| |
Newsroom /
Finance
/
Finance
/
How Legal Funding can Save Your Credit
How Legal Funding can Save Your Credit
Even if you have credit available, sometimes legal funding has a lower rate of interest than a fee credit card out there. Moreover, legal funding is non-recourse, which means if you lose your case, you don’t have to pay back.
Langhorne,
PA,
United States of America
(prbd.net)
21/06/2011
When people apply for legal funding they are in a need for money more often than not as a result of a hardship from their lawsuit. Many people turn to credit cards, when injuries don’t allow them to make an income though many don’t have this type of credit available making legal funding a better choice. legal funding has lower interest rate and its non recourse, when compared with credit cards. Non-recourse means if you lose your case, you owe nothing.
When a personal injury has taken place and the victim of an accident is unable to work for a long period of time. The person may not be able to settle his household bills, medical expenses and monthly bills, which might be increasing day-by-day. During such situations, he can make use of legal funding through which he can ask for a lawsuit case advance before the case comes to a settlement. There are other options that one may consider prior to applying for legal funding. Many people turn to credit cards and personal loans when they are unable to work due to an accident, still many don’t have this type of credit available making legal funding a better choice. However, legal funding sometimes has a lower interest rate than credit and most importantly its non recourse. Moreover, most of the credit card companies will lend money on a non recourse basis.
Lighthouse Legal is a national legal financing firm, which provides a variety of different legal funding for personal injury cases including Accident Cash Financing, personal injury, wrongful death and much more. Some legal funding offered by this firm are Pre settlement lawsuit funding, Structured Settlement and law firm funding. Legal Finance can offer legal funding between $500 and $500,000 in as little as 24-48 hours. Moreover, legal process may be long and difficult. However, Lighthouse legal make their Legal Funding application fast and simple.
Legal Funding is based on the strength of each case. This firm’s team of professionals will carefully review the documentation of each lawsuit to calculate the probability of a win at trial, as well as a settlement out of court. They will use that information to determine if your specific case is eligible for funding. So, make use of legal funding and start to save your credit.
About Lighthouse Legal Finance:
Lighthouse Legal Finance is a national legal financing firm, which provides a variety of different legal funding for personal injury cases. Sometimes legal funding has a lower interest rate than credit. Moreover, legal funding is non-recourse.
For more details, log on to: http://www.lighthouselegal.com/services/legal-funding/
###
About
Lighthouse Legal Finance is a fast growing firm that provides lowest price guarantee lawsuit funding program. There is no risk involved in lawsuit funding, because you pay them only if you win the case. With this firm, you have the time to get a higher settlement through lawsuit funding.
For more details, log on to: http://www.lighthouselegal.com
|