Advantages of Choosing a Slip Fall Lawsuit Loan
A slip and fall is a prevalent type of personal injury accident that, according to the Centers for Disease Control and Prevention, will affect more than one million Americans each year. This represents 15 percent of all job-related injuries and between 12 and 15 percent of all workers' compensation expenses. It is estimated that twenty to thirty percent of people who experience a slip and fall accident will suffer moderate to severe injuries.
Slip and fall accidents can happen anywhere, on the road, or on someone else's property, and can hurt you in the long run. While one might consider them random and not so trivial, a slip-and-fall accident can leave you incapacitated in the long run. It becomes important to file a slip and fall lawsuit if you have been an accident victim due to someone else's negligence.
However, it can take months or even years for a lawsuit to reach a decision. Meanwhile, you have to bear the expenses and also pay your bills. Instead, you can opt for legal funding for your slip and fall lawsuit.
Here we bring you 5 advantages of choosing a slip fall lawsuit loan: -
#1. This is not a traditional loan: There is no need to worry about your credit history or employment history. Legal funding is not like a traditional bank loan, and approval will only require information from your lawsuit.
#2. Quick Approval Times: Traditional loans can take months to get approved, unlike legal funding, which can also be approved in 24 hours! The procedures are short and do not require much verification. A short conversation with a company representative, as short as 5 minutes, will also suffice.
#3. No High-Interest Rate: Only a dedicated amount is paid out of your settlement, which is once you receive a settlement offer. You don't have to worry about paying more than you took for funding. There is no application fee or upfront fee either.
#4. You can use it anyway: You are not liable to justify your expenses. Once you have cash on hand, you can use it to pay your bills, rent, or medical expenses as you wish. The money can be used for any expenditure that you deem necessary.
#5. You pay only if you win your settlement: Most litigants are concerned that if they do not win their settlement, they will be in debt. This is not the case with legal funding, as you pay off your loan only after you have received your settlement and can make the payments.
Are you waiting for the verdict of your case? Do you need a legal grant?
Have you or someone you know been a victim of a slip and fall accident? America Lawsuit Loans offers slip fall settlement loans, which means you can get the same benefits by getting in touch with them today.