If you were part of a car accident that was not your fault and you suffered severe injuries, you are eligible to get car accident loans in North Carolina. People who suffer injuries because of someone else negligence can sue the party at fault. Going through legal proceedings will help you get fair compensation based on the damages you face. Since litigation expenses are very costly and the settlement can take months, you have to cover the bills in the meantime. Our pre-settlement loan can help you stabilize your finances while your settlement is still pending and there is no clarity on when you will receive the compensation.
Our company understands the financial pressure a plaintiff faces after a car accident. Covering medical bills, car repairs, and regular living expenses becomes tough during an ongoing car accident lawsuit. We have a decade of experience helping plaintiffs through our settlement loans. If you are one of those victims who suffered injuries because of a car accident in North Carolina, we can help you.
Here’s what sets ECO apart in offering legal funding:
- We make the loan process quick and hassle-free
- You get a non-recourse cash advance against your pending case
- We maintain great relationships with the best NC injury law firms
- We don’t put any hidden fees or upfront costs
Call 800-961-8924 to feel fully informed and comfortable about your options for a car accident loan in North Carolina.
Advantages Of Getting Car Accident Loans in North Carolina
When a car accident makes you unable to work for weeks or makes you permanently disabled, covering bills becomes tough. It’s understandable that medical bills or your day-to-day expenses start to pile up during the recovery process. Loss of a job can force you to consider other financial options such as credit cards, traditional loans, cash from friends, or pre-settlement loans. Here, we list some benefits injured victims can get from car accident lawsuit funding.
Pay Health Care Costs Without The Burden of Debt
After a severe collision, medical expenses can pile up shockingly fast. Even with decent health insurance, you’re often stuck covering deductibles, copays, equipment, specialized therapy, and more out of pocket. Turning to credit cards or predatory lenders leads to financial headaches. High-interest costs and payments you struggle to afford do more harm than good. A car accident loan gives you access to funds at reasonable rates to get the treatment you need without being buried in debt. Further, you can easily repay the cash advance only after you win the settlement.
Handle Regular Bills Until You Receive Compensation
On top of medical costs, there are still everyday living expenses like rent, car repairs, childcare, and groceries. When you cannot work because of accident injuries, these bills can quickly become a problem. Rather than falling behind and damaging your credit, a car accident loan can also help you cover these costs until you receive compensation for the damages. This prevents late fees, power shut-offs, and repossessions.
You Can Get Cash Quickly In Comparision To Other Methods
We know that when funds are tight, you need money deposited quickly. Therefore, car accident lawsuit funding is a financial help you can get more quickly than any other way. If you have been a victim of a car accident in which you are at no fault, you can expect to get cash in less than 24 hours of approval. After you apply for a cash advance and your attorney shares the case-related document, our company generally takes only 1-2 days to approve. After you finalize an agreement with us, you can get cash in 24 to 48 hours. Our company understands delays only add more stress, so we do everything to expedite the process.
Loan Amounts Up to $100,000
You can get car accident settlement loans between $500 and $100,000 based on the merit of your lawsuit. Whether you need a couple thousand dollars right now since you need immediate medical care, but your case is still in court, we can help you. The loan amount you can get from our company depends on the strength of your case. Further, the severity of the injury is also a deciding factor. The higher the expected settlement amount of your case is, the higher the cash advance you can get.
Only Pay If You Win The Case
The most exciting feature of a North Carolina car accident loan is its non-recourse nature of financing. Here, you will receive the funds based on the merit of your lawsuit. Therefore, if you win the case, you repay the loan, but if you lose, you will owe nothing to the lender. This makes it completely risk-free for the plaintiff who needs urgent money to cover their expenses while in the middle of a car accident claim. Further, this will give you comfort as you are not raising any debt, which you can’t repay since your future settlement will take care of the lawsuit loan that you are getting now.
North Carolina Car Accident Lawsuit Loan Process
To get a cash advance against your car accident requires that you are the victim who suffered injuries during the car accident caused by another driver’s negligence. You must have a pending court case in North Carolina; only then will you get a car accident loan in NC. Furthermore, an attorney must represent your case in court and work on a contingency fee; you can only become eligible to get a car accident cash advance. Since our company directly deals with attorneys to get the lawsuit details, attorney consent is necessary to get a pre-settlement loan in North Carolina.
Let’s now check the application process that you need to go through to get the funds for your pending lawsuit:
- You must apply online by filling out some basic information such as contact details, attorney contact, case type, and required amount.
- Our team will contact you and your attorney to understand your lawsuit. We will ask for case-related documents, police reports, and medical reports.
- After we receive the required document, our lawyers will determine the strength of the case, and based on that, we will draft the loan amount and contract.
- If your case is approved, we will send you the funding agreement, which you and your attorney must sign.
- After the agreement process is complete and we receive the signed copy, we will transfer the money in less than 24 hours.
Get Cash Now For Your Pending Car Accident Case In North Carolina
It is really easy to get a cash advance against your lawsuit if your case is strong and you are willing to share a portion of your future reward with us. Our company funds plaintiff claims if they suffer from a car accident and the case is still in court. With the pre-settlement loan, you can take care of the pending expenses related to the lawsuit.
Often, people forfeit their case or settle for low value if they don’t have to cover the litigation expenses. Now, with car accident loans, you can quickly turn the tables. Get the cash now, keep fighting until you win, and pay us back once you win the settlement. Also, you don’t have to worry, even if you lose the case, you don’t have to repay, so why not get a fair chance of getting settlement without any risk. Just apply and get the financial support you need to continue your quest for justice.