Why You Should Use Pre-settlement Advance
Because most lawsuits usually take months or years to settle, most of these people often find themselves in dire need of cash, pushing them towards settlement advances. Instead of reaching out to the insurance company and settling your case for a small amount, you can use settlement advance to cover the expenses while you patiently wait for a fair settlement. Besides being easy to apply, there are so many other important reasons to choose settlement advance instead of settling for a smaller amount. You should use settlement advance cash for the following reasons.
You can use the settlement advance cash you get to cover any of your expenses; it is unlike loans from traditional financial institutions are that are granted for a specific purpose; utilities, living expenses, and medical bills are some of the things you can pay for with the cash you get. Settlement advance loans are a great way of managing your bills while waiting for a settlement because they are non-recourse; you only repay the loan if you win the case. An advantage of settlement advance cash is easy qualification provided you meet their two requirements.
One thing that differentiates settlement advance cash from other loans you have taken before is flexible repayment terms; no one will pressure you to pay back the money before you pending lawsuit is a settlement. As long as you have a pending personal injury or corporate claim caused by another person’s negligence, you will qualify for a settlement advance loans without the lender verifying your income.
With the cost of medication skyrocketing and medical bills piling up fast, most people are usually unable to cover the medical bills after an accident, this is where a settlement advance loan comes in to help. Settlement advance loans is the fastest way of obtaining the cash you need to cover various expenses so you are not tempted of settling for a smaller amount with the insurance company.
Perfect credit is not necessary for lawsuit cash advance qualification; provided you have a pending personal injury or corporate claim, you can qualify for a lawsuit advance cash whether you have a bad, no, or food credit rating. If you think applying for a settlement advance is dominated by paperwork like a bank loan, you couldn’t be more wrong; you can apply for the loan from the comfort of your house. The advantages of pre-settlement advance include the ones highlighted above.