How our loans work. You apply online. Its easy to apply for a cash loan online. You can use your computer, smartphone or tablet. It only takes 5 mins. We check confirm. We do a quick check on the information you have submitted to make sure were lending you the right amount and it meets your needs. You are approved. E-sign documents to accept your loan offer and get cash directly deposited in as soon as the next business day.
Loans for Any Reason.
These advances are known by many different names, including: lawsuit loans lawsuit cash advances litigation financing lawsuit funding, and settlement funding. But tread carefully before you jump at lawsuit funding. Borrowing against a future settlement or judgment can help you deal with short-term financial hurdles but may cost you a lot of money in the long run.
Make sure you do your homework and understand the cost of getting a lawsuit loan. Lawsuit Loan Advertisements. Perhaps youve seen the advertisements on daytime TV. A smartly dressed executive promises that you can have your money NOW if you cant wait until your personal injury suit settles. Lawsuit loan companies market mainly to plaintiffs in personal injury suits, like traffic accidents, slip and fall cases and medical malpractice.
Some lenders also lend money to heirs waiting for settlement of a deceased persons estate or to plaintiffs in employment or civil rights discrimination suits.
For someone facing high personal loans for credit score of 530 bills or the loss of income after an accident, the thought of getting money from a lawsuit right away can be enticing.
Tip: At the end of the day, make sure assets are in personal accounts and seasoned long before applying for a mortgage. And do your best to limit account activity during that time. It makes life easier for everyone. About the Author: Colin Robertson. 174 Comments. I have a conditional approval for an FHA mortgage loan.
I deposited cash in my account that the underwriters are requesting a paper trail for. This money was from repayment of a personal loan that I gave to my boyfriend in 2014. Any advice on how to handle this situation. Thanks in advance.
Lenders Disclosure of Terms. The lender you are connected to will provide documents that contain all fees and rate information pertaining to the loan being offered, including any potential fees for late-payments and the rules under which you may be allowed (if permitted by applicable law) to refinance, renew or rollover your loan. Loan fees and interest rates are determined solely by the lender based on the lenders internal policies, underwriting criteria and applicable law.
WhiteRockLoans. com has no knowledge of or control over the loan terms offered by a lender. You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you. Late Payments Hurt Your Credit Score.