Lawsuit Loan – Faster and Smarter than a Bank Loan!
A lawsuit loan is a far different financial product than a conventional bank loan. And while a lawsuit loan will be more expensive than a bank loan, cost is not the only factor to consider. For example, many plaintiffs who do not qualify for a bank loan easily qualify for a lawsuit loan! If you cannot get a bank loan, it really does not make any difference what it costs!
Benefits of a Lawsuit Loan
Unlike a bank loan, it is relatively easy to qualify for a lawsuit loan.
- No Credit Check: You qualify for a lawsuit loan based on the quality of your lawsuit, not your credit score. In fact, many of those who apply for a lawsuit loan used to have excellent credit, but their credit has suffered because they’ve been out of work!
- No Employment Verification: You also qualify for a lawsuit loan based on the quality of your lawsuit, not on your income. Many applicants for a lawsuit loan are not working, and that is not a problem!
- No Application Fee: The last thing a lawsuit plaintiff in need of cash to cover living expenses needs is to have to come up with an application fee or other up-front charge in order to get cash to cover those living expenses.
- No Monthly Payments: When dollars are tight, and you are behind on the rent and car payment, you do not need another monthly bill. Instead of many monthly payments, a lawsuit loan is paid off in one lump sum when your lawsuit settles from the proceeds of your settlement. And only if you win!
- Fast Approval! Lawsuit loan applications are expedited because we realize you need the money, and you needed it yesterday!
- FastTrack App: In fact, Lawsuit-Loans-On-Line.com is unique in offering FastTrack App. FastTrack App requires some work on your part, but it considerably shortens the application process and gets you your money in just days. Maybe just hours! Click here to learn more about FastTrack App.
- Cash When You Need It Most! That’s the whole idea behind a lawsuit loan. There is some truth to the old adage that banks only lend money to people who do not need it. Banks will not lend money to a lawsuit plaintiff who is out of work and behind on his bills because he is out of work and behind on his bills!
Drawbacks of a Conventional Bank Loan
Unlike a lawsuit loan, which is relatively easy to qualify for if you have a valid legal claim, bank loans are harder and harder to qualify for.
- Credit Check: The bank will run your credit report, and will not be interested in loaning you money unless you have excellent credit.
- Employment Verification: A bank will not make a loan unless you can prove you have the income to make monthly payments.
- Application Fees: Banks often charge fees to run your credit report and cover other costs.
- Monthly Payments: The bank will require that you immediately begin to make monthly payments regardless of your ability to do so.
- Mandatory Repayment: The bank will require repayment of the entire loan plus interest regardless of the outcome of your lawsuit.
- Lower Cost: However, despite all of these factors, if you qualify for and receive a bank loan, it will probably cost a little less than a lawsuit loan!