Are you struggling financially as you wait for your car accident lawsuit to settle? If so, you can seek fast financial help by applying for a pre-settlement car accident loan in Nevada.
When you’ve been injured in a car accident because of someone else’s negligence, filing a lawsuit is often a great way to recover compensation. A financial settlement can help you pay for your medical expenses, lost wages, property damage, and pain and suffering.
But lawsuits take months and sometimes years to settle. What do you do in the meantime as your financial burden grows?
With pre-settlement funding, you can get money to pay your bills fast. At Money First Lending, our clients can even receive funds within hours. We understand how difficult it is for car accident victims to get by while they wait for justice to be served. It isn’t fair for you to have to face the financial consequences of your car accident when you weren’t at fault.
With a Nevada car accident loan, you can get back on your feet and focus on your future as your lawsuit plays out. You shouldn’t have to wait for a verdict to begin your life again.
Car Accident Loans 101
Many victims of car accidents aren’t familiar with car accident loans. Unfortunately, those who don’t know what a car accident loan is think waiting for their settlement and suffering financially in the interim is the only solution. Victims can rack up a significant amount of debt after their car accident as they try to stay afloat.
A Nevada car accident loan from a non-recourse lender is a cash advance that doesn’t have to be paid back unless you win your case. You can borrow the money without worrying that you won’t have the funds to return it. While some lenders tack on a large interest rate to their loans, we charge a small one-time fee and an annual fee with our loans.
Is My Case Eligible for a Car Accident Loan in Nevada?
You must have an active legal claim to be eligible for pre-settlement funding after your car accident. We review each lawsuit for eligibility. It’s important for us to know how risky you are as an applicant before approving you for funding.
To determine whether your case is eligible for car accident pre-settlement funding, we’ll talk to you and your lawyer to assess factors like your percentage of fault in the case. We’ll also look at whether your case has strong evidence to support it. As long as you have a good chance of winning a settlement and we believe the defendant is able to pay you, you’re likely to be approved.
Our Car Accident Loan Application Process
Applying for a car accident loan in Nevada is easier than you think. You can fill out our online application form to begin the process. On the form, you must provide some basic information about yourself, your legal claim, and your attorney. From there, we’ll contact your attorney to discuss your case in greater detail.
Once we know that your attorney is on board with the loan payment plan and we believe your settlement qualifies, we’ll consider whether to approve your car accident loan and issue payment. If all goes smoothly, you can receive your money within as little as one day after applying. Some of our clients even get paid hours after applying.
Nevada Car Accident Loan FAQ
When you’ve never applied for a car accident loan before, it’s understandable to have questions and concerns. Some lenders can trick plaintiffs into high interest rates and further financial distress. At Money First Lending, we work hard to be transparent with the clients we serve.
We’ve answered some of the most frequently asked questions about the Nevada auto accident loan process below, but if you have other questions, contact us to learn more. We want you to feel comfortable receiving money from us so you can begin recovering from your accident with confidence.
Will I pay extra for getting my car accident settlement money in advance?
When we approve you for a car accident loan, we’ll discuss the terms of your loan agreement with you and your lawyer. Unlike many car accident loan companies in Nevada that can charge up to 40 percent annually on your loan, we don’t use interest rates. Instead, we charge a small one-time fee and an annual fee as payment for borrowing from us.
What if I need more money funded from my pre-settlement car accident loan?
If the amount of money we agree to lend you isn’t enough, it’s possible to take out more than one car accident loan. However, your eligibility will depend on each lender. The maximum amount of money you can receive in pre-settlement car accident loans in Nevada is $500,000.
Are some Nevada pre-settlement lenders better than others?
It’s up to you to decide which settlement lender is best for you and your legal situation. You can weigh your options and discuss these options with your lawyer. At Money First Lending, we strive to be the best pre-settlement lender in Nevada. We genuinely care about you and want you to feel financially confident as you make your way through the legal process.
Speak with a Car Accident Loan Company in Nevada
Getting injured in an accident might change your life forever. Not only can you suffer physically from what happened, but the financial aftermath can be brutal. Although fighting for a settlement can give you justice, it can take months or years to reach a verdict. During this time, you’ll be responsible for your everyday expenses on top of any added expenses from your injuries.
If you need money now to help you through this difficult time, you can apply for car accident settlement funding. As long as you have a strong chance of proving negligence and receiving money in your lawsuit, you’ll have a strong chance of approval for a loan. Within days, you can have cash in hand to pay your bills and make your recovery easier.
At Money First Lending, we’re focused on helping injury victims during the hardest times of their lives. When you need financial help, we’re here. And you won’t owe us anything if you don’t end up winning money in your lawsuit. If you’re ready to apply for a Nevada car accident loan, you can fill out our online application or call us at 702-623-3333 for more information.