Missouri 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 Missouri
A car accident loan is an advanced funding option designed to provide financial help to plaintiffs who have been involved in a car accident and are currently pursuing a lawsuit. Car accident loans, also known as rideshare accident loans in the context of accidents involving Uber, Lyft and other rideshares, fill in the financial gap during the lengthy legal procedures for claim settlements.
These loans are unlike traditional loans. They are non-recourse advances on a plaintiff’s anticipated car accident settlement. Here, non-recourse refers to the fact that plaintiffs are only required to repay the loan if they win their case or reach a settlement. In a scenario where the case is lost, the plaintiff does not owe anything. If they do win or settle, funds from the settlement are used to repay the loan.
As a result, car accident loans provide peace of mind during long lawsuit proceedings by covering immediate expenses such as medical bills, car repairs, household bills, and living expenses. For injured plaintiffs in Missouri dealing with the aftermath of a rideshare accident, these loans can be an important lifeline until their claim is resolved.
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 Missouri
If you’re based in Missouri and are involved in a car accident, you could be facing a lengthy process to resolve your legal claim. This period can bring financial uncertainty. Pre-settlement funding from LawsuitLoans.io can help bridge the gap. Our car accident loans offer immediate relief, enabling you to manage expenses without worrying about the ongoing legal proceedings.
| Average car accident loan amount by LawsuitLoans.io in Missouri | $6,470.93 |
| Largest car accident loan by LawsuitLoans.io in Missouri | $19,637.60 |
| Average interest rate in Missouri | 18.1% |
| Median personal injury verdict in Missouri | $31,000.00 |
| Missouri statute of limitations | 5 Years; Mo. Rev. Stat. § 516.097 |
| Missouri fault laws | Missouri 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 Missouri?
If you’ve been involved in a rideshare accident, you might be wondering if you’re eligible for a lawsuit loan. The good news is, the eligibility criteria for this type of loan is simple and straightforward.
Since every rideshare accident claim involves an insurance policy with high coverage, you only need to meet two main conditions. First, you must have hired an attorney who’s working on a contingency basis. That means your lawyer gets paid only when you win the case. Second, you need to be at least 18 years old.
At LawsuitLoans.io, we fund claims involving any rideshare company or delivery service. It doesn’t matter whether it was Uber, founded back in 2009, or Lyft, which hit the roads in 2012, or even a delivery service like DoorDash, established in 2013. If you were in an accident while using these services, you could be eligible for a lawsuit loan.
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.
Advance Amount:
Months Until Settlement:
$2,631
Total Cost
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
39%
Percent Savings
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 Missouri
Getting a rideshare accident loan in Missouri is simple and straightforward. This article will discuss how it works in five basic steps.
Apply Online
The first step to getting a lawsuit loan is to apply online. The application form on the LawsuitLoans.io funding application website is brief and user-friendly.
We Contact Your Law Firm
After receiving your application, we reach out to your law firm to gather more details about your case.
We Review Your Case
We then assess the strengths of your case while waiting for the resolution for your claim. This helps us determine how much funding you qualify for.
You Sign a Contract
If your case qualifies for a lawsuit loan, we will send you a contract. As soon as you sign and return it, we can process your funds.
You Get Funds
After all the paperwork is done, you receive your funds. These can be applied towards your expenses such as medical costs, bills, or whatever you need them for.
An Example
Let’s consider a real-world scenario. Amy, a resident of Missouri, was involved in a rideshare accident and sustained severe injuries. Her life took a turn due to mounting medical bills and loss of income as she had to be off work for several months. She decided to apply for a lawsuit loan with LawsuitLoans.io. After filling out the application, we contacted her attorney, reviewed her case, and found it eligible. She signed a contract, and within a short while, she received her funds.
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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?
LawsuitLoans.io offers lawsuit loans that could range from as low as $500 to upwards of $1,000,000. In cases still being heard in court, we may grant an advance up to a quarter of the projected settlement you’re due to receive.
In settled cases, we can provide pre-settlement funding amounting to half of your expected portion of the settlement. To illustrate this, let’s use an example of a plaintiff from Missouri who had a rideshare accident. The case has yet to be settled and may take some time. Yet, the anticipated value of the claim amounts to $500,000.
Typically, medical providers receive around a third of the settlement, the attorney takes another third, leaving the plaintiff with an estimated $170,000. Given this scenario, LawsuitLoans.io could advance approximately 25% of the plaintiff’s expected portion, which equates to $42,500.
Major Cities we Serve in Missouri
LawsuitLoans.io is proud to provide pre-settlement funding to residents of Missouri and throughout the United States. Here’s a list of the top 10 cities by population in Missouri where our services are available:
- Kansas City
- St. Louis
- Springfield
- Columbia
- Independence
- Lee’s Summit
- O’Fallon
- St. Joseph
- St. Charles
- Blue Springs
No matter which city in Missouri you’re from, LawsuitLoans.io is there to fund your legal case while you wait for it to resolve. You can access our application at any time via this link: LawsuitLoans.io funding application.
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 Missouri
At LawsuitLoans.io, we want to help the people of Missouri who have been involved in roadway accidents. We understand that after an accident, you face unexpected medical costs and other bills. Our company provides support to plaintiffs when they need it most, while they await the resolution of their legal cases. Our services include funding for almost any type of roadway accident in Missouri:
- Bicycle Accident Loans: A financial lifeline for individuals injured in bicycle accidents.
- Car Accident Loans: Immediate financial assistance to car accident victims suffering financial strain.
- Commercial Vehicle Accident Loans: Much-needed funds for those harmed in accidents involving commercial vehicles.
- Government Vehicle Accident Loans: Financial aid for individuals involved in accidents with government vehicles.
- Motorcycle Accident Loans: Urgent fund disbursements for motorcycle accident victims undergoing litigation.
- Pedestrian Accident Loans: Immediate financial support for pedestrians injured in traffic accidents.
- Rideshare Accident Loans: Quick cash advancements for those involved in rideshare (Uber, Lyft) related accidents.
- Semi-Truck Accident Loans: Pre-settlement loans for victims of semi-truck accidents going through the court system.
Missouri Rideshare Accident Funding FAQs
Understanding the details about rideshare accident funding in Missouri can seem complicated. That’s why we have compiled a list of frequently asked questions to help clarify some common queries.
How much does it cost to get a rideshare accident lawsuit loan?
The cost of getting a lawsuit loan varies on several factors. These include the risk assessment of your particular case, how long until your case may be settled, and the amount you’re requesting. We pride ourselves in providing competitive loan terms and rates.
Do I qualify for a lawsuit loan on my rideshare accident case?
If you’re a Missouri resident who’s been involved in a rideshare accident and you are pursuing a legal claim, there is a high probability that you qualify for a lawsuit loan from LawsuitLoans.io. However, every case is unique, so we must review the specifics of your situation to make a determination.
Can you get a loan on a rideshare accident settlement?
Yes, at LawsuitLoans.io, we provide pre-settlement loans, which means you can get a loan based on the expected payout from your rideshare accident lawsuit. This financial support can assist you in managing your expenses while you wait for your legal case to resolve.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Does LawsuitLoans.io Directly Fund Cases in Missouri?
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 Missouri.