Being involved in a lawsuit is already stressful enough, not to mention the financial struggles that most plaintiffs face when they’re fighting for justice. Bills start to pile up, court expenses, filing fees, medical care costs, and there are living expenses too. The financial pressure rises and your case is still not close to settling. This very problem often prevents plaintiffs from continuing their legal efforts and getting fair compensation.
Lawsuit funding is a terrific opportunity for all struggling plaintiffs out there. It’s the financial help you need to cover the legal bills and make ends meet until a settlement is reached.
However, not all lawsuit loans are the same, just like not all lawsuit loan companies operate the same way.
When you’re struggling to get through the case and receive your settlement award, it’s not in your best interest to just apply for any loan at the first company you find. The obvious reason is that this can leave you with even more financial problems later. You need a lender that is legit and trustworthy, and not just a shady company looking to scam you.
Low-Interest Rate Loans
When seeking a lawsuit loan, you must take the time to research the numerous options available these days. There are many litigation financing companies but not all of them offer loans on the same terms. The terms may differ greatly from one litigation financing company to another. This is why it takes time to carefully review all these companies and their terms and conditions.
Your lawyer can be of great help in this endeavor. Legal professionals are experienced in these matters and are probably already familiar with most of these lawsuit loan companies. They can help you find the best option for your situation and avoid suspicious companies.
What do we mean by the best option? We mean a loan with the lowest interest rate on the market.
Why is this so important? You’re not obliged to return the money if you lose your case anyway!
Yes, that’s true, if you don’t win, you don’t repay the loan company. However, if you do win, then you will pay back the money you received plus interest. Evidently, the lower the interest rate, the more money there will be left for you once the case is settled and you receive the settlement.
Many lawsuit loan companies out there will try to obscure relevant information regarding their interest rates. They avoid giving you a precise number until you sign a contract. With time, the rate adds up thus creating a much bigger debt than you initially expected. This is one of the tricks they use to get clients to sign their contracts so be aware of this possibility. Read everything carefully and don’t sign anything until your lawyer advises you to.
You don’t want to pay back more than you should. No one does. At Rapid Lawsuit Funding, we are very upfront and transparent regarding our rates. There are no hidden fees and obscured details. We will explain things to the tiniest details to ensure that you understand what you’re getting into and that you feel safe. We are not like traditional lenders whose only interest is to get more clients.
Rapid Lawsuit Funding Offers the Lowest Rates
Some litigation financing companies are not considering their client’s well-being and financial situation. All they want is to trick you into signing a high-interest rate contract so they can make money off your case. That’s one of the reasons why so many people dislike the word “loan”. Fortunately, a lawsuit loan is not a traditional loan, and with us, there are no hidden fees and fine printing that hides relevant information.
Rapid Lawsuit Funding beats all the competitors when it comes to affordable litigation funding. We can offer the lowest rates in the market thanks to our business policy.
We regard your case as a potential investment opportunity and we only approve loans for strong cases. What does this mean?
It means that, because we only fund cases with clear liability and, therefore, great chances of winning, we can offer the lowest rates. We don’t just attach the same fixed interest rate to all the cases we fund. That would be unfair to our clients. We first analyze your case with our team of attorneys and your lawyer, and we determine how likely you are to win. A strong case means you get a lower interest rate.
This is the only criterion for determining the interest rate. We do not perform credit score checks or employment checks. We don’t invade your privacy like that, unlike traditional lenders such as banks.
All we care about is how strong your case is. Is there a clear liability? Is it clear that the other party is guilty of what you accuse them? If we determine that the answer is yes, we approve your loan with some of the lowest rates you can find on the market.
Our rates mostly range from 1%-3% depending on your case. If you are a plaintiff in need of a financial boost to cover your expenses, fill out our application form, and receive your loan promptly!
Apply For a Lawsuit Loan Today
We can’t guarantee that you will get a certain interest rate until we review your application and analyze your case with our team of legal representatives. So apply today and find out within 24h whether you qualify for a low-interest loan with us!
The best part is that you have nothing to lose. If you don’t win, you don’t have to repay us. You will only pay us back if you win a settlement. It’s that simple.
Additionally, you are not obliged to accept the offer we make. If you reckon that you need a smaller amount, feel free to say so!
The money can be in your account within 24h if you apply for a lawsuit loan today. We’ll wire the money or send a check if you prefer.
Rapid Lawsuit Funding has your back! testrichnescafe