Car Accident Loans
- Get $500 – $500k in 24 hours for your auto accident claim
- Low, simple rates (no compounding!)
- Risk Free -, Repay $0 if you lose your case
Get Funding for Your Car Accident Lawsuit From Provident
Provident Lawsuit Loans offers quick and no-risk car accident loans to victims nationwide. Your satisfaction is our highest priority and our company’s lawsuit loans come with some of the lowest interest rates and fees in the industry.
We are a small but mighty team, and can get you the cash you need with quick 24-hour approvals. We use only simple interest rates on all car accident claims we fund, unlike some of the less affordable competitors out there who use compound interest to boost their profits.
We know how devastating a car accident can be on your physical, emotional and financial life, but we’ll do our best to get you back on track. Our lending team and underwriters are very friendly, quick and resourceful in getting what you need. We are a direct lending company and not a broker!
Call us at (800) 908-6860 or apply online via the form above to apply for your car accident lawsuit loan.
We go the Extra Mile! Our most recent client testimonials:
Commercial Vehicle Accidents
Nearly all commercial vehicles carry $100,000+ in liability coverage. Provident specializes in provident settlement funding for claims against commercial auto insurance companies. We can help you fight back for a fair settlement.
Bus Accidents
Whether your case is against a public (self-insured) or commercial operator, Provident has your back. Bus accident lawsuits aren’t typically a question of liability, so we provide some of the lowest rates in the industry.
Uber, Lyft & Ride-Sharing Accidents
During and after the pickup of a passenger, Uber and Lyft drivers carry $1 million in bodily injury and UIM (uninsured motorist) coverage). That means that you’re covered regardless of who caused the accident.
Semi-Truck Accidents
All semi-trucks must carry commercial liability insurance. However, you’re up against a large insurance company with more financial and legal resources than you have at your disposal. While they have seemingly unlimited funds, you may be struggling to make rent.
Taxi and Limousine Accidents
Just like other commercial vehicles, Taxis and Limousines typically carry substantial coverage. While actual limits vary, Provident can typically assume coverage in excess of $100k, even before policy limits are disclosed.
Pedestrian Accidents
Provident provides fast and easy funding for pedestrian accidents. Because pedestrian accidents can involve serious injuries, these types of cases can take a long time to settle..
Motorcycle Accidents
Even with full safety gear, motorcycle accidents often involve substantial damages. Given the typically high case values, Provident specializes in motorcycle accident lawsuits.
Bike Accidents
Unfortunately, bicyclists can be severely injured in an auto vs. bike accident. These cases typically involve large damages. As a result, bike accident victims can typically qualify for low rates on funding.
Private Vehicle Accidents
Even if the policy limits of the defendant are not yet known, Provident can fund private vehicle accident cases if the offending party is insured. Our private vehicle funding is fast and easy.
See all the personal injury claims we fund or
Call us toll-free at (800) 908-6860 to instantly find out if you qualify
States We Serve: Car Accident Loans from Provident Lawsuit Loans
Provident assists residents of the following states with requests for accident lawsuit loans:
| Western US | Midwest | Southern US | Northeast |
|---|---|---|---|
| Alaska | Iowa | Alabama | Delaware |
| Arizona | Michigan | Florida | Maine |
| California | Minnesota | Georgia | Massachusetts |
| Hawaii | Nebraska | Louisiana | New Hampshire |
| Idaho | North Dakota | Mississippi | New Jersey |
| Montana | Ohio | Texas | New York |
| New Mexico | South Dakota | Virginia | Pennsylvania |
| Oregon | Wisconsin | Rhode Island | |
| Washington | |||
| Wyoming |
What is a Car Accident Loan?
A Car Accident Loan is a financial assistance option for individuals involved in car accident lawsuits. When someone is injured in a car accident, they may file a lawsuit seeking compensation. In short, this legal process can be lengthy, leading to financial strain from medical bills and lost wages.
Car accident settlement loans from a company such as Provident Lawsuit Loans provides immediate funds to cover these expenses during the litigation period. The loan is typically repaid from the settlement or judgment once the case is resolved. This type of funding helps plaintiffs manage their finances and avoid the pressure to settle early for less compensation than they deserve.
Why Get a Car Accident Funding from Provident Lawsuit Loans?
If you’ve been in a car accident, you currently may be out of work, have high medical bills, and to top it all off if you’re the victim and you’re suing, you’re likely spending countless time and energy fighting a court case with the at-fault party… This can all make meeting your everyday living expenses a nightmare. Your healing is paramount, but you also have to pay the bills!
That’s where car accident loans from Provident Lawsuit Loans can help. We take care of your financial needs so you can focus on your physical and emotional well-being.
Whether it be an insurance company or an individual, the other side knows who they’re up against: an independent plaintiff who is financially stressed and eager for a resolution. Insurance companies often try to pressure people to settle early and way under the deserved compensation amount just so they can meet rent, and it’s often a successful tactic. Even if the defending ultimately plans to settle, they may drag a car accident lawsuit out in an effort to get you to settle for less.
Applying for a car accident funding with Provident Lawsuit Loans can eliminate this issue by giving you the upper hand in your case. We work with clients in a wide array of cases, but we take pride in helping auto accident victims get the justice they deserve. We can give you an advance on your settlement to pay your medical bills, rent, food — anything that your inability to work is turning into a roadblock.
One of our core principles is that access to justice shouldn’t be based on financial resources. We help plaintiffs hold insurance companies accountable. Best of all, it’s risk-free — if you don’t win or settle your case, you owe us nothing.
Are car accident loans a traditional loan?
No, a car accident loan is not a traditional loan, instead it is a cash advance where repayment is dependent upon the plaintiff receiving a settlement. If your case is settled or you prevail in court, you take the settlement, but your attorney will pay back the car accident loan interest and fees directly to the funding company. The cash advance for the accrues interest until the date it is repaid.
However, if your case is unsuccessful for any reason, you are not required to repay the car accident loan. Both principal and interest are entirely forgiven and you will not be “on the hook” for any amount of money. If you lose your case, the advance is yours to keep for free.
So the more important question is, what is a lawsuit loan?
A lawsuit loan isn’t really a loan at all. It’s a bit of a misnomer. Car accident loan companies instead purchase a portion of your future settlement. Auto accident lawsuit advances from Provident all come with no-win/no-pay guarantees.
In the meantime, the cash upfront can help you pay for living and medical expenses if you’re injured and out of work, or just short on cash. This means that your lawyer will be able to take their time getting you a fair auto accident settlement.
How To Apply for Car Accident Lawsuit Funding with Provident
Provident Legal Funding is committed to delivering immediate financial assistance through pre-settlement loans, empowering you to navigate the aftermath of personal injuries with ease.
Our streamlined loan application process ensures you can access funds ranging from $500 to $250,000 swiftly, often on the same day you apply. Here’s a glimpse into our efficient approach:
Apply for Loan Ease
Initiate your journey by applying online or contacting us directly. Our goal is to provide you with rapid financial relief after your car accident, potentially on the same day of your application.
Swift Review Process
Upon receiving your application, we promptly liaise with your accident attorney to gain insights into your case. This phase is swift, aiming to understand the nuances of your personal injury lawsuit without unnecessary delays while our underwriter spins up a loan for you.
Immediate Financial Relief
Following a thorough review and agreement by you and your legal representative, Provident Legal Funding expedites the pre-settlement advance directly to you, ensuring you have the financial support when you need it most. Cash can be sent as a check or wired bank account or financial institution of your choice.
What Is the Process for Getting a Pre-Settlement Loan from Provident Legal Funding?
When you contact Provident Legal Funding, we quickly start your pre-settlement loan process by consulting with your accident attorney to understand your personal injury case and estimate a potential settlement. This helps determine your loan amount, which can range from $500 to $250,000.
Our process is designed for speed and simplicity, ensuring you get the financial assistance you need without the hassle. We don’t require credit checks or employment history, focusing solely on your lawsuit’s strength for eligibility.
With Provident Legal Funding, you can expect swift action on your application, often leading to same-day pre-settlement advances, demonstrating our commitment to your financial well-being during your personal injury lawsuit.
What does a car accident loan cost?
Car accident loans come with a cost – interest accrues from when you take out the advance until when your case settles. Some lawsuit lending companies also charge fees that roll into the cost of your advance.
At Provident Lawsuit Loans, we exclusively charge simple, non-compounding rates. We never charge any upfront fees and there are no monthly payments.
If (and only if) your case resolves in your favor, your attorney will pay us back from your portion of your claims’ settlement proceeds.
We offer competitive terms and will gladly beat any other contract on the charged interest rate, amount offered, or both!
How long does it take to get a loan on my auto accident lawsuit?
Getting an auto accident settlement loan from Provident Lawsuit Loans is always fast and easy. The entire process can happen in as little as a few hours of time.
Once you apply, we reach out to your attorney to get some details about your car accident claim. This is the big question mark in terms of how long it will take to process your request. We frequently have attorneys who respond to our request or get on the phone with us within minutes of an application. If your attorney is on vacation or unresponsive, this portion of the process can take much longer.
Always give your attorney the heads-up that you are applying with Provident Lawsuit Loans. Let them know that you authorize them to disclose information about your car accident claim to us. The main information we collect is a police report (if available) and basic medical records illustrating the extent of your injury.
The rest of the process is easy. Once we receive a response from your law firm with the information we request, we can get you approved and send a contract the same day.
After you and your attorney review and sign our agreement, we offer several same-day electronic funding options (Western Union, bank wire, etc.). We can also send a check for next-day delivery.
Advantages of Pre-Settlement Funding for Car Accident Cases
Pre-settlement funding provides crucial support for car accident victims, helping cover medical treatment and legal fees without the need to settle early for a lower payout. Our lawsuit funding company focuses on the strength of your car accident case, not your credit score or job history, making the process straightforward and risk-free. If you don’t win your case, there’s no repayment required.
We simplify the process by coordinating directly with your attorney, ensuring a swift transfer of funds to your bank account for immediate use. This financial assistance is designed to alleviate the burden of expenses, allowing you to focus on recovery without financial stress.
Apply Today For a Pre-Settlement Auto Accident Loan from Provident
Fill out our online application form below or call our friendly team at (800) 908-6860 today! We offer auto accident loans to plaintiffs nationwide have some of the lowest rates in the industry.
With Provident, you can have your cash advance in your hands within 24 hours of approval. Don’t wait – apply now and let Provident be your lender of choice for your traffic accident lawsuit.
Pre-Settlement Car Accident Loan FAQs
Not every pre-settlement funding company offers the same rates on legal funding. Many industry leaders will have more lax underwriting standards, but this means they pass these losses along to plaintiffs in the form of high interest rates and fees.
Because Provident is more conservative with funding, we are able to offer lower rates than large competitors.
Qualifying for car accident lending with Provident is fast and easy. To review your case for funding, we only require that:
You’re 18 years of age or older. You have a valid auto accident claim. An attorney represents you on a contingency basis and will control settlement proceeds in a trust account.
Once you’ve qualified, we’ll reach out to your attorney directly to see if we can approve your case for funding. Because car accident lending often involve very clear and well-documented liability, Provident frequently funds accident claims within 24 hours.
The amount you qualify for depends on an estimate of your case value. Typically, Provident can advance 10% – 15% of the expected value of your auto accident claim.
Assuming conservative treatment for your injuries, as a general rule-of-thumb, we assume around two to three times medical expenses for auto accident lawsuit settlements.
Because our underwriters are practicing auto accident lawyers, we’re able to provide more funding at lower rates than most competitors. Because we have lower loss rates and only fund strong auto accident claims, you get to keep more of your settlement in your pocket.
Every personal injury case is different. The main factors we consider when making a decision are liability, damages, and insurance coverage. Thankfully, car accident claims usually have very well-documented liability in the form of a traffic accident report.
If it is clear that you were not at fault for the accident and there is sufficient insurance coverage to pay for your medical expenses, it is quite likely that we will approve your case for funding.