Lawsuit Funding Company Reviews

Legal Bay Lawsuit Funding is one of the numerous lenders in America that competes with us at Ally Lawsuit Loans. At the end of the day, the decision on who to borrow money from is yours. We believe your decision should always be well informed. Certainly, we can tell you what we think of Legal Bay Funding, but we offer a biased viewpoint. Legal Bay can tell you what the positives about their company are, but they also offer a biased viewpoint. We and Legal Bay both have an incentive to make Legal Bay appear one way or another to our potential clients. We will never mislead you, but it’s important to understand what we have to gain. That’s why it is always best to seek out as much information as possible. That way, you can form your own opinion on loan providers like Legal Bay and Ally. After all, you know what you need regarding your lawsuit loan better than anyone else. To help give you the best information possible on Legal Bay, we collected a few reviews from around the web. So What Do People Have to Say?  One way to get an insider’s view into a company like Legal Bay is to look and see what neutral third parties have to say about their services. Neutral third parties will help you look at Legal Bay through an unbiased lens. To make things easier for you, we searched for and compiled a few unbiased reviews of Legal Bay from around the web. Looking at these should help give you an idea of what you can expect from Legal Bay. If you read through this piece and still aren’t sure what to think, you can always seek out more reviews. Trustpilot Reviews Legal Bay has a stellar 4.8 out of 5 rating on Trustpilot. User Matthew Prior gave Legal Bay a 5 star review saying that Legal Bay “helped out” when they needed them to. Another 5 star review said that Legal Bay was a “lifesaver.” Others say that their account representative at Legal Bay did a great job explaining and helping them understand pre settlement funding. It is crucial that the lawsuit funding company you decide to work with is as helpful and straightforward as possible. If you don’t trust your representative at a pre settlement funding company, it’s hard to trust the company itself. Thankfully, Legal Bay appears to fulfill this requirement. From their reviewers on Trustpilot, we can see that Legal Bay is a reliable and trustworthy lender. Yahoo News Yahoo News had an interesting article about Legal Bay recently. While this one isn’t exactly a review, it helps you get an idea of what Legal Bay’s whole mission is: to help all people with their financial needs. To that end, Legal Bay isn’t just trying to help litigants. Recently, Legal Bay noticed that many lawyers were struggling with their income due to the COVID-related economic downturn. Many individuals who would otherwise hire attorneys are reluctant to do so given the financial constraints that COVID has brought. Seeing this, Legal Bay decided to step in. In the last year, Legal Bay expanded their financing business outside of lawsuit loans and into attorney funding. Now, attorneys can get immediate funding through Legal Bay to ensure that they can weather the financial storm of our recent crises. Facebook There are also some less than ideal reviews of Legal Bay on the internet—in particular, on Facebook. There, Legal Bay has a score of only 2.4 out of 5 stars. This is hardly the stellar reputation that is shown on Trustpilot. One user, Leikith Cosse, says that they do not recommend Legal Bay. They claim that the company puts “you through hell before they fund you” and says “If you need cash fast this is not the place . . . .” Another user declined to recommend Legal Bay because Legal Bay was unable to help them in their home state of Tennessee. For any readers in Tennessee, this is a definite red flag. While there are only seven total ratings on Facebook, an average of 2.4 out of 5 is not a strong showing to start with.  Ally Lawsuit Loans Can Get You the Best Rate Possible We can give you all the reviews and information we want, but ultimately, we can’t predict Legal Bay’s rates or their customer service. The only thing we can give you is Ally’s three driving promises: Pay nothing if you lose;Application turnaround in 24 hours or less; andA guaranteed best interest rate in the industry. Ally Lawsuit loans is the only pre-settlement funding company that brings such a strong guarantee to all our clients. If you don’t want to read through dozens of potential loan agreements and want to go with an industry-leading lender, Ally Lawsuit Loans has you covered. You might feel alone in your current legal battle, but you don’t have to be. You have an Ally in Ally Lawsuit Loans, so apply and get started today. 

Fair Rate Funding is a New Jersey based lawsuit loan company founded in 2007. They offer pre-settlement loans for people with pending lawsuits who need cash to meet their financial needs. They have their own underwriting process and provide clients with a wide range of cash advancement amounts, depending on the value of their case. Pre-settlement funding provides your money in exchange for part of your future settlement. If you settle your case, the company receives the portion of the settlement they purchased. However, if you lose your case, you don’t have to pay the company back. Fair Rate Funding offers low-interest rates for cases that are more likely to win, like rear-end auto accidents that cause an injury. In most situations, applicants receive approval and a cash advance within 48 hours. Fair Rate Funding also provides funding for almost every type of case, ranging from car accidents and medical malpractice to product liability and workers’ compensation. SourceYelpGoogleFacebookBBBConsumer Affairs Review Overview3 reviews → 3.5 out of 5 stars21 reviews → 4.6 out of 5 stars1 review → 5 out of 5 starsA+ rating, no reviewsNo reviews Some of the good things people are saying about Fair Rate Funding: They worked hard until I was able to get funded for the funds I needed. I researched all the major competitors. And, I would highly recommend this company over the other companies in the industry. EXCELLENT! Rebeca M. from California left a 5-star Yelp review in 2017 Awesome rates, good customer service and for being 6 hrs behind, Marjie and Paul were very helpful and straightforward. You guys helped me out tremendously and I really appreciate it. Evan T. left a 5-star Google review in July 2019. Some of the negative reviews about Fair Rate Funding: Funding was quick and fast. Fees were and are high including the sending fee which isn’t known until it’s deducted. Roscoe H. left a 3-star Google review in 2018. They are slow, annoyed by phone calls, and then use fraudulent info to deny just to get you an answer. Please use someone else. Tamara S. from Florida left a 1-star Yelp review in 2015. How Ally Lawsuit Loans and Fair Rate Funding Compare When searching for lawsuit funding, it is imperative to know all of your options. Here is how Ally Lawsuit Loans compares to Fair Rate Funding. Ally Lawsuit Loans Guarantees the Lowest Rate for Every Type of Case For many funders, the interest rate of a lawsuit loan depends on the nature of your case. In fact, Fair Rate Funding states that someone that sustains injuries in an auto accident will have a loan with a lower interest rate than someone who slips and falls. In contrast, Ally Lawsuit Loans guarantees the lowest interest rate in the industry for all case types. Both Funders Offer Risk-Free Lawsuit Loans Both funders offer risk-free loans regardless of the case. If you don’t win your lawsuit, then you do not have to pay the lender back for the loan.  Both Funders Approve Loans Within the Same Timeframe Fair Rate Funding claims that it has a 24 to 48-hour approval process. Afterward, they wire funds to the client within 24 hours. Ally Lawsuit Loans approves and distributes most loans within 24 hours, with very few exceptions. Neither Funder Performs a Credit Check on Their Applicants Most lawsuit loan companies do not check your credit while reviewing your application for lawsuit funding. Both Ally Lawsuit Loans and Fair Rate Funding ignore credit during the application process. Fair Rate Funding Offers Advances with No Maximum Depending on the value of the case, Ally Lawsuit Loans offers cash advances ranging from $500 and $750,000. Fair Rate Funding has a minimum of $500 advance but does not have an absolute maximum amount. Get a Lawsuit Funding Quote Today Contact Ally Lawsuit Loans if you cannot wait for your settlement. Our application is quick and easy. We guarantee the lowest rate for your case and approve most applications within 24 hours. Our loans are also risk-free; you don’t have to pay us back unless you win your case. Apply today for pre-settlement funding or call 800-760-0704 to learn more about lawsuit loan solutions.

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.

Momentum Funding has a team with over 40 years of combined experience in legal finance and personal injury law. Their mission is to help personal injury clients find financial relief during the stressful and lengthy process of a lawsuit. Using an online application, clients are able to provide all the information necessary for the claims process and potentially can receive their cash advancement the following day. A job and credit are not required to be qualified for financial assistance. They provide non-recourse pre-settlement lawsuit funding and post-settlement funding to clients who are in lawsuits for personal injury or workers’ comp cases. If you lose your case, you don’t owe Momentum Funding anything. A few of the eligible cases they fund include automobile accidents, nursing home neglect, general negligence, and premises liability. SourceReview OverviewYelpNo reviewsGoogle50 reviews → 4.2 out of 5 starsFacebookNo reviewsBBBA+ rating, 9 reviews → 4 out of 5 stars Customers who had satisfactory experiences with Momentum Funding are saying: These guys are Awesome. My Family was in need of help and they got right on it. We had funds we requested in less than 24 hours. Very professional and caring company. A major blessing!In April 2018, Kiona J. gave 5 stars on the Better Business Bureau. On one occasion a team member stayed after hours on a Friday to make sure my client received their funds and then confirmed with me that the client received their funds.In August 2017, Javier H. gave a 5 star review. Without a doubt the most professional and respectable business I have dealt with in a very long time…In August 2017, Geoffrey P. gave a 5 star review. Unfortunately, there was also an unfavorable outcome for one customer: Shelley T criticized the company saying, Through Credit Karma I found that Momentum Funding ran a hard credit inquiry on me. I had just enough credit to get a non-secured credit card. Now I don’t. I never asked them for anything nor did I contact them in any way…Shelley T. left a 1 star review on the BBB profile page. Marsha M recently left an unfavorable review in August 2019 stating.. I called for addition funding in August 2019 instead of the eager cheerful rep as when I received the first loan, I ended up getting the phone hung up on me twiceMarsha M. left a 1 star review on the BBB profile page. How Ally Lawsuit Loans and Momentum Funding Compare When choosing a lawsuit loan lender, it is essential to shop around and compare your options. Here are some of the similarities and differences between Ally Lawsuit Loans and Momentum Funding. Ally Lawsuit Loans Guarantees the Lowest Rate for Funding In many situations, the rate of your lawsuit loan depends on the nature of your case. In contrast, Ally Lawsuit Loans guarantees the lowest interest rate in the industry. Momentum does not have a guaranteed interest rate for their funding. Both Lenders Offer Risk-Free Loans As with many lawsuit loan companies, both Ally Lawsuit Loans and Momentum Funding offer risk-free funding. If you do not win your case, you owe them nothing. Both Lenders Approve Applications Within 24 Hours Ally Lawsuit Loans and Momentum Funding approve applications very quickly. After each company receives paperwork from your attorney, it only takes 24 hours to receive funds in most cases. Neither Lender Requires a Credit Check Since lawsuit loan lenders purchase a part of your settlement, they don’t typically require a credit check. Ally Lawsuit Loans and Momentum Funding do not request a credit check when you apply for a loan. Ally Lawsuit Loans States Loan Amounts Upfront Ally Lawsuit Loans offers lawsuit funding ranging from $500 and $750,000, depending on the value of your case. Momentum funding does not explicitly state its funding range for typical cases. Get a Pre-Settlement Funding Quote Today Contact Ally Lawsuit Loans if life won’t wait for your settlement. We guarantee the lowest rate in the industry and a streamlined application process. Most importantly, our loans are risk-free; you don’t pay us back unless you win your case. Apply today or call 800-760-0704 to learn more about our pre-settlement lawsuit funding.

Peachtree Financial Solutions is a Pennsylvania based company that was purchased by J.G. Wentworth in 2011. Peachtree Financial provides a financial option to people who have been injured, or who have suffered a loss, by giving an offering upfront cash advancements. They will connect clients with companies who can provide the cash advancements, and the amount you’re eligible for depends on the estimated value of your case. Pre-settlement lawsuit funding on behalf of the company can provide you with money now in exchange for part of your future settlement- this is not a loan. These are non-recourse, so once your case is settled, the company receives the portion of the settlement they had purchased. If you lose your case, you do not need to pay the company back. Peachtree Financial Solutions is able to offer a quote in as little as 48 hours after the application has been completed. In most cases, the client is able to receive their cash advancement in 1-3 business days, but it is a case by case scenario. Claims that are eligible to be funded include personal injury, premises liability, medical malpractice, and others. SourceReview OverviewYelpNo reviewsGoogle16 reviews → 4.1 out of 5 starsFacebookNo reviewsBBBA+ rating, no reviewsConsumer Affairs60 reviews → 4.9 out of 5 stars Some of the good things people are saying about Peachtree Financial Solutions: Really fast and great customer service! Will always go the extra mile to make sure you’re taken care of. Glad I went through peach tree for my 3rd transaction. Highly recommend! Jordan Lavalley left a 5 star Google review in 2018. Low initial offer but was able to match competing offers…Communication was easy and so was the process. Pleasure to work with this organization.Crystal from Windsor, CT gave 4 stars in a Consumer Affairs Review from her experience in February 2019. However, there were also customers who were not pleased with their encounters: Called and they were very rude and no help to me. Never called to let me know they have closed my case down.Kollisha left a one-star review on Google in May 2019 Charge loan shark rates, and take too many monthly payments. Take advantage of people… Alexander from Pslucie, FL. left a 2 star review in Consumer Affairs. If you are not eligible for funding, they won’t call you nor email and let you know. I would advise you to do business with another company. Strange.Charles of Laveen, AZ, wrote in a review from December 2018. How Ally Lawsuit Loans and Peachtree Financial Solutions Compare It is essential to compare all of your options when searching for a lawsuit loan. Here is how Ally Lawsuit Loans compares to Peachtree Financial Solutions. Ally Lawsuit Loans Guarantees the Lowest Rate in the Industry For many lawsuit loan providers, the interest rate of a loan depends on the nature of your case. Ally Lawsuit Loans guarantees the lowest interest rate in the industry for your case. Peachtree Financial Solutions does not explicitly guarantee the lowest interest rate. Both Companies Offer Risk-Free Loans Both companies offer risk-free lawsuit funding. If you don’t win your case, then you do not have to pay back the loan.  Ally Lawsuit Loans Approves Applications Faster Peachtree Financial Solutions provides clients with an approval notice within 48 hours. However, once the client accepts the offer, it may take 24 to 72 hours to receive the loan depending on the case. In contrast, Ally Lawsuit Loans approves and distributes most loans within 48 hours. Neither Company Performs a Credit Check on Applicants Neither Ally Lawsuit Loans nor Peachtree Financial Solutions check your credit while reviewing your loan application. Both Companies Offer Similar Loan Amounts Ally Lawsuit Loans offers lawsuit loans ranging from $500 and $750,000, depending on the case value. Peachtree Financial Solutions provides loans between $300 and $750,000 in most cases. Get a Lawsuit Funding Quote Today Contact Ally Lawsuit Loans when life won’t wait for your settlement. Our application is a breeze. We guarantee the lowest rate in the industry and qualify you within 24 hours. Our risk-free loans also offer you peace of mind; you don’t have to pay back your loan unless you win your case. Apply today and relieve some of your financial stress or call 800-760-0704 to learn more about our pre-settlement loans.

The Legal Funding Group, LLC has professionals specializing in pre and post-settlement funding to create a personalized experience for clients. Their funding resources allow them to offer pre and post-settlement funding in as little as 24 hours after the application has been submitted. They will work with your attorney to gather information to provide fast cash advancements for people in need. Their underwriters will review each case carefully to make sure you’re taken care of. The types of cases The Legal Funding Group can fund include: motor vehicle accidents, workers’ comp, and wrongful death or other personal injury claims. Often times when people are injured they are set back financially and this can create a huge amount of stress during their lawsuit. Cash advancements can help clients can focus on recovering from their injuries, and not stressing over the financial obligations. SourceReview OverviewYelp1 review → 1 out of 5 starsGoogle4 reviews → 2 out of 4 starsFacebookNo reviewsBBBC rating, 1 review → 1 out of 5 stars Some of the good things people are saying about The Legal Funding Group, LLC: Excellent courteous help. I was funded in less than 24 hours. Due to a violent assault I lost my job and my health. This was the most reasonable price, and saved me until the trial is over. Thank you so very much!Anita Kernacs was pleased with the experience and gave a 5 star rating in 2018. Unfortunately, there were some unfavorable outcomes for a few customers: The Better Business Bureau gives The Legal Funding Group, LLC a “C” rating. Very rude people and poor customer service..not helpful at all.Jameka Bethelm, a previous customer, left a 1 star review in February 2019. I wish I would have checked on here before choosing them. Really awful service. They charge $100 for a wire transfer and more for money gram. That’s AFTER all the other fees and before you get the loan.Heather S. left a 1 star review on The Legal Funding Group’s BBB page.

Case Cash has been in business for the past 15 years and aims to provide financial freedom for plaintiffs to move on with their lives as their lawsuit case is ongoing. People who have been injured are often left unable to work and the increasing financial burden can be extremely stressful. By offering cash advances based on the potential of the pending lawsuit, clients are able to pay bills and get back on their feet even if they are unable to work. Often times, receiving a pre-settlement loan can give the client some more time to pursue their case, which could end in a higher settlement amount. Pre and post-settlement advances are offered which can have same day approval for clients in need, and if the lawsuit does not reach a settlement, the plaintiff will owe Case Cash nothing. SourceReview OverviewYelp2 reviews → 3 out of 5 starsGoogle22 reviews → 4.3 out of 5 starsFacebookNo reviewsBBBNo reviews Some of the good experiences people had with Case Cash, LLC This is a GREAT office. The process is very quick and easy… Alana G. from New York, NY rated the company with 5 stars in March 2015 in a Yelp review. Help me a lot during my case. Great place, great front desk workers- they all need raises. J. Braxton gave 5 stars in November 2018 in their evaluation. Customers who were not pleased with their experience are saying: They really really take a long time to approve anything. Dee Perri left a 3 out of 5 star review in February 2019. The worst receptionist ever, will never deal with them again, very unprofessional and extremely rude.Ramsey S. from Manhattan, NY left a 1 star review on Case Cash LLC’s Yelp page. It took them two months! to make a decision on a very small loan on a settlement already paid off, but being held for a transferred into a trust account…Maritza P from Bronx, NY left a 1 star review on the company’s Yelp page. How Ally Lawsuit Loans and Case Cash Compare When searching for a lawsuit loan, it’s important to compare your options. Here is how Ally Lawsuit Loans compares to Case Cash. Ally Lawsuit Loans Guarantees the Lowest Rate in the Industry While many lawsuit loan companies offer competitive rates, Ally Lawsuit Loans guarantees the lowest interest rate in the industry. In contrast, Case Cash does not explicitly guarantee the lowest rate but instead promises standard competitive rates. Both Companies Offer Risk-Free Loans Both companies offer risk-free lawsuit loans to their clients. If your lawsuit does not receive a judgment or settlement, you do not need to pay back the loan. Both Companies Distribute Loans Quickly Case Cash and Ally Lawsuit Loans distribute most loans within 24 hours. Ally Lawsuit Loans Approves Applications Faster According to reviews, Case Cash takes anywhere from 24 hours to 4 months to approve a loan application. At Ally Lawsuit Loans, most applicants receive a decision within 24 hours. Get a Lawsuit Funding Quote Today Contact Ally Lawsuit Loans when you need money to pay your bills while awaiting settlement. Our application is quick and easy. We offer the lowest rates in the industry guaranteed and most applicants qualify within 24 hours. Our lawsuit loans also come with a risk-free guarantee; if you don’t win your case, you don’t have to pay back your loan. Take the first step and apply today or call 800-760-0704 to learn more about our pre-settlement lawsuit loans.

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 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 funding 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.”