Starting your legal journey is nerve-wracking. Deciding to take action against someone who has wronged you is a step in the right direction. Seeking justice is your right, but finding the best attorney to help you or finding financial help along the way is very challenging.
Our team at Tribeca Lawsuit Loans is here to ease your worries by providing clients with lawsuit loans in Oakland. We have worked with thousands of clients across the country and have provided over $45 million in loans. All you need to do to receive our help is provide information about your attorney and your lawsuit. We will take care of the rest.
Why Choose a Lawsuit Loan Instead of a Personal Loan?
Deciding on a loan provider is no easy feat. It takes time and research to find the right company to give you the best rates for your loan. Many people choose personal loans because they are familiar with the process. A personal loan can be provided through your bank, credit card, or a third party. Here are three differences between a personal loan and a legal loan:
We never ask for your credit score or financial history. We are only concerned about the strength of your lawsuit. If we approve your application, it is a strong indicator that we believe you will win your case. We only get paid when you win, so we try to choose cases that show promising results.
Many loan providers use compound interest, where you pay drastically more over the course of the loan. The more interest you pay, the less you pay off your principal upfront, and the more money a provider can make off you.
We set ourselves apart from other loan providers because we believe in simple interest, which is like a flat rate. We know that you are seeking financial help and we want to provide that help without adding unnecessary stress or debt.
Personal loans require different payback methods. Sometimes they provide a grace period, but they often want you to start paying back as soon as possible. Personal loans are also typically recourse loans, which means they are structured so that they can go after your wages or assets if you default on the loan.
Our pre-settlement funding in Oakland is structured as non-recourse loans. We cannot go after your wages or assets for repayment. We get paid when your lawsuit is resolved.
But what if you lose your lawsuit? If you do not win, you get to keep the loan money and not pay us back.
How Much Can I Get in Legal Funding in Oakland?
Just like each lawsuit is unique, so is every legal loan. The amount of our loan is dependent on the needs of your situation and the projected amount of your case. A car accident where someone sustains traumatic brain injury may have a higher award than someone who broke a toe.
Because there is no way to predict the future, we have to use all the information we have on your claim and historical cases. We offer civil litigants legal funding ranging from $500 to $1,000,000. Whatever the amount, we are ready to work with you and find common ground that benefits you.
Get Started with Pre-Settlement Funding by Reaching Out Today
Asking for help is the hardest step. If you are ready to learn about how a lawsuit loan in Oakland can benefit you and your legal journey, fill out our Apply Now form or call us at (866) 388-2288. We are ready to answer all your questions or concerns.