No Middle Men – Like Other Lawsuit Loan Companies!
Many of our competitors offering lawsuit loans are simply lead generation website’s. This means they are lawsuit loan companies that receive your lead and shop around the deal. This can mean noticeable delays and unnecessary increases in costs! Don’t settle for mediocre lawsuit loan companies! Get the best lawsuit loan company available!
Lawsuit Loan Company for Settlement Advances
At Mayfield Settlement Funding, lawsuit loans are our business. How does Mayfield differ from other lawsuit loan companies? Our excellent customer support and extremely fast lawsuit loans funding allow us to meet your needs right away. No delays, fast (most in 24 hours – typically faster) – we have the best lawsuit loan team members waiting to work on your advance immediately!
How does a lawsuit loan differ from other common loans? Instead of a physical form of collateral to guarantee repayment, lawsuit loans use the money you expect to receive in your lawsuit settlement as collateral. (Request a no hassle case review) Individuals can quickly get the money necessary to pay medical bills and other expenses; this means no waiting for your settlement to be reached in order to get your money, which can take months or even years. Your lawsuit cash advance is easily repaid, as you only repay it once your settlement money begins being dispersed.Additionally, lawsuit loans help you avoid putting yourself in a precarious financial situation, because you only repay the money if you win your case. This is incentive enough for those who need money immediately and cannot afford to wait until a settlement is reached in order to receive payment. Since a lawsuit loan is only repaid in the event that you do win your lawsuit, you will not be burdened with the additional financial obligation of repaying the loan if for some reason you do not win your case.
How Lawsuit Loans Work?
Pre-Settlement Funding companies review the merits of your lawsuit very carefully before approving the loan, so when it is found that you qualify chances are high that you will win your settlement because we believe in your case! Because our lawsuit loans are non-recourse, you are not responsible for repayment of the loan should you lose your case for any reason.
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Lawsuit loans are advantageous for those who have been injured in car wrecks, in the workplace or elsewhere. Those who sustain serious injuries caused by negligence often face substantial medical expenses; these bills must be paid, but you may be unable to work because of your injuries. Consequently, an injured individual may be forced to bring suit against an insurance company or employer in order to get the money they deserve for their injuries. Money given through a lawsuit loan will help you pay additional medical expenses, household bills and other expenses that cannot be “put off” until your lawsuit is settled. Personal injury lawsuits often take months to settle; in the meantime, you could face insurmountable financial difficulties or even bankruptcy. Lawsuit loans help you avoid these situations.
Mayfield Settlement Funding is one of many lenders who offer lawsuit loans; some funding companies prefer to work with clients of certain attorneys or legal groups, while others work with any client in need of financial assistance. If you are interested in borrowing against your expected future settlement, your lawyer may recommend a specific lender that he/she has had a good experience with, one that is reputable and dedicated to saving you money through lower fees and interest rates. Lawsuit loans are our specialty, let us help you through what may be a tough and stressful time in your life.
Call us at (855) 851-5249 or visit our immediate service page to have one of our friendly Lawsuit Loans specialists assist you today.
Services rendered by Mayfield Settlement Funding are not to be considered lawsuit loans. The terminology “loan” and “loans” are not correct legal or financial terminology or definitions describing transactions that provide legal advances or legal funding. Loans require repayment, which is unlike legal funding. Legal funding only requires payment when the plaintiff receives a monetary award in their case and is disbursed out of settlement.
Rather than a physical kind of collateral to ensure repayment, lawsuit loans make use of the payment you anticipate to get in your lawsuit resolution as collateral. (Ask for a zero headache case evaluation) Customers can instantly obtain the funds required to pay off medical expenses or other bills; which means very little delays for your settlement to be made so you can have your funds, which may take several months or perhaps years. Your advance is quickly paid back, because you only pay it back when your settlement dollars starts being distributed. Furthermore, lawsuit funding help to prevent you from placing yourself in a grave financial predicament, since you only pay back the funding should you win your case. This is certainly motivation enough for individuals who require funds quickly and are not able to hold out until a resolution is reached to get payment.
No risk to you
Mayfield Settlement Funding provides pre-settment and post settlement loans that are different than traditional lending. The terminology “loan” and “loans” are not correct legal or financial terminology or definitions describing Mayfield’s transactions, we provide legal cash advances or legal funding. Loans require repayment, which is unlike legal funding which is non-recourse cash advance. Legal funding only requires payment when the plaintiff receives a monetary award or settlement of their case.