Ally Lawsuit Loans is an industry leader in Tennessee lawsuit funding.
Every day, our pre-settlement loans in Tennessee help people ensure their financial security while the legal process runs its course.
The process that goes into filing a lawsuit, settling the claim, and everything in between represents a time of uncertainty for many.
With that said, our Tennessee lawsuit settlement loans help alleviate some of that uncertainty.
As the lawsuit funding industry is a small but growing one, we typically field a lot of questions from prospective clients.
We put this piece together to answer some of the most frequently asked questions so that you have all the information you need before you commit to a lawsuit loan.
What Is a Lawsuit Loan?
A lawsuit loan is a unique type of loan designed specifically for individuals who file a civil claim but have yet to settle the claim.
While the legal process runs its course, you may face a degree of financial uncertainty. Still, you have bills that are due. You may even have extra bills during this time, which adds yet more strain and stress.
With financial strain, you may feel tempted to accept settlement offers that don’t actually cover all of the damages you suffered.
You may feel like you have two bad choices in that situation. Either you can:
- Accept a subpar settlement or
- Fight your case to the end.
If you accept a subpar settlement, you are left worse off than you were before the incident. You recover some money, but not what you need and deserve. Still, you can pay some of your bills now.
If you fight your case to the end, you may get a better settlement, but you have to wait for your compensation. But waiting means that the interest that compounds on top of your bills will eat into your settlement.
Either way, things are less than ideal. In both cases, you end up worse financially than you were before.
Another Option: Pre-Settlement Funding from Ally Lawsuit Loans
With pre-settlement funding from Ally Lawsuit Loans, however, you have another option.
With a Tennessee lawsuit cash advance in your pocket, you can take care of bills as they come due while also fighting your case to its best conclusion.
That way, you recover everything that you are due without losing excessive amounts to interest payments.
What Can I Use My Lawsuit Loan For?
Like many other loans, you can spend your lawsuit cash advance however you wish. You can buy groceries, pay medical bills, fix your car, or cover other expenses.
It is entirely up to you. We do recommend, however, that our clients take care of any high-interest bills as quickly as possible to get the most out of your lawsuit loan and eventual settlement.
Ready to Get Started?
If you are ready to apply for your Tennessee pre-settlement loan, Ally Lawsuit Loans has you covered. As an industry leader, we offer a unique three-part guarantee that sets us apart from the competition.
Our promise is this:
- If you lose your case or fail to settle out of court, you owe us nothing;
- When you apply, we’ll have your application back to you in 24 hours or less; and
- We offer all of our clients the lowest rate in the industry guarantee.
Those three simple promises make up our guarantee to you. Those promises aside, once we approve your application, you can have cash in your pocket in as little as 24 hours.
That’s just 48 hours from start to finish. Get a loan to help you through the trying financial times of civil litigation, but don’t just get any loan.
Get a risk-free lawsuit loan from Ally Lawsuit Loans. Apply today!