Rhode Island Lawsuit Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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Important Rhode Island Lawsuit Loan Information
This section gives crucial information about lawsuit loans in Rhode Island. The facts displayed in the table show a snapshot of the typical lawsuits and typical settlement funding details by LawsuitLoans.io for Rhode Island.
| Average loan amount by LawsuitLoans.io in Rhode Island | $2,005.00 |
| Largest loan by LawsuitLoans.io in Rhode Island | $8,340.00 |
| Average semi-annual rate in Rhode Island | 22.1% |
| Median personal injury verdict in Rhode Island | $20,906.00 |
| Rhode Island statute of limitations | 3 Years; Title 9 Ch. 1 Section 9-1-14 |
| Rhode Island fault laws | Rhode Island is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
How Much Money Can I Get From my Lawsuit Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. Currently, if your case is still in progress, we are able to advance up to a maximum of 25% of your expected part of the settlement. If your case has already been settled, we can offer up to 50% of your expected portion of the settlement.
For example, let’s consider a plaintiff in a car accident case in Rhode Island. The estimated value of their case is $100,000, but it is still in progress and won’t settle for quite some time. Medical providers would receive around 1/3 of the settlement – approximately $33,333. The attorney would also receive about the same amount. Consequently, the plaintiff should receive roughly $33,333. Given this, we could potentially advance around 25% of that amount which computes to $8,333.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Common Case Types We Fund in Rhode Island
At LawsuitLoans.io, our primary focus is giving plaintiffs the tools to be successful in their court cases. One such tool is financial aid with several case types. Here are some of the most common situations we fund in Rhode Island:
- Auto and Other Roadway Accidents: If you’re involved in a car or other roadway accident due to the negligence of another, you may require resources to cope during the litigation process. We can help fund your lawsuit to fight for your rightful compensation.
- Premises Liability: When property owners negate their responsibility and accidents occur as a result, you have the right to pursue a claim. We offer funding services to ensure you can adequately fight for your rights.
- Medical Malpractice: If a healthcare professional has caused you harm through negligence, this falls under medical malpractice. This legal process can be lengthy, during which we can provide necessary financial assistance.
- Labor Law Claims: Wrongs in the workplace, like wage disputes or unfair labor practices, come under Labor law claims. We can provide financial support as you navigate these complex issues.
- Employment Claims: From wrongful termination to workplace discrimination, employment claims require resources to seek justice. We are here to financially assist you on your journey.
- Other Personal Injury Claims: Any injury that occurs due to another’s negligence is a personal injury claim. You should be financially stable as you seek compensation, which is where we can help.
To find more comprehensive information about these case types and how LawsuitLoans.io can assist you, kindly visit the following pages: Rhode Island Personal Injury Loans and Rhode Island Car Accident Loans.
Am I Eligible for a Lawsuit Loan in Rhode Island?
If you are involved in a lawsuit and wondering whether you qualify for a pre-settlement loan, here are the key factors to consider. The core criteria include:
- Having a valid legal claim— We provide funds to plaintiffs who are pursuing a lawsuit against an insurance company, self-insured business, or large public entity.
- Having an attorney—LawsuitLoans.io works with your legal counsel to understand the details of your case. This ensures efficient processing and better servicing of your funding request.
- Being over 18 years old— Since minors cannot legally agree to such contracts, you must be at least 18 years old to qualify for a pre-settlement loan.
These are among the main eligibility standards necessary for a lawsuit loan in Rhode Island. If you meet these criteria, you are likely eligible for a pre-settlement loan.
Get Started
Apply today and get funds in as little as 24 hours!
What Can I Use the Money From My Lawsuit Loan For?
When you get a lawsuit loan, you have the freedom to use the funds in many ways. The most common use is for everyday living expenses. This can include rent or mortgage payments, utilities, groceries, and car payments. A sudden injury or lawsuit can make it difficult to keep up with these expenses, but a lawsuit loan can help bridge that gap.
You may also use the money for medical expenses. This can be particularly helpful if your lawsuit involves a personal injury that requires ongoing treatment. For example, you might need physical therapy, prescription medications, surgery, or other forms of medical intervention. Lawsuit loans can help cover these costs and ensure you receive the care you need.
The only restriction is that you cannot use the funds directly for litigation or legal case expenses. This means you cannot pay your attorney or buy expert testimony with money from your lawsuit loan. Despite this limitation, a lawsuit loan can greatly relieve financial pressure and allow you to focus on your case.
Rhode Island Pre-Settlement Funding FAQs
There are some key questions that residents of Rhode Island often ask about pre-settlement funding. We will address those questions below:
How much does it cost to get a lawsuit loan?
Each lawsuit loan varies and depends on different factors. Factors such as the estimated value of your case, and the risk involved may affect the cost of the loan. To understand fees or costs associated with your loan, please call our toll-free number (800) 340-4973 or visit LawsuitLoans.io.
Do I qualify for a lawsuit loan?
If you have a personal injury claim or other legal cases in Rhode Island and have hired an attorney, you likely qualify. Your attorney should be working on a contingency basis. You can check your eligibility by filling out an application at LawsuitLoans.io funding application.
How much funding can I get?
The amount of funding you receive is based on the value of your case. It’s not a one-size-fits-all situation. Some people may receive hundreds of dollars, while others could get thousands or more. Again, we advise speaking to a representative from LawsuitLoans.io or utilizing our online application feature to determine potential funding amounts.
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Cities we Service in Rhode Island
LawsuitLoans.io provides funding throughout Rhode Island. See more about our funding in Rhode Island by visiting the city pages below:
Cases we Fund in Rhode Island
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Rhode Island. Read more about the personal injury cases we fund in Rhode Island here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Rhode Island here: