The immediate physical impact isn’t the only impact that a truck accident can have on your life. In fact, it is just the beginning. Depending on the crash, you might need surgery and even physical rehabilitation.
All the while, you might find yourself unable to work. That is why you file a claim for damages with the responsible party. Lawsuits can take up to a few years to settle, and bills still need to be paid.
So what do you do in the meantime? If you find yourself in need of financial help while your truck accident claim settles, a pre-settlement loan for truck accidents from Ally Lawsuit Loans is just what you need.
Frequently Asked Questions on Semi-Truck Accident Loans
If this is the first you are hearing of lawsuit loans, follow along with our frequently asked truck accident lawsuit loan questions. If you decide to take out a truck accident loan, apply today on our application page!
How Common Are Truck Accidents?
Truck accidents happen every day. Trucking is one of the primary means of moving freight in the US, so, naturally, accidents happen. 2018 brought 4,862 large trucks into fatal accidents on US roads.
. As a whole, 2018 saw over 600,000 large trucks involved in crashes: 112,000 of those crashes involved some form of personal injury.
What Is a Lawsuit Loan?
A lawsuit loan is a type of non-recourse loan. With a non-recourse loan, instead of using the entirety of your personal value as collateral, you use your future lawsuit settlement as collateral.
In doing so, you get a truck accident cash advance and can pay your bills as your case proceeds through the legal process.
How Much Do Lawsuit Loans Cost?
At Ally Lawsuit Loans, we don’t have a set rate. Instead, the rate can vary based on each individual’s needs.
However, with a truck accident loan from Ally Lawsuit Loans, you get our lowest rate in the industry guarantee. If someone else offers you a better rate, let us know and we will rectify the situation.
How Much Can I Borrow with my Lawsuit Loan?
The minimum amount you can borrow from us is $500, and the maximum is $750,000.
Not everyone qualifies for the maximum amount. The maximum amount you can borrow will depend on the size of your claim.
Can Anyone Get a Lawsuit Loan?
Lawsuit loans are typically open to anyone who is pursuing a legal claim with the help of an attorney. All you have to do to apply is give us your information and your attorney’s information.
We check in with your attorney, verify the details of your case, and approve your application. In most cases, you get your loan within 24 hours!
Can I Take Out a Second Lawsuit Loan?
If you already have a lawsuit loan but need more financial assistance, we can often help. As long as you haven’t taken out the maximum loan available in your case, we can always offer you a second lawsuit loan for your truck accident claim.
Speak with the Industry Leaders at Ally Lawsuit Loans
At Ally Lawsuit Loans we always strive to improve as an industry-leading lawsuit loan company. Between our lowest rate in the industry guarantee, our easy application process, and our friendly customer service representatives, our goal is to give you the best experience possible.
While your lawsuit proceeds, life does not wait. Bill collectors don't wait for your lawsuit to finish, and truck accident loans may save you from immediate financial distress. You may feel alone in this process, but know that you have an ally in Ally Lawsuit Loans.
Apply today for your truck accident lawsuit loan!