November 3, 2008
Car Accident Settlement
If you have a car accident settlement that you need a lawsuit loan and lawsuit funding for, you should know that there are many lawsuit loan companies out there that can help you. But if you don’t do the proper research, you may end up with one that you don’t want.
It’s important that you submit your case to multiple companies and get multiple offers on your car accident settlement. Why is that?
1. Every lawsuit funding company has different investors.
2. Every investor has a different idea of what is an “acceptable rate of return”.
3. Every lawsuit funding company has different underwriters.
4. Every underwriter has a different idea of what kind of case is “risky”.
Everywhere you go, you will get a different loan offer at a different interest rate.
Some companies like some cases more than others. Some prefer commercial cases. Others prefer auto accident cases. They are all different and will make offers differently.
At MyLegalAdvance.com, we don’t have any investors or underwriters to please.
Yes, we are brokers.
Yes, that means we get a broker fee from the lender.
But we’re not trying to please the lenders. They don’t send us any business, do they?
We’re trying to please our clients: plaintiffs and attorneys.
They are the ones who come back for more money when we give them excellent service and find the best deal for them and their clients.
They are the ones who send their friends to us.
And if you’re going to apply to multiple companies (as we’ve just decided you should do), there is no better way to do so than through us. We will handle all the paperwork for you and work with the top five lenders (three of the best don’t work directly with plaintiffs anyhow).
So, back to the point. Car accident settlements.
If you’ve got one, we can help you get a portion of your settlement advanced to you.
What are the terms of this, you may ask?
Well, it’s very simple:
1. You get up to 10% of your expected settlement.
2. There will be a monthly fee on the money of 1% to 3%.
3. You will not pay anything until you receive your settlement.
4. If your settlement never comes, you don’t pay anything. Ever.
It’s that cut and dry. Save the headache. Work with us and we’ll make you happy.
Filed under personal injury by Jason
Comments on Car Accident Settlement »
I am hoping to get some info. I was in an accident in May 2007. The woman (doctor’s daughter) hit me from behind while I was at a stop light and she was convicted of careless driving. I was out of work for a year, going to doctors. I am now in the process of settling. I have done the work myself and have no attorney. They have offered $82,000, but this is a low figure where the insurance company is not recognizing my entire time disabled. Ironically, it is right after the accident that we are in dispute, not the latter half time of my injury. I may be forced to get an attorney, because it is now going on 1 year and seven months since the crash. This has been expensive for me and now I feel they are dragging it out to make me settle for less. I am looking at options to wait out their dragging out process. I am interested in your insight.
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