Utah lawsuit loans – Get the money you need for your case
If you’re looking to get money to help with your lawsuit, pre settlement funding is an excellent option to consider. These loans can help you get the money you need in case of personal injury or property damage cases and other lawsuits related to employment, business disputes, and more. For example, suppose you were injured in an accident that wasn’t your fault. In that case, you may be entitled to damages that include compensation for your medical bills, pain and suffering, lost wages, and other expenses related to the injury.
What is a lawsuit loan?
If you’re going through a long-term court case and face financial hardship, you might want to consider a lawsuit loan. Lawsuit loans are not like other types of personal or business loans since they usually don’t require any credit checks or collateral. However, these cash advances can be used for more than just paying rent or keeping food on the table. Plaintiffs can also use a cash advance to pay filing fees, cover expert witness costs and even cover legal fees that aren’t covered by insurance. Although these cash advances aren’t ideal in every situation (they come with relatively high-interest rates), they can be beneficial in some situations—especially when it comes time to budget for expenses related to a court case.
If you are in the middle of a lawsuit and need some extra cash to cover expenses, lawsuit loans may be able to help you out. The great thing about these types of loans is that they can be approved quickly (in as little as 24 hours) and, unlike most personal loans, they don’t require any collateral or credit checks. If you are interested in learning more about Utah lawsuit loans, read on!
How are they different from typical cash advances?
Lawsuit lending is a lot like other cash advances, but there are a few key differences. The main difference is that with a typical cash advance, most lenders want something in return–like an item of collateral or repayment of another form of debt. There’s no collateral required with lawsuit lending, and they will give you as much or as little as they can be based on what they know about your case. Utah residents who have lost income through no fault of their own might be eligible for some help from these kinds of loans.
Cases We Fund in Utah
- Medical Malpractice
- Racial Discrimination
- Car Accident
- Product Liability
- Faulty Hernia Mesh Claim
- Juul Lawsuit Loans
- Slip And Fall Lawsuit
What can I use the money for?
In Utah, plaintiffs are not allowed to use lawsuit cash advances for their attorney fees. They must be used solely for things like medical bills, past due rent or mortgages, and other necessities. You can use a portion of your loan payment or settlement proceeds as operating capital to get back on your feet financially; just make sure you budget wisely.
What is the interest rate of Utah lawsuit loans?
One of the great benefits of Utah Lawsuit Loans is that they come with the lowest interest rate. The loan interest rate are mostly between 10-18%, depending on the case strength.
How long does it take to receive my funds?
Typically, cash advances are disbursed within 24 hours of being approved. A lot of individuals choose to have a portion wired into their checking account or a portion mailed to them via check. Our pre-settlement funding process is simple and fast, but some borrowers prefer having a choice in how they receive their funds. Call 800-961-8924 today to speak with an agent and learn more about our suit loan options.