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North Carolina Car Accident Lawsuit Loans: Get Urgent Funding You NEED

Being in an accident can be a traumatic experience, whether you’re the one who caused it or not. The car might have sustained significant damage, and your medical bills could be piling up too.

If you don’t have enough money to cover your expenses after an accident, don’t panic – there are ways to get the funding you need to recover from your injuries.

Whether you’re considering filing a lawsuit or want to take advantage of your insurance coverage, get quick access to cash after an accident that wasn’t your fault.

What is a car accident lawsuit loan?

A car accident lawsuit loan is a great alternative when you need money immediately after an auto accident, but you can’t get it from family, friends, or other sources.

These loans are designed specifically for people who have been in a car accident and have an open legal case.

Typically, they take 24-48 hours to be approved, which is perfect if you’re in need of immediate cash after your crash.

The application process takes only minutes, and there’s no credit check involved.

So why wouldn’t every person injured in a car crash apply for one?

That would only make sense if it were easy as pie, but unfortunately, that isn’t always true—and several other factors are at play here.

Who can apply for NC car accident lawsuit loans?

In short, anyone who has suffered a serious injury in a car accident can qualify for these loans.

For starters, you have to have been hurt in an accident that was not your fault.

Second, there needs to be some evidence that you are likely to get compensated as a result of your injuries (this is where things like medical bills and lost wages come into play).

To see if you might qualify for lawsuit funding, contact us today by calling at 800-961-8924 or applying online.

What is contingency fee financing?

Contingency fee financing is a loan that you take out against your future settlement or verdict. Basically, instead of paying back a bank, you’re paying back a personal injury attorney.

These loans are generally smaller in amount than what you’d be able to get through a bank (for example, instead of getting $50,000 in capital, you might only receive $15,000), but they’re much easier to get.

They can also help people who don’t have access to banks and their lines of credit or who otherwise find it difficult to get approved for loans from traditional lenders.

Do I qualify for car accident lawsuit loans?

It’s always a good idea to check whether you are qualified for car accident lawsuit loans.

Although lawsuits for injuries in automobile accidents may vary state by state, some standards must be met before you can receive these loans.

In most cases, you will have to meet certain criteria set by the lending company or organization; one of these includes needing medical attention right after your accident and being unable to work because of it.

If it is determined that you do not qualify, they might tell you that they can only offer other types of funding such as a signature loan or credit card with high-interest rates.

Don’t hesitate; contact them right away so they can let you know what other options are available.

Settlement funding company fees and rates

A pre-settlement funding company is a lender that provides personal loans and financing for individuals who are in need of money following an injury.

The lending company covers costs associated with your medical treatment, living expenses, and more so you can focus on healing.

While these services can be helpful, you should be aware that there is a cost involved.

After you agree to terms with a loan provider, they will charge fees upfront and typically demand repayment within six months, often after your settlement has been finalized.

However, suppose you’re injured in an accident where liability hasn’t been determined or insurance coverage doesn’t cover everything. In that case, funding could allow you to focus on recovery while keeping things afloat financially.

Apply Today For North Carolina Car Accident Loans

If you have been injured in an accident, you know how much it can hurt your wallet and your body.

You may need help paying your medical bills, but you don’t want to file for bankruptcy to do so either because of the impact that could have on your long-term financial health.

Fortunately, car accident lawsuit loans are available to help you cover living costs while waiting out the legal system.

Luckily, if your injuries have left you unable to work, resources are available to help with this.

Contact our team at ECO today, and we can provide you with helpful information about how to get the lawsuit loans that will give you the funds you need now so that we can fight for your rights later!

Get A Pre-settlement Funding Quote

If you are already in a lawsuit, then we can offer you lawsuit funding without any hassle.
CALL: 800-961-8924

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