Washington 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 Washington?
If you’ve been involved in a car accident and filed a lawsuit for personal injury, you may have heard about something called a car accident loan. Unlike traditional loans, a car accident loan is actually an advance payment to plaintiffs. This funding is meant to help you meet your daily expenses while waiting for your legal case to resolve.
But what exactly is it? Car accident loans, also known as pre-settlement funding or lawsuit loans, are non-recourse advances on your expected car accident settlement. In simpler terms, it’s like getting a portion of your settlement before the judge has made a final decision on your lawsuit.
Let’s take an example: You’re the victim of a serious car accident. The medical bills and other expenses are piling up, yet the legal process is still ongoing. To make matters worse, you can’t return to work due to your injury. A car accident loan from by LawsuitLoans.io can provide the financial support you need. You could use the money from the non-recourse advance to pay for medical bills, rent, groceries, and other necessities.
Applying for this type of funding is simple. It all begins with your application at the LawsuitLoans.io funding application. From there the team at LawsuitLoans.io evaluates the merits of your case and if approved, you receive funds promptly. This means that even in times of hardship, you can still support yourself and your family while you wait for your case to resolve.
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 Washington
If you’ve been involved in a car accident in Washington, you might be waiting for a large settlement. However, waiting for your claim can take a long time and put financial strain on you and your family. A car accident loan from LawsuitLoans.io can provide the funds you need to support you through this difficult time while you wait for your case to resolve. This table offers key information about car accident loans in Washington:
| Average car accident loan amount by LawsuitLoans.io in Washington | $7,856.81 |
| Largest car accident loan by LawsuitLoans.io in Washington | $55,380.00 |
| Average interest rate in Washington | 21.1% |
| Median personal injury verdict in Washington | $8,900 to $78,000 |
| Washington statute of limitations | 3 Years; Title 4 Ch. 16 Section 4.16.080 |
| Washington fault laws | Washington 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 Car Accident Loan in Washington?
If you’ve had a car accident in Washington and are waiting for your legal case to settle, you might be asking ‘Can I get a loan against my lawsuit?’. The answer is yes, if you meet certain eligibility criteria.
The primary eligibility criteria to be considered for a lawsuit loan with LawsuitLoans.io are:
- Having a valid legal claim against an insurance company or a self-insured body. This means you need to have a legitimate legal case in progress due to the car accident.
- Having an attorney who has been hired on a contingency basis. This indicates that your attorney believes in your case enough to stake their payment on the case’s successful resolution.
- Being of legal adult age, which is 18 years old in most jurisdictions, including Washington.
If these conditions are met, then you very likely qualify for a car accident lawsuit loan in Washington. Start your application process at LawsuitLoans.io funding application today.
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 Washington
Understanding the process of applying and receiving auto accident loans is crucial for potential applicants. In simple terms, the process can be divided into five main steps.
- Apply online
- We contact your law firm
- We review your case
- You sign a contract
- You get the funds
The first step involves filling out an application form on our website. The LawsuitLoans.io funding application is a straightforward process that requires basic information about you and your ongoing lawsuit.
After submitting your application, we’ll then reach out to your law firm to obtain all the necessary details about your case. The third step includes a detailed review of your case by our experts. If your application gets approval, we’ll then send you a contract to sign.
Once you sign off on the contract, the funds are disbursed as per the agreement. You receive the funds while waiting for your lawsuit to settle. This financial support provides you with the much-needed flexibility to manage your expenses.
For instance, consider a plaintiff who was injured in a car accident in Washington. While waiting for his lawsuit to settle, he found himself facing significant financial difficulties. After hearing about LawsuitLoans.io, he decided to apply for a loan. Over two business days, we contacted his lawyer, reviewed his case, and approved his application. Following his acceptance of the contract, he then received the loan directly into his bank account. His lawsuit later settled favorably, and the loan was repaid from the settlement.
Auto accident loans through LawsuitLoans.io offer a financial lifeline during the stressful and often lengthy process of personal injury lawsuits. By understanding the loan process, you can make informed decisions that work best for your unique situation.
Get Started
Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Washington
At LawsuitLoans.io, we fund almost any type of roadway accident in Washington. Here are some examples:
- Bicycle Accident Loans: We offer funding for cases where individuals were involved in bicycle accidents due to negligence or irresponsibility of others.
- Car Accident Loans: If you’ve been harmed in a car accident, and waiting for your lawsuit to resolve can get funding from us.
- Commercial Vehicle Accident Loans: Lawsuitloans.io provides pre-settlement funds for lawsuits involving commercial vehicle accidents.
- Government Vehicle Accident Loans: Funding is available for plaintiffs involved in accidents with government vehicles.
- Motorcycle Accident Loans: We offer funding for motorcycle accident claims while the legal case is pending.
- Pedestrian Accident Loans: Lawsuits involving pedestrian accidents can be time-consuming. Get funding from us to tide over till the resolution of your case.
- Rideshare Accident Loans: We provide funds for rideshare accident lawsuits while you wait for settlement.
- Semi-Truck Accident Loans: If you’re in a lawsuit due to a semi-truck accident, our pre-settlement funding can help you financially until your case concludes.
How Much Money Can I Get From my Car Accident Pre-settlement Loan?
If you’re involved in a legal dispute and seeking funds from LawsuitLoans.io, the loan amount can vary. It might range anywhere from $500 to over $1,000,000. The amount we can provide upfront depends on the expected outcome of your case. If your case is still ongoing, we can typically advance up to 25% of your projected settlement share.
For those cases that have already been settled, LawsuitLoans.io can offer lawsuit loans for 50% of your expected portion of the settlement.
Let’s illustrate this with an example. Imagine you’re a plaintiff in Washington involved in a car accident case. Your case has an estimated value of $50,000, but it hasn’t settled yet and will take some time to conclude. In many personal injury cases, medical providers receive approximately a third of the settlement amount, and another third goes to the attorney. This means that you, as the plaintiff, would likely receive about $17,000 from the settlement.
In this scenario, LawsuitLoans.io could potentially advance 25% of your expected share, or roughly $4,250, to help manage your expenses while you wait for your case to resolve.
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 Washington
LawsuitLoans.io provides pre-settlement funding for residents not just in Washington, but nationwide. However, below we have specifically noted the top 10 cities in Washington by population which LawsuitLoans.io often serves:
- Seattle
- Spokane
- Tacoma
- Vancouver
- Bellevue
- Kent
- Everett
- Renton
- Spokane Valley
- Federal Way
Regardless of the city you reside in, LawsuitLoans.io is dedicated towards providing high quality service to help resolve your legal case while providing you with necessary funds. For more information, you can always visit LawsuitLoans.io or call our toll free phone number (800) 340-4973. You can even directly apply for funding through our application process.
Washington Car Accident Funding FAQs
In this section, we aim to answer some frequently asked questions that Washington residents have about car accident funding.
How much does it cost to get a car accident lawsuit loan?
The cost of obtaining a car accident lawsuit loan can vary based on several factors. It’s crucial to understand that LawsuitLoans.io offers competitive terms and various funding options tailored to your needs. To get your specific quote, we invite you to apply here.
Do I qualify for a lawsuit loan on my car accident case?
Qualification for a lawsuit loan depends on the merits of your case. If you have a legitimate car accident claim, you are likely to qualify. Once we evaluate your case, our specialist will get in touch to provide further information and guidance.
Can you get a loan on a car accident settlement?
Yes, at LawsuitLoans.io, we can provide a loan against your car accident settlement. This pre-settlement funding can assist you with living expenses and other costs while you wait for your legal case to resolve.
If you have more questions, feel free to contact us at our toll-free number (800) 340-4973 or use our online application form.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Other Cases we Fund in Washington
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Washington. Read more about the personal injury cases we fund in Washington 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 Washington here:
Get Started
Apply today and get funds in as little as 24 hours!