Borrowing against personal loan rock hill sc 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. Earnest personal loans 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 medical bills or the loss of income after an accident, the thought of getting money from a lawsuit right away can be enticing. But, is it in your best interest to borrow against a future settlement or judgment. How Lawsuit Lending Works.
VAT R22. Interest R 17. Total costs R 199. Please note: Admin fee is a card related fee. In line with our transparency policy and to avoid misleading we included it in the total costs. APR excluding Admin fee is 103.
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