auto accident lawsuit settlements

September 26, 2008

Auto Accident Lawsuit Settlements

If you are currently expecting an auto accident lawsuit settlement, there’s a good possibility that:

  • You will have to wait longer than expected to get your settlement.
  • Due to circumstances related to your injury you could be out of work and in need of financial support.
  • You could be in need of a lawsuit loan on your auto accident.

As more and more people discover the advantages of lawsuit loans, it is becoming one of the best ways to stay financially stable during a stressful lawsuit.

How much can somebody get approved for lawsuit loan on an auto accident lawsuit for?

Well, I’ve seen somebody get a loan for $400.  We’ve also funded somebody who was approved for $400,000 but took $300,000 because that was all they needed.

We are lawsuit loan brokers.  Believe it or not, there is a major advantage to using a brokerage company like ours.

For example, if you were getting any other loan (for a home, car, equipment, etc) you would not deal directly with the lending institution.

Even if you got a loan from your bank’s location, the money that is lent is coming from a completely different bank.  There is always a broker involved.

The job of a broker is to represent the customer to get the best setup for him as possible.

There are hundreds of lawsuit loan companies.  For any one person to try to apply to half a dozen of these can be a real headache.

All the companies offer so many different things.

  • While six companies in a row might decline you, the seventh one might loan you $10k.
  • You might get approved for 70% interest every six months at one company, but only 20% interest every six months at another company.
  • If you are looking for a large sum of money, I have seen “the largest lawsuit loan company” approve a plaintiff for $50,000 and a much smaller company that doesn’t advertise directly to plaintiffs approve that same case for over $250,000—at a lower interest rate!
  • While lender may not lend to cases in your state, another one might.

You see, they all have different policies and experiences, so it’s difficult for plaintiffs to know where to apply.

And if you try to apply at multiple companies, get ready for your law office to be a bit annoyed.  They will be getting calls from multiple companies and having to send faxes all over the place.

With the years we have in this industry, we know the best lenders for each type of case in each state.  After all, we have a long history and a database to know which lender will give you exactly what you’re looking for.

If you are looking for:

A low interest rate—there is one lender who lends at rates of 1% per month if your case qualifies.
A lot of money—there’s another lender that you’ve never heard of (because they don’t advertise) that will lend up to $2 million.  And they don’t just say that like the other “big companies”.  I’ve seen them make some VERY large loans.
A balance of the two—we have another lender that we feel is a good balance between high approval and reasonable interest rates.  In fact, when we give our customers the option, they often choose this lender because it works the best for them.

But, remember, there is no loan too small for us.  While we love to fund huge cases, we know that anybody who calls us needs our help—even if it’s only for $500.

We do small cases all the time.  Even though our commission on these cases is small, doing them in quantity adds up and sometimes this small amount of money can really make a difference for people.  The testimonials we get in are well worth it!

Give us a call today at 888-536-1323 and we’ll help you on your way to a lawsuit loan!

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