Pennsylvania Pedestrian 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 Pedestrian Accident Loans in Pennsylvania
Pedestrian accident loans, often referred to as car accident loans, are a form of financial aid provided to individuals who have suffered injuries as pedestrians due to motor accidents. They are designed to lend a hand in dealing with the financial burdens that come hand-in-hand with such unfortunate events while awaiting the resolution of their legal cases.
It’s crucial to note that these pedestrian accident loans aren’t traditional loans as one might understand them. Instead, they are more accurately described as non-recourse advances on a plaintiff’s future car accident settlement. What this means, in simpler terms, is that the funding provider, such as LawsuitLoans.io, offers cash up-front to a claimant in exchange for part of their future legal settlement.
This is a risk-free form of funding, as the repayment is always contingent upon successful case resolution. If the plaintiff does not win their case, or if their settlement doesn’t cover the advance, they owe nothing to the funding company. This approval is not dependent on one’s credit score but rather on the strength and merits of their lawsuit.
So, if you’ve been an unfortunate victim of a pedestrian accident in Pennsylvania and find yourself waiting on a potential settlement with mounting bills to pay, a pedestrian accident loan may be your lifeline to financial peace of mind while your lawyer fights for your rightful compensation.
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
In Pennsylvania, car accident loans are a valuable resource for plaintiffs waiting for their legal case to resolve. These are the details that give you a better understanding of the general scope and conditions involving car accident loans in this state:
| 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. |
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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Pedestrian Accident Loan in Pennsylvania?
If you’ve been part of a pedestrian accident in Pennsylvania and are waiting for your legal case to resolve, you may be wondering if you’re eligible for a pre-settlement loan. The eligibility conditions for car accident lawsuit loans are quite straightforward.
The most essential criteria is to have a valid legal claim against an insurance company or a self-insured company. If you can prove that another party was at fault in the accident and you’ve filed a lawsuit against them, you’re one step closer to becoming eligible.
Secondly, you must have an attorney hired on a contingency basis. This means that your attorney will only receive payment if they successfully win your case or reach a settlement. This implies that your attorney strongly believes that your legal claim is solid and likely to result in a settlement or judgment.
The final criterion is your age. You must be 18 years old or above to be eligible for a pedestrian accident lawsuit loan in Pennsylvania.
If all these criteria apply to you, then you are likely eligible for a lawsuit loan from LawsuitLoans.io. You can apply for funding through our online application form or by calling our toll-free phone number (800) 340-4973.
Types of Pedestrian Accident Claims in Pennsylvania
In Pennsylvania, pedestrian accidents can occur in several ways. Here are a few examples:
- Intersection accidents: These types of accidents usually happen at crosswalks or traffic signals. They are often due to motorists failing to yield to pedestrians.
- Hit and Run accidents: In these cases, the driver leaves the scene after hitting a pedestrian. This presents challenges in pursuing claims against the responsible parties.
- Parking lot accidents: These occur when cars are reversing out of parking spaces and hit unsuspecting pedestrians.
- Bus stop accidents: Here, pedestrians get hit by buses or other vehicles near a bus stop.
Fault laws in Pennsylvania could significantly impact a plaintiff’s success in their lawsuit following their accident. The state uses a modified comparative negligence rule. This rule means that if a pedestrian is found to be partly to blame for the accident, their potential compensation may be reduced according to their degree of fault.
For example, if you are deemed to be 20% responsible for the accident, your total damages award could be reduced by 20%. Being fully aware of these rules can equip you with necessary information to navigate through your lawsuit.
If you require further assistance in understanding these claims or need financial help while waiting for your case to resolve, reach out to LawsuitLoans.io, a pre-settlement funding company providing funds to plaintiffs navigating through their legal claims.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. While your case is still in progress, we can provide advances up to a maximum of 25% of your expected share of the settlement. If your case has already been settled, we can offer up to 50% of your anticipated settlement portion.
Let’s consider a real-world example. Suppose you are a plaintiff in Pennsylvania involved in a pedestrian accident case that has an estimated value of $300,000. The case is ongoing and won’t be settled for quite some time. Typically, medical providers receive about one-third of the settlement sum, and the attorney collects another third. This would leave you, the plaintiff, with around $100,000. In this scenario, LawsuitLoans.io could advance approximately 25% of your share, or $25,000.
Roadway Accident Cases we Fund in Pennsylvania
We fund almost any type of roadway accident in Pennsylvania. Here are the types of cases that we provide funds for:
- Bicycle Accident Loans: Get funding while you wait for your bicycle accident claim to resolve.
- Car Accident Loans: We provide funding for car accident claims until your case is resolved.
- Commercial Vehicle Accident Loans: Get the funds you need for your commercial vehicle accident claim.
- Government Vehicle Accident Loans: We’re here to help with funding while you wait for your case to close.
- Motorcycle Accident Loans: Make ends meet while waiting for your motorcycle accident claim to resolve.
- Pedestrian Accident Loans: We provide financial assistance while your pedestrian accident case is pending.
- Rideshare Accident Loans: Get the funding you need while your rideshare accident case is under consideration.
- Semi-Truck Accident Loans: We provide funding until your semi-truck accident claim is fully resolved.
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 Pennsylvania
LawsuitLoans.io provides funding throughout Pennsylvania. See more about our funding in Pennsylvania by visiting the city pages below:
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: