Arizona Rideshare Accident Loans
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- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Rideshare Accident Loans in Arizona
Rideshare accident loans are a type of loan designed for plaintiffs involved in car accidents who are waiting for their case settlement. Being a victim of a rideshare accident can be overwhelming, leaving individuals with numerous bills and life-related expenses which they may not be able to cover. This is where Rideshare accident loans come in handy.
A car accident loan or pre-settlement funding, as it’s often called, is not actually a traditional loan. Instead, it’s more like an advance on the potential settlement money from the ongoing lawsuit. They exist to support plaintiffs with financial relief during trying times, ensuring they can keep up with their financial obligations while they await the conclusion of their legal claim.
One important aspect of rideshare accident loans is that they are non-recourse. This means that if the plaintiff does not win their case, they are not obligated to repay the money received. The repayment of the advance is strictly contingent upon the successful resolution of the case which lifts the burden off the shoulders of the plaintiff. If the case fails, the company will bear the loss. It’s a no-win, no-pay system.
In summary, rideshare accident loans in Arizona provide an advance on your future car accident settlement. They help ease the financial pressure while you wait for your case to be resolved and are only required to be repaid if you win your case.
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.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
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 Arizona
If you are involved in a car accident in Arizona and expect to receive a lawsuit payout, a lawsuit loan can provide financial relief while you wait for your case to settle. Also known as pre-settlement funding, these loans are based on the expected amount of your settlement. LawsuitLoans.io provides these loans to help plaintiffs cope with financial pressures during this trying time.
|Average car accident loan amount by LawsuitLoans.io in Arizona||$25,290.00|
|Largest car accident loan by LawsuitLoans.io in Arizona||$44,940.00|
|Average interest rate in Arizona||18.1%|
|Median personal injury verdict in Arizona||$5,000 to $80,000|
|Arizona statute of limitations||2 Years; Arizona Revised Statutes Section 12-542|
|Arizona fault laws||Arizona 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 Rideshare Accident Loan in Arizona?
If you’ve been involved in a rideshare accident, you might be wondering if you’re eligible for a car accident lawsuit loan. The good news is that the eligibility criteria for these loans are straightforward. If you’re 18 years old and have an attorney hired on a contingency basis, you qualify.
The reason behind this is simple. In every rideshare accident claim, a significant insurance policy is involved. Therefore, once you’ve secured legal representation, you become eligible for funding for your lawsuit.
At LawsuitLoans.io, we fund claims arising from accidents involving any rideshare company or delivery service. To give you a few examples:
- Uber: Founded in 2009, Uber has become a global phenomenon. It operates in millions of cities around the world and has significantly transformed the transportation industry.
- Lyft: Since its founding in 2012, Lyft has rapidly expanded across the U.S., becoming a favorite among users for its affordable rides and community-centric approach.
- DoorDash: Launched in 2013, DoorDash is a popular food delivery service in the U.S. and around the world. It partners with local businesses to deliver food right to your doorstep.
These are just a few examples. If your accident involves any other rideshare or delivery service companies, don’t hesitate to use our funding application to get the financial assistance you need while your lawsuit is being resolved.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Rideshare Accident Loan Process in Arizona
If you’ve been injured in a rideshare accident in Arizona, you may have the ability to obtain a loan while you wait for your lawsuit to be resolved. The process is straightforward and consists of five main steps:
- Apply online: The first step is to apply online through the LawsuitLoans.io funding application. This is a simple process that can be completed from the comfort of your own home.
- We contact your law firm: After your application is submitted, we will get in touch with your law firm to gather further details about your case.
- We review your case: Our team will then review all the information to ensure your case meets our funding criteria.
- You sign a contract: If your application is approved, you will be asked to sign a contract which outlines the terms of your lawsuit loan.
- You get funds: Once the contract is signed, you will receive the loan amount directly to your account.
To better understand the process, consider an example of an individual injured in a rideshare accident. Assume a plaintiff named John was hurt in an accident while traveling in a rideshare vehicle. Pain from his injuries made it impossible to work. The lack of income caused financial strain, and he turned to LawsuitLoans.io for help. John filled out the online application, and LawsuitLoans.io subsequently contacted his law firm. After his case review, John’s application was approved, he signed the contract, and funds were soon made available in his account. This funding helped John manage his living expenses until his case was finally resolved.
Apply today and get funds as soon as the same day you apply!
How Much Money Can I Get From my Rideshare Accident Pre-settlement Loan?
If you’ve been involved in a rideshare accident and have a legal claim, you may be eligible for a lawsuit loan from LawsuitLoans.io. Our loans range in value, starting from as little as $500 through to more than $1,000,000. If your case is still in progress, we can fund up to 25% of your anticipated portion of the settlement. For cases that have already settled, we can advance up to 50% of your expected share.
Consider this example: An Arizona resident involved in a rideshare accident claims for an estimated value of $500,000. The case is ongoing and won’t settle for some time. Typically, medical providers receive roughly a third of the settlement, or approximately $170,000 in this case. The attorney would also generally take a third. The plaintiff in this situation would stand to receive around $170,000 after those fees. In such a circumstance, we could provide them with a loan amounting to about 25% of their potential settlement, or roughly $42,500.
Major Cities we Serve in Arizona
If you’re living in Arizona and seek funds for your legal claim, you’re in the right place. LawsuitLoans.io provides funding to plaintiffs residing in Arizona and all principal cities nationwide. It doesn’t matter where you live because we believe everyone deserves financial help while fighting a legal case. Here are the top 10 cities in Arizona by population that we serve:
We offer our services to residents of these cities and beyond. Our goal is to provide plaintiffs with the funds they need until their legal case is resolved. To apply, visit the LawsuitLoans.io funding application or call us at (866) 594-1343.
Get $500 – $100,000 as soon as today
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 day you apply with us.
Roadway Accident Cases we Fund in Arizona
We understand that accidents can occur at any time, and dealing with them can be costly. At LawsuitLoans.io, we cover almost any kind of roadway accident in Arizona. Here are some examples:
- Bicycle Accident Loans: In case of a bicycle accident, we can provide you with the suitable funds to get you through this tough time.
- Car Accident Loans: Car accidents can leave you with severe bodily harm and financial stress; we’re here to assist you with your car accident lawsuit funding needs.
- Commercial Vehicle Accident Loans: We offer lawsuit loans for commercial vehicle incidents as well.
- Government Vehicle Accident Loans: If you’ve been in an accident with a government vehicle, reach out to us for assistance!
- Motorcycle Accident Loans: Motorcycle accidents can be extremely dangerous. Let us help carry some of the burden while you recover.
- Pedestrian Accident Loans: Being hit as a pedestrian can result in severe injuries. We provide lawsuit loans to help you manage expenses.
- Rideshare Accident Loans: Accidents in rideshares can be complex. We’re here to support your case with the necessary funds.
- Semi-Truck Accident Loans: Involved in a semi-truck accident? Apply for a lawsuit loan to cover your financial needs during this stressful time.
Arizona Rideshare Accident Funding FAQs
It’s common for plaintiffs in Arizona to have questions about rideshare accident funding. Here are three of the most frequently asked questions, along with their answers:
How much does it cost to get a rideshare accident lawsuit loan?
The cost of getting a lawsuit loan depends on several factors, but clients can rest assured that LawsuitLoans.io offers competitive rates in the industry. We strive to provide pre-settlement funds at the lowest cost possible, ensuring our clients’ peace of mind. Prices vary, so it’s best to get in touch with us directly for a personalized quote.
Do I qualify for a lawsuit loan on my rideshare accident case?
Eligibility for rideshare accident lawsuit loans depends on multiple factors including the strength of your case and whether your case stands a good chance of winning or settling favorably. At LawsuitLoans.io, we review each application thoroughly and make our decision based on individual case assessment.
Can you get a loan on a rideshare accident settlement?
Yes, you can get a loan on a rideshare accident settlement. At LawsuitLoans.io, we offer pre-settlement funding, which means we can provide funds even before your case is settled. This can be really useful to manage personal expenses while waiting for your lawsuit to resolve.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Does LawsuitLoans.io Directly Fund Cases in Arizona?
While LawsuitLoans.io 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 Arizona.