Louisiana Rideshare Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Rideshare Accident Loans in Louisiana
A rideshare accident loan in Louisiana is a type of funding offered to plaintiffs involved in a car accident case that involves a rideshare service, such as Uber or Lyft. This kind of financial support allows these plaintiffs to cover their regular living costs and other necessary expenses while they wait for their injury cases to reach a resolution.
One unique aspect of car accident loans is that they are non-recourse advances. This means this type of loan is contingent on the outcome of your lawsuit. If you win your case, you pay back the advance from your settlement proceeds. However, if the case does not go in your favor, you will not have to pay back anything. Hence, rideshare accident loans carry no risk for the plaintiff and serve as a lifeline when facing financial hardship due to an accident.
You can apply for a rideshare accident loan by filling our funding application. If approved, LawsuitLoans.io will then advance a portion of your anticipated settlement, which you can use while waiting for your case to settle.
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 Louisiana
Car accident loans in Louisiana are an essential resource for victims awaiting the resolution of their personal injury cases. If you’re involved in a personal injury lawsuit, these funds can help you manage your financial obligations during this challenging time. Here’s some key data about car accident loans in Louisiana:
|Average car accident loan amount by LawsuitLoans.io in Louisiana||$8,126.46|
|Largest car accident loan by LawsuitLoans.io in Louisiana||$83,591.00|
|Average interest rate in Louisiana||21.5%|
|Median personal injury verdict in Louisiana||$95,000.00|
|Louisiana statute of limitations||1 Year; Louisiana Civil Code Section 3492|
|Louisiana fault laws||Louisiana 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 Louisiana?
If you’ve been involved in a car accident involving a rideshare company, you may be wondering about your eligibility for a lawsuit loan. The criteria for eligibility is straightforward. You must have an attorney hired on a contingency basis and be at least 18 years of age.
At LawsuitLoans.io, we fund claims that arise from accidents with any rideshare company or delivery service. This includes companies like:
- Uber, founded in 2009
- Lyft, founded in 2012
- DoorDash, founded in 2013
An important factor for eligibility with these kinds of claims is the presence of a high insurance policy. Since every rideshare accident claim involves such a policy, ensuring you have proper legal representation is key to accessing funding.
To find out more about the eligibility criteria or to start your application, visit LawsuitLoans.io funding application or call us toll free at (866) 594-1343.
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 Louisiana
Rideshare accident loans can provide crucial financial support for plaintiffs waiting for their legal case to be resolved. The process is simple and straightforward, consisting of five main steps:
- Apply online: Start by filling out a simple online application on our website.
- We contact your law firm: After receiving your application, we reach out to your legal representative to gather more information about your case.
- We review your case: Our experts take a thorough look at your case’s merits and potential value.
- You sign a contract: Once the case review is complete and approval given, we prepare a contract outlining the loan terms and conditions which you must sign.
- You get funds: After signing the contract, the funds are transferred directly into your account, providing immediate financial relief.
For example, consider Jane, a plaintiff who was injured in a rideshare accident in Baton Rouge. After the accident, she was unable to work and her bills kept piling up. Jane applied online for a lawsuit loan from LawsuitLoans.io, attaching relevant details about her case. The team at LawsuitLoans.io then contacted Jane’s law firm for more information. After reviewing her case, they determined that she was eligible for a lawsuit loan. A contract was prepared for Jane who signed it after understanding all the terms and conditions. Shortly after, the funds were sent to Jane, enabling her to handle her bills and focus on recovering from her injuries and her ongoing lawsuit.
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?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Consider this example: A plaintiff in Louisiana who was involved in a rideshare accident has a $500,000 estimated value claim. The case is still in progress and will not settle for some time. As a general rule of thumb, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement and as a result, the plaintiff would receive around $170,000. At LawsuitLoans.io, we can advance approximately 25% of that amount, which would total $42,500.
Major Cities we Serve in Louisiana
LawsuitLoans.io is proud to serve not only nationwide, but specifically in Louisiana’s major cities. Here are the top 10 by population:
- New Orleans
- Baton Rouge
- Lake Charles
- Bossier City
No matter what city you’re in, from the bustling streets of New Orleans to the quiet locales of Houma, LawsuitLoans.io is committed to providing you with pre-settlement funding for your personal injury and other legal claims. Whether you’re in one of these major cities, or anywhere across our beautiful state, we’re here to support you in your time of need.
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 Louisiana
At LawsuitLoans.io, we fund almost any type of roadway accident in Louisiana. We offer pre-settlement funding for a variety of case types, allowing you to access the financial support you need while your legal case is resolved. Below are just a few examples of the types of roadway accident cases we fund:
- Bicycle Accident Loans: Our Bicycle Accident Loans provide funding for victims of bicycle accidents while their case resolves.
- Car Accident Loans: We offer Car Accident Loans to those involved in car accidents who require financial aid during their lawsuit.
- Commercial Vehicle Accident Loans: These loans cater to individuals involved in accidents with commercial vehicles.
- Government Vehicle Accident Loans: If you’ve been in an accident involving a government vehicle, this loan type may cater to your needs.
- Motorcycle Accident Loans: For victims of motorcycle accidents, we provide Motorcycle Accident Loans.
- Pedestrian Accident Loans: Pedestrians involved in accidents can benefit from our Pedestrian Accident Loans.
- Rideshare Accident Loans: If you’ve been involved in a rideshare vehicle accident, we offer Rideshare Accident Loans.
- Semi-Truck Accident Loans: For persons involved in semi-truck accidents, we provide Semi-Truck Accident Loans.
Louisiana Rideshare Accident Funding FAQs
If you’re a Louisiana resident who’s been involved in a rideshare accident, you may have some questions. Here are the answers to some frequently asked questions.
How much does it cost to get a rideshare accident lawsuit loan?
The cost of obtaining a lawsuit loan depends on various factors such as the estimated value of your case, the expected length until resolution, and the risk associated with your specific situation. A detailed discussion with LawsuitLoans.io team will provide a clearer understanding of the potential costs.
Do I qualify for a lawsuit loan on my rideshare accident case?
Eligibility for a lawsuit loan mainly relies on the strength and value of your case. If it can be determined that you have a strong claim and a high likelihood of winning a settlement or court award, you may be a good candidate for a lawsuit loan. Contact the friendly team at LawsuitLoans.io to discuss your specific circumstances.
Can you get a loan on a rideshare accident settlement?
Absolutely! LawsuitLoans.io specializes in offering loans against projected settlements from personal injury cases, including rideshare accidents. If you’re waiting on a settlement from a rideshare accident case, you might be able to secure a lawsuit loan against it. Start your application today at LawsuitLoans.io funding application.