Car Accident Loans
Automobile accidents routinely end with major injuries, lifelong disabilities, debilitating pain, fatalities and serious medical complications that can completely derail your life and your finances. The good news is that injury victims can now get fast, affordable car accident loans from Lawsuit Loan HQ and receive the immediate financial assistance they need.
Loans for car accident victims can help clients regain their financial footing before their cases settle. Injury accident loans are an innovative financial tool that can put the cash you need in your hands so you can get caught up on bills, fix your vehicle, stop an eviction or foreclosure and pay for rent, living and medical expenses and anything else you might happen to need while you wait for attorney to settle your case.
There are many different types of motor vehicle accidents but they all share a lot of the same financial hardships, physical and emotional injuries and the mental anguish experienced by so many victims and their families.
Regardless whether an injured victim was the driver or passenger inside the vehicle during the accident, or even if they were a pedestrian outside the vehicle, a large percentage of the physical and emotional injuries incurred in auto accidents tend to have life-altering effects. If waiting 1 to 3 years for your attorney to settle your lawsuit isn’t something you can afford to do, then a car accident loan might just be the best option for you.
Traditional bank loans require good credit, a solid income and employment history, monthly payments and a large, unencumbered piece of real estate collateral; usually your house. When banks won’t help you, LLHQ’s loans for car accidents can be a real lifeline for motor vehicle accident victims.
The best part about a car accident loan? You repay NOTHING if you end up losing the case. At Lawsuit Loan HQ, auto accident lawsuit loans are 100% risk-free.
Auto accident loans: Do I qualify for an advance?
The qualifications for an auto accident loan will vary depending on the severity of your injuries and the specifics of your case. Every lawsuit funding company will have it’s own specific underwriting requirements. The biggest concerns from an underwriting standpoint are clear liability against the defendant, serious injuries and sufficient insurance coverage in place at the time of the accident.
With very limited exceptions, plaintiffs who were involved in almost all motor vehicle accidents that were caused by another person who was insured and that resulted in death or serious bodily injury are normally pre-qualified for a lawsuit cash advance through Lawsuit Loan HQ. And if you have already received a cash advance from another pre settlement funding company, we can very often pay that advance off and provide you with additional funding.
LLHQ routinely provides lawsuit funding on injuries from these kinds of motor vehicle accidents:
- ATV | Off-road
- Boat and personal watercraft
- Commercial vehicle accidents
- Distracted driving
- Drowsy driving
- Texting and driving
- Impaired driving
- Drunk driving | DUI | DWI
- Motorcycle accidents
- Pedestrian Injuries
- Bicycle accidents
- Public transportation
- Bus accidents
- Taxi accidents
- Train wrecks
- Subway accidents
- Ride-sharing (Uber & Lyft)
- Truck accidents | Tractor trailer accidents | 18-wheeler accidents
Assuming there is insurance coverage and you have already retained an attorney, you should qualify for a car accident loan if you have suffered any of these (or more serious) injuries:
- Broken bones | fractures
- Bulging or herniated discs
- Catastrophic Injury
- Burn Injuries
- Crush Injuries
- Spinal Cord Injury
- Traumatic Brain Injury
- Head, neck or serious facial injury
- Injuries requiring surgical intervention
- Torn muscles or ligaments
- Serious joint injury or tear
- Soft tissue injuries (some)
- Paralysis | quadraplegia
- Wrongful death of a loved one
Car accidents account for an enormous amount of death, injuries and suffering each year. According to the National Highway Transportation Safety Administration (NHTSA) there were 47,402 traffic-related deaths in 2016. In addition, the Association of Safe International Road Travel (ASIRT) reports that 2.35 million people are injured or disabled in motor vehicle accidents in the United States each year. It goes on to report that road crashes cost the US a staggering $230.6 billion per year. Whether you get seriously hurt or lose a loved one, the consequences of a traffic accident could change your life forever.
If you’re still unsure if your specific injury qualifies for funding, just call Lawsuit Loan HQ and one of our friendly representatives will be happy to discuss it with you.
How can a car accident lawsuit cash advance help me win a larger settlement?
In order to receive the maximum compensation available for your injuries, your lawyer is going to need one thing: time.
Attorneys will need sufficient time to discover, gather and prepare all evidence, all available insurance policies, witness statements, medical records, interrogatories, depositions, paperwork and court filings necessary to either settle or take your case to trial. Under normal circumstances, that could take a year or longer and the truth is, many serious auto accident claims take from 2 to 3 years to settle.
Without receiving a cash advance on their car accident lawsuit, most average Americans will deplete their savings in a few months and be unable to wait that long because of disrupted income, additional accident-related expenses and unrelenting financial pressure.
Insurance companies are in the business of loss mitigation and damage control and despite the friendly advertisements, they are not your friend. Their primary objective is to pay plaintiffs the absolute least amount possible and many will attempt to take advantage by giving cash-poor accident victims a “low-ball offer”. In other words, an exceptionally low settlement offer in cash, very early in the case (often while you’re still in the hospital and often while the full extent of your injuries and required treatment has not yet been determined) in exchange for a fast settlement and a full release of liability.
Many unsuspecting accident victims succumb to this tactic – only to regret it later – because they felt they needed the money and were unaware they had a choice.
Luckily for plaintiffs, a car accident settlement advance from Lawsuit Loan HQ is designed to prevent that exact scenario from ever playing out. By providing you with the cash you need to pay your bills and medical expenses, you will eliminate financial stress and uncertainty and along with it, the need to settle your case early for less than it is actually worth.
The sad truth is that many cash-strapped plaintiffs are forced to settle early for much less than their case is worth simply because of mounting financial pressure. It it can be the difference between settling for a few thousand dollars and a half million dollar settlement or more. While that is great news for insurance companies, it can be disastrous for accident victims and their families.
The only surefire way to make certain that you are fairly compensated for your injuries and all of your current and future medical bills are going to be paid – possibly for the remainder of your life – is to stay in the fight, never cave to insurance companies’ delay tactics and give your attorney the time they need to negotiate the maximum settlement possible. A pre settlement cash advance on your auto accident lawsuit settlement has the power to do precisely that.
Think of it this way; the only real leverage or power an insurance company has over you is time and money. If they are liable, they’re going to pay you eventually; it’s just a matter of when and how much. A car accident settlement advance from LLHQ deprives the insurance company of that leverage and transfers the power back where it belongs – to you and your attorney.
How to get lawsuit settlement funding for your auto accident case
After you have determined that car accident lawsuit funding is the right move for you, your next step will be to decide on the best lawsuit funding company to help you. Lawsuit Loan HQ has been in the legal funding business since 2003. In addition to more than a decade and a half of experience, we deliver a host of valuable benefits for injured car accident victims, unrivaled in the industry:
- We offer some of the absolute lowest rates in the industry; guaranteed
- No monthly payments, no hidden fees and no upfront or out-of-pocket costs
- 100% risk-free; you ONLY repay if you win your case
- Our friendly, experienced staff is ready to help you and answer your questions 24/7
- Lawsuit funding processing that is 2nd to none; 24-48 hour cash transfers
- Nationwide availability; we offer funding in almost every state in the US
Our helpful, dedicated, highly-trained staff is standing by to take care of your car accident funding needs now.
Our approval process has been designed specifically to make it easy on you. You’ve gone through enough already, so let us help you. It only takes a minute to complete our online application, or if you prefer, just give us a call and we’ll take your information right over the phone and get you the cash advance you need right now.
When you trust Lawsuit Loan HQ for your car accident loans you can expect low rates, fast cash and the best customer service in the business.
Apply now or give us a call at (877) 932-2628 today.