Alabama Car Accident Loans

  • Get Cash as Soon as the Same Business Day
  • Rates as Low as 2.5% Simple, Monthly
  • Repay $0 if You Lose Your Case
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    What Are Car Accident Loans in Alabama

    A car accident loan, more appropriately termed legal funding, is a financial tool many plaintiffs use when faced with the burden of waiting for a car accident case to settle in court. These loans are designed to provide litigants like you the necessary funds to cover daily life expenses while your legal claim is in progress.

    Strictly speaking, car accident loans aren’t exactly loans. They are non-recourse cash advances based on the estimated value of your future settlement. ‘Non-recourse’ simply means that the company offering the funding, like, is only repaid if you win your case or achieve a settlement. If you lose, you owe nothing.

    Let’s see an example: Suppose you’re involved in a car accident in Alabama caused by another driver’s negligence. You may be dealing with medical bills, loss of income and other unexpected expenses. While waiting for your case to resolve, a car accident loan can provide you with immediate cash to cover these costs. This gives you breathing room and allows your attorney time to work on getting you the most substantial resolution possible.

    How Lawsuit Loans Work

    Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.

    Telephone Icon - Starting the process is easy, just apply online or call toll free

    Apply Online or Call Toll-Free

    Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.

    Review Icon - We quickly review your legal case.

    We Review Your Case

    Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.

    Money Bag Icon - Once we approve your case, you and your attorney sign the contract and you get cash the same day

    You Receive Funds

    You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.

    Key Information About Car Accident Loans in Alabama

    In Alabama, if you are involved in a car accident and have a legal claim to file, there’s financial help available while you wait for your case to settle. Car accident loans from allow you to access funds you need now, alleviating the burden of financial stress. Below are important details about car accident loans in Alabama:

    Average car accident loan amount by in Alabama $16,934.65
    Largest car accident loan by in Alabama $59,145.00
    Average interest rate in Alabama 19.2%
    Median personal injury verdict in Alabama $309,062.00
    Alabama statute of limitations 2 Years; Code of Alabama Section 6-2-30
    Alabama fault laws Alabama is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.

    Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

    Am I Eligible for a Car Accident Loan in Alabama?

    If you’ve been involved in a car accident in Alabama and have a pending lawsuit, you may be wondering if you’re eligible for a car accident loan. While every case is unique, there are some primary criteria that you’ll need to meet to qualify for a lawsuit loan from

    • Firstly, you must have a valid legal claim against an insurance company or a company that is self-insured. This simply means that you must have a legitimate case where you are seeking damages for your injuries and losses.
    • Secondly, you need to have an attorney representing you on a contingency basis. A contingency arrangement is where your attorney only gets paid if you win your case or get a settlement. This shows that your attorney also believes in your case, which makes it more attractive for settlement funding companies.
    • Finally, you must be at least 18 years old. This is a standard requirement for entering into any legal contract.

    If you meet these criteria, you could be eligible to receive a car accident loan while you wait for your lawsuit to resolve. Remember, a lawsuit loan isn’t like a traditional loan. It’s more of a cash advance against your future settlement. The best part? If you don’t win your case, you don’t have to pay the loan back.

    To apply or learn more about the services offered by, visit or call toll-free on (800) 340-4973.

    Get an Instant Quote

    Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.

    Advance Amount:

    Months Until Settlement:


    Total Cost

    Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.


    Your Savings

    Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.


    Percent Savings

    Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.

    Car Accident Loan Process in Alabama

    Applying for auto accident loans is a simple process designed to assist plaintiffs who are waiting for their legal cases to resolve. At, the loan application process is broken down into five easy steps:

    1. Apply online at funding application.
    2. We make contact with your law firm right after your application.
    3. We carefully review your case details.
    4. You receive and sign a contract.
    5. Get your funds while you wait for your case resolution.

    Let’s consider a plaintiff named John, a victim of a car accident in Alabama. After filing his personal injury claim, John realized that the case might take a while to settle. This posed a problem as he had bills piling up and no income due to his inability to work. This is where stepped in. John went to our website and applied for a loan. We reached out to his lawyer, reviewed his case, and determined that he had a strong claim. After agreeing to the terms and signing the contract, John received his funds. This allowed him to live comfortably while waiting for his case to settle. With our hassle-free process, was able to offer John the financial relief he needed.

    Get Started

    Apply today and get funds in as little as 24 hours!

    Roadway Accident Cases we Fund in Alabama

    At, we provide funding for almost any type of roadway accident in Alabama. Below are some of the specific cases we cater to:

    How Much Money Can I Get From my Car Accident Pre-settlement Loan? can provide lawsuit loans ranging from $500 up to over $1,000,000. During your case proceedings, we can advance a maximum of 25% of your anticipated settlement. For cases that have reached a settlement, we can offer up to 50% of your expected portion of the agreement.

    Let’s consider an example. Assume you’re a plaintiff in Alabama involved in a car accident case with an estimated value of $50,000. Your case is still ongoing and won’t be able to settle just yet. In most instances, medical providers will receive about one-third of the settlement, and your attorney will get another third. As a result, you’d normally end up with around $17,000. For such scenarios, could advance approximately 25% of this amount, which equals to roughly $4,250.

    Get $500 – $500,000 in as Little as a Single Business Day!

    We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.

    Major Cities we Serve in Alabama

    At, we are committed to helping people all around the United States, including the great state of Alabama. We provide pre-settlement funding to residents living in all cities in Alabama. Here is a list of the top ten cities in Alabama by population that we serve:

    1. Birmingham
    2. Montgomery
    3. Huntsville
    4. Mobile
    5. Tuscaloosa
    6. Hoover
    7. Dothan
    8. Auburn
    9. Decatur
    10. Madison

    No matter where you live in Alabama or any other state, is there for you. To apply for funding, visit our funding application. Or call us toll free at (800) 340-4973.

    Alabama Car Accident Funding FAQs

    We understand that you may have questions about car accident lawsuit loans in Alabama. Here, we answer some of the most frequently asked questions to help guide you in your decision-making process.

    How much does it cost to get a car accident lawsuit loan?

    The cost to obtain a car accident lawsuit loan can vary based on the details of your case and the amount of money you need. provides free case evaluations, and there are no hidden fees or upfront costs. We only get paid if your case wins or settles.

    Do I qualify for a lawsuit loan on my car accident case?

    If you have a personal injury claim from a car accident and are represented by an attorney, then yes, you likely qualify for a pre-settlement lawsuit loan. Your eligibility will be determined based on the strength and value of your lawsuit.

    Can you get a loan on a car accident settlement?

    Yes, at, we provide lawsuit loans to individuals who are awaiting settlement from their car accident lawsuits. Our loans are risk-free – you only repay us if you win your case.

    Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly

    Cities we Service in Alabama provides funding throughout Alabama. See more about our funding in Alabama by visiting the city pages below:

    Other Cases we Fund in Alabama provides funding for various personal injury and roadway accident cases in Alabama. Read more about the personal injury cases we fund in Alabama here:

    Read more about the roadway accident claims we fund in Alabama here:

    Get Started

    Apply today and get funds in as little as 24 hours!

    Does Directly Fund Cases in Alabama?

    While operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Alabama.

    Apply now for a free consultation