No, you do not have to pay anything upfront to get a lawsuit loan from Tribeca Lawsuit Loans.
Lawsuit loans, also known as legal financing or pre-settlement funding, provide plaintiffs with immediate financial assistance without requiring upfront fees or payments. In this article, we will explain how these loans work, the benefits they offer, and how you can obtain one quickly through Tribeca.
If your application gets accepted at Tribeca, you can get the money in just 24 hours. Call us right away to obtain your lawsuit settlement loan.
What are upfront fees?
Upfront fees in the setting of lawsuit loans relate to any fees or costs that borrowers must pay prior to receiving the money. However, reputable legal financing businesses, like Tribeca Lawsuit Loans, work on a non-recourse basis, so even if you lose your case, you have no obligation to pay back the loan.
Therefore, when it pertains to lawsuit cash advances, upfront fees are not prevalent.
Different Types of Fees
Even if there is no initial payment necessary, it’s important to be aware of the costs involved with a lawsuit loan. When your lawsuit is successfully resolved, these expenses are often subtracted from the settlement sum. Typical types of costs include:
- Interest: Lawsuit loans are often subject to interest, which builds up over time until a settlement happens. It’s vital to carefully go over the loan agreement’s terms and conditions to determine the interest rate that will ultimately be charged.
- Origination Fee: A percentage of the loan amount is charged as an origination fee by some lenders who offer litigation loans. This fee, which is usually subtracted from the loan proceeds, typically pays for administrative overhead.
- Underwriting Fee: The litigation loan may occasionally be accompanied by an underwriting charge. The loan provider will use this charge to evaluate and examine your case.
Obtain your no up-front fee lawsuit loan from Tribeca today
Consider the advantages of receiving a settlement loan from Tribeca Lawsuit Loans if you are involved in a lawsuit and need financial assistance.
Begin your step toward obtaining the assistance you require to successfully navigate your legal journey by getting in contact with us at 866-388-2288 or by filling out our secure form.