Oregon 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
What Are Car Accident Loans in Oregon
A car accident loan is a type of legal funding, also known as pre-settlement funding or lawsuit loan. If you’re a plaintiff in a car accident case in Oregon, this specific type of funding can help you manage your finances while you wait for your case to resolve. It’s a little like a cash advance on the compensation you hope to receive from your lawsuit.
Now, how does it work? It’s simple. Companies like LawsuitLoans.io assess the potential outcome of your legal case and the expected settlement amount. Based on this assessment, they provide you with a cash advance now, which will be repaid from your future settlement. What’s unique about this process is that these loans are non-recourse. This means if you don’t win your case, you have no obligation to repay the advance.
Let’s consider an example. Suppose you’re involved in a car accident that has left you unable to work. You’re struggling to pay bills and manage day-to-day expenses. In this situation, applying for a pre-settlement loan can give you the financial support you need to get through this challenging time. Once your case settles and you receive your compensation, you can then repay the money borrowed.
You can apply easily at LawsuitLoans.io funding application or call toll-free at (800) 340-4973 for any questions or more information.
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 Oregon
If you’re involved in a car accident and have a pending lawsuit in Oregon, LawsuitLoans.io could potentially provide funding to help cover expenses while you wait for your case to resolve. Below we present some facts and numbers related to car accident loans in Oregon.
| Average car accident loan amount by LawsuitLoans.io in Oregon | $18,927.10 |
| Largest car accident loan by LawsuitLoans.io in Oregon | $123,059.00 |
| Average interest rate in Oregon | 20.4% |
| Median personal injury verdict in Oregon | $36,721.00 |
| Oregon statute of limitations | 2 Years; Chapter 12 Section 12.110 |
| Oregon fault laws | Oregon is a “no-fault” state for PIP (Personal Injury Protection) insurance, but also operates under “at-fault” rules for determining who pays for property damage and additional personal injury costs. |
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Car Accident Loan in Oregon?
Understanding the eligibility criteria for car accident lawsuit loans is essential. The primary eligibility criteria are pretty straightforward. Here are the main factors that determine your eligibility:
- You must have a valid legal claim against an insurance company or self-insured company. This implies you have a reasonable expectation of compensation due to the negligence or fault of another party.
- You need to have an attorney representing you on a contingency basis. This means your attorney believes in your case strongly enough to agree to be paid when the case concludes successfully. Such an arrangement indicates a high possibility of winning the lawsuit.
- You must be aged 18 years and above. Underage individuals are not legally allowed to enter into a contract, which a loan agreement essentially is.
Meeting these criteria could qualify you for a car accident lawsuit loan in Oregon. Want to find out more? Consult with a professional at LawsuitLoans.io or call us directly at (800) 340-4973. You can also apply through our website’s funding application page.
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 LawsuitLoans.io. 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:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
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.
33%
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 Oregon
If you’re involved in an auto accident lawsuit in Oregon, you may be eligible for a car accident loan. The process is simple and straightforward. Here are the five main steps:
- Apply online: Start by filling in the form on our LawsuitLoans.io funding application page.
- We contact your law firm: After we receive your application, our team contacts your law firm to discuss your case.
- We review your case: Our experts carefully assess your case to make sure it has a strong chance of success. This includes reviewing the details of the accident, your injuries, and the potential settlement amount.
- You sign a contract: If your case meets our criteria, we send you a contract. You review and sign this document.
- You get funds: Once the contract is signed, we deposit your funds. You can use these funds for any purpose as you await the resolution of your lawsuit.
Let’s look at an example. John was a plaintiff who got injured in a car accident. While waiting for his personal injury lawsuit to resolve, he was struggling to meet his financial needs. John decided to apply for a lawsuit loan. He filled out our online application, and we contacted his law firm. After a thorough review of his case, we decided to fund John. He signed a contract with us, and we deposited the funds he needed directly into his bank account. Lawsuit loans helped John bridge the gap between filing his case and his settlement. If you’re like John and need financial help during your legal battle, consider a lawsuit loan from LawsuitLoans.io.
Get Started
Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Oregon
At LawsuitLoans.io, we’re committed to supporting clients through a broad range of legal cases. If you’ve suffered in a roadway accident in Oregon, we may be able to help you manage your finances while your case gets resolved. Here are a few examples of the roadway accident cases we fund:
- Bicycle Accident Loans: We provide funding for those involved in bicycle accidents. Bicycle riders often face severe injuries that require extensive recovery periods.
- Car Accident Loans: Car accidents are unfortunately common. These incidents can lead to huge medical bills and loss of income during recovery. We can help ease the financial pressure.
- Commercial Vehicle Accident Loans: Accidents involving commercial vehicles can result in lawsuits that take time to resolve. LawsuitLoans.io offers funding to keep you afloat during this time.
- Government Vehicle Accident Loans: Accidents with government vehicles also come under our purview. These cases can be complex, but our support is always there.
- Motorcycle Accident Loans: We understand the pain and hassle of motorcycle accidents. With LawsuitLoans.io, you can get financial assistance during your recovery stage.
- Pedestrian Accident Loans: Pedestrians injured in roadway accidents may deal with long-term disability issues. Let us ease your financial difficulties through funding.
- Rideshare Accident Loans: Rideshare accidents have been increasing with the growing popularity of services like Uber and Lyft. We provide funding for these types of cases, too.
- Semi-Truck Accident Loans: Cases involving semi-trucks often involve large companies and complicated lawsuits. We’re here to offer financial assistance while you wait for resolution.
How Much Money Can I Get From my Car Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to more than $1,000,000. We can provide up to a maximum of 25% of your expected share of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s take an example of a plaintiff in Oregon with a car accident case that has an estimated value of $50,000. The case is still ongoing and isn’t expected to settle for some time. Usually, medical providers receive about 1/3 of the settlement, and the attorney receives another 1/3. This leaves the plaintiff with around $17,000. In such a case, we can advance approximately 25% of that amount, which is $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 Oregon
LawsuitLoans.io proudly serves plaintiffs across the nation, inclusive of all cities in Oregon. To emphasize the vast reach of our service network, here are the top 10 cities in Oregon by population:
- Portland
- Salem
- Eugene
- Gresham
- Hillsboro
- Beaverton
- Bend
- Medford
- Springfield
- Corvallis
No matter where you live in Oregon or anywhere else in the United States, we’re committed to helping with your lawsuit funding needs. Please visit our website LawsuitLoans.io or call us at (800) 340-4973 to find out more. You ‘re also welcome to complete our funding application at LawsuitLoans.io funding application.
Oregon Car Accident Funding FAQs
Q: How much does it cost to get a car accident lawsuit loan?
A: The cost of a car accident lawsuit loan can vary based on many factors. This includes the specifics of your case, the amount of money you request, and the projected timeline for settlement. To get a clear idea about the costs, please visit LawsuitLoans.io or dial our toll-free number (800) 340-4973 and speak with our representatives.
Q: Do I qualify for a lawsuit loan on my car accident case?
A: Every case is different. Eligibility for a lawsuit loan depends on the conditions of your accident, your injuries, and your overall case. The best way to find out if you will qualify for a lawsuit loan is by applying through our online platform at LawsuitLoans.io funding application.
Q: Can you get a loan on a car accident settlement?
A: Yes, it’s indeed possible to get a loan on a car accident settlement. LawsuitLoans.io offers pre-settlement funds to plaintiffs waiting for their car accident cases to resolve. These loans are hassle-free and got designed to assist you financially while you focus on your recovery.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Other Cases we Fund in Oregon
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Oregon. Read more about the personal injury cases we fund in Oregon here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Oregon here:
Get Started
Apply today and get funds in as little as 24 hours!