Lawsuit Loan Interest Rate If you want to get the best lawsuit funding rates, you should find a reputable lawsuit loan company that answers your questions upfront. Here are some ways you can ensure you get the best rate. Ask the Lender What Their Pre-Settlement Interest Rates Are It is important to ask every lender what their rates are over the phone or through email. Advertisements provide a range of rates because the rate often depends on the case. Get Lawsuit Funding Rates in Writing When a lender offers you a rate, always ask for the quoted rate in writing. This will help you shop around for the best interest rate and prevent deceitful lenders from making a false claim on their pre-settlement funding rates. Get Funding Through Ally Lawsuit Loans Today At Ally Lawsuit Loans, we make the lawsuit loan application process easy. Whether you suffer from a personal injury or are fighting for workers’ compensation, we are here to help you maintain financial stability. We offer the lowest pre-settlement funding interest rates in the industry guaranteed. Most importantly, our funding is risk-free. If you do not win your case, you do not need to pay us back.  If you want the best lawsuit funding rates, apply now or give us a call at 844-545-6246 to get started. We approve applications for funding within 24 hours. Reviews of Lawsuit Funding Companies Find the best reviews from around the web of lawsuit loan companies and hear what others have to say about their experience with some lawsuit companies. We have taken an approach to gather some of the best reviews for some lawsuit companies out there.

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