South Dakota Pedestrian 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 Pedestrian Accident Loans in South Dakota?
If you’ve been hit by a car as a pedestrian, you may struggle with medical bills, lost wages, and other losses. This where pedestrian accident loans come in. But what exactly are they?
A pedestrian accident loan is a cash advance to aid plaintiffs who are involved in a personal injury case due to a pedestrian-car accident. These funds can provide financial stability to plaintiffs while they wait for their legal case to resolve.
Essentially, it’s an advance on your potential future settlement. It works on a non-recourse basis, which means if you don’t win your lawsuit, you don’t have to pay back the cash advance. The amount of funding is based on the strength of your case and the expected settlement amount. If you don’t receive any settlement, then you are under no obligation to repay the loan.
So, a pedestrian accident loan can serve as a lifeline, giving you access to funds you need during a challenging time. It can help alleviate the financial stress while you focus on recovering and settling your lawsuit.
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 South Dakota
If you’ve had a car accident in South Dakota and filed a legal claim, you may be eligible for a lending opportunity from LawsuitLoans.io. This could provide financial assistance while you await the resolution of your case. Here are some key details:
|Average car accident loan amount by LawsuitLoans.io in South Dakota||$9,400.00|
|Largest car accident loan by LawsuitLoans.io in South Dakota||$14,300.00|
|Average interest rate in South Dakota||22.5%|
|Median personal injury verdict in South Dakota||$31,000.00|
|South Dakota statute of limitations||3 Years; Title 15 Ch. 2 Section 15-2-14|
|South Dakota fault laws||South Dakota 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 Pedestrian Accident Loan in South Dakota?
If you have been injured as a pedestrian in a car accident and are currently involved in a lawsuit in South Dakota, you may be wondering whether you qualify for a pre-settlement funding or a lawsuit loan. The eligibility requirements for a pedestrian accident lawsuit loan primarily revolve around three core criteria. Let’s give them a closer look.
Being a Party in a Valid Legal Claim
The first requirement is that you must have a valid legal claim against an insurance company or a self-insured company. In other words, you need to have an ongoing litigation process where you are seeking compensation for the injuries you sustained as a result of the accident.
Hiring an Attorney on a Contingency Basis
The second criterion is having an attorney working for you on a contingency basis. This implies that your legal representation costs are dependent on the success of your case. Your attorney only gets paid if you win the lawsuit or agree upon a reasonable settlement.
The last requirement is simply being 18 years old or above, which indicates you’re of legal age to participate in a lawsuit and subsequently apply for a lawsuit loan.
Please note that LawsuitLoans.io can further assist in explaining these eligibility requirements, answer any queries, and guide you through the funding application process. Do not hesitate to reach us via our toll-free number, (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.
Pedestrian Accident Loan Process in South Dakota
If you’ve suffered due to a pedestrian vs auto incident, a lawsuit loan can support you financially while you wait for a case resolution. The idea behind these loans is relatively simple and involves five main steps:
- Apply online: Start by submitting your application at LawsuitLoans.io funding application. This step lets us know you need financial assistance.
- We contact your law firm: After submitting the application, we will reach out to your law firm to gather more details about your case.
- We review your case: Our team then thoroughly examines your case’s specifics. This step ensures we understand all aspects of it before any decisions are made.
- You sign a contract: If your case qualifies, we will offer you a lawsuit loan through a cash advance agreement. After reviewing the terms, you can sign the contract.
- You get funds: Once everything is in place, you will receive the cash you need to help with your living expenses, medical bills and any related costs that accrue during the waiting period of your case.
For example, let’s take the case of a plaintiff who was injured in a pedestrian accident in South Dakota. They reached out to LawsuitLoans.io to secure a lawsuit loan. They applied online, leading us to reach out to their law firm for detailed information on their case. After thoroughly reviewing the case, we offered them a cash advance contract, which they signed after consideration. Shortly thereafter, they received the essential funds they required during this trying time.
Apply today and get funds as soon as the same day you apply!
Types of Pedestrian Accident Claims in South Dakota
Pedestrian accidents occur more often than you might think and they can have devastating effects. They often happen in a variety of ways and can lead to serious injuries or even death. Here are a few examples of pedestrian accident claims made in South Dakota:
- Intersection accidents: These usually occur when drivers fail to yield to pedestrians at crosswalks.
- Distracted driving accidents: This occurs when drivers do not concentrate on the road because they may be texting, eating, or using a cell phone.
- Backing-up accidents: Oftentimes drivers don’t notice pedestrians while reversing their vehicles, leading to accidents.
- Drunk driving accidents: When drivers under the influence of alcohol or drugs hit pedestrians this can lead to severe cases.
It’s important to note that South Dakota operates under the comparative fault rule in accident cases. This means that if a pedestrian is found partially at fault for the accident, it may reduce the amount of damages they can recover. For instance, if a pedestrian is found 20% at fault, they may only recover 80% of the damages from other parties.
In South Dakota, every accident claim is unique and the chance of success in your lawsuit greatly relies on the circumstances of your accident. Always ensure you consult with professional legal advice before proceeding with any claim.
How Much Money Can I Get From my Pedestrian 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. Let’s take an example to understand it better:
A plaintiff in South Dakota has a pedestrian accident case with an estimated value of $300,000. The case is still under 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 the plaintiff would receive around $100,000 of this settlement.
In such a scenario, LawsuitLoans.io can advance approximately 25% of $100,000, which is $25,000. That’s the kind of financial aid we can provide while you are waiting for your settlement.
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 South Dakota
LawsuitLoans.io funds nearly all types of roadway accident cases in South Dakota. Here are a few examples:
- Bicycle Accident Loans – For bicycle riders injured due to negligence or misconduct from others.
- Car Accident Loans – Funding for victims who got hurt in car crashes.
- Commercial Vehicle Accident Loans – Support for people hurt in accidents involving commercial vehicles.
- Government Vehicle Accident Loans – Help for accident victims involving government vehicles.
- Motorcycle Accident Loans – Financial support designed for victims of motorcycle accidents.
- Pedestrian Accident Loans – Financial relief for pedestrians struck by vehicles.
- Rideshare Accident Loans – For passengers or drivers injured during rideshare services.
- Semi-Truck Accident Loans – Aid for those hurt in accidents involving semi-trucks.
Major Cities we Serve in South Dakota
LawsuitLoans.io takes pride in serving plaintiffs all over the United States. We provide pre-settlement funding for residents in all cities of South Dakota and nationwide. Regardless of where you are located, we can assist you with your financial needs while you wait for your legal case to resolve. With us, geography is not a constraint.
Below are the top 10 most populous cities in South Dakota that we serve:
- Sioux Falls
- Rapid City
Please remember, no matter if your city isn’t included in this list, LawsuitLoans.io provides funding support throughout South Dakota. Contact us on our toll free number (866) 594-1343 or through our online funding application on our website LawsuitLoans.io for more information or to submit your application for a lawsuit loan.
Get up to $500,000 with rates as low as 2.5% simple, monthly
South Dakota Pedestrian Accident Funding FAQs
If you are a South Dakota resident who has been involved in a pedestrian accident, you may have some questions about lawsuit loans. Here, we will answer some common queries.
How much does it cost to get a pedestrian accident lawsuit loan?
The cost of a lawsuit loan can vary based on the details of your case. At LawsuitLoans.io we strive to provide our clients with clear and straightforward pricing to avoid unwelcome surprises. For more detailed information, please visit our website or call our toll free number at (866) 594-1343.
Do I qualify for a lawsuit loan on my pedestrian accident case?
LawsuitLoans.io looks at many factors when deciding if you qualify for a lawsuit loan. These can include the circumstances of your accident, your damages, and the expected outcome of your case. To determine if you’re eligible, complete an application here.
Can you get a loan on a pedestrian accident settlement?
Yes, you certainly can. LawsuitLoans.io is among the companies that provide funding for pending pedestrian accident settlements. Such a loan allows you to manage your financial needs while waiting for your case to resolve.
Do you have more questions? Don’t hesitate to contact us through our toll-free number, (866) 594-1343, or through our website LawsuitLoans.io. We’re here to assist you as much as we can.
Does LawsuitLoans.io Directly Fund Cases in South Dakota?
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 South Dakota.