Pennsylvania Rideshare Accident 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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What Are Rideshare Accident Loans in Pennsylvania
Rideshare accident loans in Pennsylvania are a specific type of financing offered by LawsuitLoans.io. They can also be referred to as car accident loans. When you suffer from an injury, dealing with the legal processes takes time and effort. Medical bills and day-to-day expenses continue to grow. This is where rideshare or car accident loans come into the picture.
So, what are these loans and how do they work? These are non-recourse advances on your potential settlement from a future car accident lawsuit. Non-recourse means that if you don’t win your case, you don’t owe anything back to the lender. To clarify, this isn’t a loan in the traditional sense. It’s more of a cash advance based on the expected outcome of your legal case.
In other words, car accident loans provide instant relief from financial pressures allowing you to focus more on recovery and less on the mounting bills. For more details or to apply for an accident loan, contact LawsuitLoans.io at (800) 340-4973 or fill out the application form available at LawsuitLoans.io funding application.
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.
Key Information About Car Accident Loans in Pennsylvania
Car accident loans, also known as lawsuit loans, provide immediate financial relief to plaintiffs while they wait for their case to resolve. In Pennsylvania, these loans can play a crucial role due to the state’s particular legal context regarding car accidents. Below is some key data related to lawsuit loan amounts, interest rates, average verdicts, and relevant laws in Pennsylvania:
Average car accident loan amount by LawsuitLoans.io in Pennsylvania | $18,024.14 |
Largest car accident loan by LawsuitLoans.io in Pennsylvania | $185,135.00 |
Average interest rate in Pennsylvania | 20.2% |
Median personal injury verdict in Pennsylvania | $15,000 to $45,000 |
Pennsylvania statute of limitations | 2 Years; 42 Penn. Cons. Statutes Section 5524 |
Pennsylvania fault laws | Pennsylvania is a “choice no-fault” state, allowing drivers to choose between a “no-fault” policy and a traditional “at-fault” policy. |
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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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Rideshare Accident Loan in Pennsylvania?
If you’ve been involved in a car accident that wasn’t your fault and are considering taking legal action, you may be wondering: am I eligible for a lawsuit loan? Here, we will discuss the eligibility criteria for car accident lawsuit loans, specifically pertaining to rideshare accidents in Pennsylvania.
Given that a high insurance policy is typically involved in every rideshare accident claim, the primary eligibility criteria for these claims are quite simple. You must have an attorney engaged on a contingency basis and be at least 18 years of age.
At LawsuitLoans.io, we fund claims arising from accidents involving any rideshare company or delivery service. Just to give you an idea, some of these companies include:
- Uber – Founded in March 2009, Uber operates in more than 900 metropolitan areas worldwide.
- Lyft – Established in June 2012, Lyft operates in about 644 cities in the US and 12 in Canada.
- DoorDash – An on-demand food delivery service founded in July 2013.
- Instacart – A grocery delivery and pick-up service launched in June 2012.
Remember, if you meet the aforementioned criteria, you could be eligible for a lawsuit loan to help support you financially throughout your case.
How Much Money Can I Get From my Rideshare Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to $1,000,000 or more. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
To illustrate this, let’s consider an example: A plaintiff in Pennsylvania was involved in a rideshare accident with an estimated value claim of $500,000. The case is still progressing and will not settle for some time. As a general rule of thumb, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement, and as a result, the plaintiff would receive around $170,000. We, at LawsuitLoans.io, can advance approximately 25% of that amount or $42,500.
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Roadway Accident Cases we Fund in Pennsylvania
At LawsuitLoans.io, we provide funds for almost any type of roadway accidents in Pennsylvania. Here are some of the specific cases we fund:
- Bicycle Accident Loans: These loans provide funding for claimants pursuing legal action due to injuries sustained in a bicycle accident.
- Car Accident Loans: These give financial support to plaintiffs involved in lawsuits related to car accidents.
- Commercial Vehicle Accident Loans: When a person is injured by a commercial vehicle and pursues a lawsuit, they may qualify for this loan.
- Government Vehicle Accident Loans: This loan helps people taking legal action after being hurt by a government vehicle.
- Motorcycle Accident Loans: Individuals injured in a motorcycle accident and waiting for their lawsuit to go through may find this loan helpful.
- Pedestrian Accident Loans: These are designed to help pedestrians injured in an accident file a lawsuit and wait for its resolution.
- Rideshare Accident Loans: Ride-sharing accidents could result in a lawsuit. We provide funding during the process.
- Semi-Truck Accident Loans: People hurt by semi-trucks and fighting for justice in court may qualify for this loan type.
Cities we Service in Pennsylvania
LawsuitLoans.io provides funding throughout Pennsylvania. See more about our funding in Pennsylvania by visiting the city pages below:
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.
Other Cases we Fund in Pennsylvania
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Pennsylvania. Read more about the personal injury cases we fund in Pennsylvania 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 Pennsylvania here: