How long does it take to get a settlement loan?
Settlement loans are usually processed with 4 to 6 weeks after the application. This depends on the type of case and the documentation available/information provided.
Factors that influence the processing time of a settlement loan.
Type of case certainly affects the availability and the duration of processing a lawsuit advance.
Car Accidents are the easiest cases to approve for a lawsuit advance. Car accidents when compared to other types of cases are well documented. Often there is a police report that clearly places the cause of accident on one of the parties involved in the collision. When applying for a settlement loan, it is critical to have some type of evidence that shows that the other party was responsible for the damages.
Police reports document extremely important information that settlement loan companies look for. What are the extents of the damages? Was the incident a major incident or a very minor event with no significant damages?
Car Accidents and Insurance:
Settlement loan companies know what level of insurance every registered car in a particular state must carry in order to comply with the law. The above reason articulates why car accidents are the easiest type of lawsuit to review for a lawsuit advance.
Because of the nature of these lawsuits, getting lawsuit funding is very accessible. A Lawsuit advance helps you get through the difficult times during litigation and provides you with financial leverage until settlement.
Getting a Settlement loan can be very helpful.
A Lawsuit advance on personal injury is an option for you. You get an upfront cash infusion of funds before your case settles. Once you case settles and you win, it is then that you pay off the amounts you owe. If you do not win, then you do not owe anything.
Basic documentation required:
- Incident/police/ambulance report
- Insurance carrier name and policy limits
- Medicals showing injury
- Copy of complaint or Lawsuit
Types of cases eligible for lawsuit funding:
- Car Accident Cases
- Car accidents are the most common type of personal injury cases in the United States.
- Slip and Fall Cases or Premises Liability
- Medical Malpractice
- Dog Bites
- Construction Accidents
Why choose EZ Legal Funds:
- Apply Fast Online or by Phone
- 24-hour Intake
- No Application Fee
- We Provide Cash While Your Case Settles
- Lowest Rates in the Industry! Apply Now
- Pay Us Only If You Win
- No Job Required
- No Hidden Fees
- No Monthly Payments
- No Credit Check
- Lowest Rates in Industry
Call (866) 581-8580