Car-accidents often results in serious injuries, devastating your physical, mental and financial situations. They don’t just affect your own life but also affect the life’s of your dependents.
More often than not, these accidents may cause you to lose your income. Incurring unexpected expenses like medical bills will only worsen your financial situation.
What is a Pre-Settlement Cash Advance Loan for Car Accident?
A Pre-Settlement Cash Advance Loan is a process that allows Personal Injury/Car- Accident victims to borrow money against an unsettled Lawsuit.
A lawsuit funding company buys your right to all or a portion of your lawsuit settlement in exchange for a cash advance that you receive while your case is still pending.
What are the Benefits of Pre-Settlement Cash Advance Loan for Car-Accident ?
HASSLE-FREE FINANCIAL OPTION:
A pre-settlement cash advance is a non-recourse advance. They do not require any credit checks. Your Credit Score is not a concern for the approval. No other pre-checks including income verification, no monthly repayments, no hidden charges or costs involved. The pre-settlement cash advance is solely based on the facts and circumstances of your case.
MONETARY HELP WHEN YOU NEED IT THE MOST:
Car-accident victims have may suffered injuries which may lead to loss of income. Medical bills will only add-up to the woes. A pre-settlement cash advance offers financial help when you need it the most. It helps you catch up with your living expenses, bills, loan repayments, etc until your case is settled and you can get back to work.
HELPS YOU GET THE TREATMENT YOU DESERVE:
Car-accident victims often require extensive and expensive medical treatment and care. The victim may not be able to wait for the lawsuit to settle and then take the treatment. The lawsuit funding can cover the cost of their treatment.
NO MONTHLY PAYMENTS:
The most important of all the benefits is that you do not make any monthly payments until your claim is settled. The funds are re-paid by your attorney from the proceeds of the settlement. In some cases, if you lose the case, you owe nothing.
To know more about Pre-settlement Cash Advance for Car-Accident victims, visit https://ezlegalfunds.com/