South Dakota 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 South Dakota?
If you’ve been hit by a car as a pedestrian, you may struggle with medical bills, lost wages, and other losses. This where pedestrian accident loans come in. But what exactly are they?
A pedestrian accident loan is a cash advance to aid plaintiffs who are involved in a personal injury case due to a pedestrian-car accident. These funds can provide financial stability to plaintiffs while they wait for their legal case to resolve.
Essentially, it’s an advance on your potential future settlement. It works on a non-recourse basis, which means if you don’t win your lawsuit, you don’t have to pay back the cash advance. The amount of funding is based on the strength of your case and the expected settlement amount. If you don’t receive any settlement, then you are under no obligation to repay the loan.
So, a pedestrian accident loan can serve as a lifeline, giving you access to funds you need during a challenging time. It can help alleviate the financial stress while you focus on recovering and settling your lawsuit.
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 South Dakota
If you’ve had a car accident in South Dakota and filed a legal claim, you may be eligible for a lending opportunity from LawsuitLoans.io. This could provide financial assistance while you await the resolution of your case. Here are some key details:
| Average car accident loan amount by LawsuitLoans.io in South Dakota | $9,400.00 |
| Largest car accident loan by LawsuitLoans.io in South Dakota | $14,300.00 |
| Average interest rate in South Dakota | 22.5% |
| Median personal injury verdict in South Dakota | $31,000.00 |
| South Dakota statute of limitations | 3 Years; Title 15 Ch. 2 Section 15-2-14 |
| South Dakota fault laws | South Dakota is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
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 South Dakota?
If you have been injured as a pedestrian in a car accident and are currently involved in a lawsuit in South Dakota, you may be wondering whether you qualify for a pre-settlement funding or a lawsuit loan. The eligibility requirements for a pedestrian accident lawsuit loan primarily revolve around three core criteria. Let’s give them a closer look.
Being a Party in a Valid Legal Claim
The first requirement is that you must have a valid legal claim against an insurance company or a self-insured company. In other words, you need to have an ongoing litigation process where you are seeking compensation for the injuries you sustained as a result of the accident.
Hiring an Attorney on a Contingency Basis
The second criterion is having an attorney working for you on a contingency basis. This implies that your legal representation costs are dependent on the success of your case. Your attorney only gets paid if you win the lawsuit or agree upon a reasonable settlement.
Age Requirement
The last requirement is simply being 18 years old or above, which indicates you’re of legal age to participate in a lawsuit and subsequently apply for a lawsuit loan.
Please note that LawsuitLoans.io can further assist in explaining these eligibility requirements, answer any queries, and guide you through the funding application process. Do not hesitate to reach us via our toll-free number, (800) 340-4973.
Types of Pedestrian Accident Claims in South Dakota
Pedestrian accidents occur more often than you might think and they can have devastating effects. They often happen in a variety of ways and can lead to serious injuries or even death. Here are a few examples of pedestrian accident claims made in South Dakota:
- Intersection accidents: These usually occur when drivers fail to yield to pedestrians at crosswalks.
- Distracted driving accidents: This occurs when drivers do not concentrate on the road because they may be texting, eating, or using a cell phone.
- Backing-up accidents: Oftentimes drivers don’t notice pedestrians while reversing their vehicles, leading to accidents.
- Drunk driving accidents: When drivers under the influence of alcohol or drugs hit pedestrians this can lead to severe cases.
It’s important to note that South Dakota operates under the comparative fault rule in accident cases. This means that if a pedestrian is found partially at fault for the accident, it may reduce the amount of damages they can recover. For instance, if a pedestrian is found 20% at fault, they may only recover 80% of the damages from other parties.
In South Dakota, every accident claim is unique and the chance of success in your lawsuit greatly relies on the circumstances of your accident. Always ensure you consult with professional legal advice before proceeding with any claim.
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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 – $1,000,000+. 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. Let’s take an example to understand it better:
A plaintiff in South Dakota has a pedestrian accident case with an estimated value of $300,000. The case is still under progress 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 the plaintiff would receive around $100,000 of this settlement.
In such a scenario, LawsuitLoans.io can advance approximately 25% of $100,000, which is $25,000. That’s the kind of financial aid we can provide while you are waiting for your settlement.
Roadway Accident Cases we Fund in South Dakota
LawsuitLoans.io funds nearly all types of roadway accident cases in South Dakota. Here are a few examples:
- Bicycle Accident Loans – For bicycle riders injured due to negligence or misconduct from others.
- Car Accident Loans – Funding for victims who got hurt in car crashes.
- Commercial Vehicle Accident Loans – Support for people hurt in accidents involving commercial vehicles.
- Government Vehicle Accident Loans – Help for accident victims involving government vehicles.
- Motorcycle Accident Loans – Financial support designed for victims of motorcycle accidents.
- Pedestrian Accident Loans – Financial relief for pedestrians struck by vehicles.
- Rideshare Accident Loans – For passengers or drivers injured during rideshare services.
- Semi-Truck Accident Loans – Aid for those hurt in accidents involving semi-trucks.
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 South Dakota
LawsuitLoans.io provides funding throughout South Dakota. See more about our funding in South Dakota by visiting the city pages below:
Other Cases we Fund in South Dakota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in South Dakota. Read more about the personal injury cases we fund in South Dakota 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 South Dakota here:
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Does LawsuitLoans.io Directly Fund Cases in South Dakota?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in South Dakota.