What Are The Pros & Cons Of Pre & Post-Settlement Loans

When it comes to pre and post settlement lawsuit loans, there are so many things that are right and wrong for different people. There is never one concrete answer, but it ultimately comes down to what works for each individual person. It’s always great to have the option to get funding in the wake of something painful, unfortunate or otherwise frustrating happening. Thanks to lower rates than much of the industry, Delta Settlement Funding should stand out as one of the best options you have. That being said, there are still both pros and cons of a situation like this to consider. We broke down a handful of the best and worst things about lawsuit loans so that you can decide whether or not it’s something that’s right for you.


For most people who might be having a hard time with their monthly bills and then some, taking a lawsuit loan is in your best interest. It’s always one of the best options to have at your fingertips, so we broke down a handful of reasons why it should be your next move.

Help in Hard Times

First and foremost, it’s important to think about whether a loan like this is something that you need from a financial standpoint. Some people are left unable to work or with mounting medical bills that they have to deal with in the wake of the incident that led them to file a lawsuit. In those cases, taking out a lawsuit loan will help in the coverage of living expenses, rent or mortgage, car payments, and any ensuing medical bills that arise out of the issue. For applicants that are financially stable, able to continue working or have a large reserve of savings or outside help, a loan might not be needed. As much as loans like these can be helpful, it’s always important to consider whether or not you actually need it and how much you need. It’s in your best interest to stick to an amount that you will be able to reasonably carry into the future and go from there.

You Get to Negotiate Longer

Relying on when a settlement can be strenuous for a number of reasons. One, your bills will pile up as you wait for this lump sum to pay off your loan and two, it will become more and more time sensitive as time rolls on. This is negative for the simple fact that you are more likely to take whatever is offered to you the first time around, even if it is less than what you actually deserve. Having a lawsuit loan to fill in the blank in the meantime can give you more time to negotiate the settlement and give you a chance to end up with more in the end. The goal of any lawsuit and settlement should be to leave with what is a fair result, not just whatever is offered to you. By taking some of the financial stress away, you will be able to buy some time and some mental clarity to get the result that you deserve. The lawyer that you have chosen is there to fight for the best possible outcome, and not having those kinds of stressors will give them more time to do that, and you more time to decide which offer is right for you.

You Get Your Dignity Back

One of the best things about being able to have money to tide you over until your settlement clears is the dignity you get from not being backed up on bills. Lawsuits are stressful enough without the extra added financial aspect of it all, which is what makes this such a good thing. It’s always much better to have financial matters under control, even if you need a bit of outside help. This is especially true for those who are left unable to work as a result of their case.

You Are Approved in Minutes

With many traditional lenders, it takes quite some time to find out whether or not you will be approved for your loan, which is what makes Delta Settlements so unique. In just a matter of minutes, you will be able to find out whether or not you will qualify for a loan and be able to take it all from there. On top of that, the funding itself is fast as well. Once you have discussed the details of your case and they have been confirmed by your lawyers, you will be able to get funding in as little as 24 hours. If you are applying for a lawsuit loan, chances are that time is of the essence, so being able to be approved and funded in a day is one of the best parts of the entire process.


Lawsuit loans might be helpful to most, but they aren’t for everyone. It’s very important to consider the ways they might put you at a disadvantage. This is a decision that requires a lot of thought and a lot of details as well. We broke down a few reasons why you might not be the best candidate for a pre or post settlement lawsuit loan.

Not All Cases Qualify

One thing you have to think about is that not every kind of case is going to qualify for a lawsuit loan. Delta Settlements covers a pretty wide variety of loans, from personal injury to workplace disputes to labour lawsuits, product, medical device and drug malfunctions, and so much more. During the application process, you will generally find out whether or not the kind of case you have will work for the loan you want to apply for. The reason for all of this is that the lender has to be sure that yours is a case that can be won or that the already settled case is one that is likely to be paid based on the defendant. You might have to sift through a handful of lenders before you end up finding one that is willing to work with you and your case. It’s important to think about the realities of winning your case and whether it falls under the kinds of cases that are listed on the website. Sometimes, it’s important to know when your case is not one that is probable to win. IN that case, you might have to turn to more traditional lenders in order to stay the course of your case.

They Can Be Expensive

When it comes to some other lenders, the interest rates can sometimes be so high that you end up paying thousands more than what you borrow. As mentioned above, it will be imperative that you have an understanding of just how much money you need and borrow as much as you can afford to repay for a certain period of time. You never really know just how long the settlements will take, so don’t always assume that it will work itself out in a timely manner. That being said, Delta Settlements’s interest fees are some of the lowest in the industry but even still, it will be imperative to have a firm handle on paying them so that you don’t overwhelm yourself.

Apply For Your Lawsuit Loan Today

Once you’ve decided that a lawsuit loan is the right move for you, your next step is to head to our website or call us to apply. The whole process is very simple and you will be able to find out in mere minutes whether or not you are approved for said loan, as mentioned above. Most other lenders will send you through a much longer process to find out if you are even eligible for funding of any kind, and can deny based on a number of reasons. With Delta Settlements, you will at the very least find out as soon as you apply so that you have one less thing that you have to worry about.
To see if you qualify for a lawsuit loan, apply online.