Iowa Car 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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Pre-Settlement Funding for Car Accidents in Iowa?
Car accident loans, also known as pre-settlement funding, are financial tools designed to assist plaintiffs involved in car accident lawsuits. These are non-recourse advances provided on a potential future settlement the plaintiff may receive in their legal case.
If you’re involved in a car accident and undergoing a legal process, it’s possible that you’ll face financial challenges due to medical bills or loss of income. This is where a car accident loan steps in. It allows you to use the expected settlement from your car accident case to get support for your immediate financial needs.
For instance, John, a resident of Iowa, gets into a car accident. While his lawsuit is in progress, John realizes he is having trouble paying his day-to-day expenses, medical bills, and attorney’s fees. By availing a car accident loan from a reputable company like LawsuitLoans.io, John can bridge this gap using the future settlement from his case. This way, even as his case progresses, John can cater to his financial obligations without stress.
It’s essential to understand that car accident loans are non-recourse advances. This means if your case doesn’t resolve in your favor, you do not have to pay back the advance. Also, these loans should be used responsibly, considering them as a part of your financial strategy during the legal process.
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 Iowa
If you’re in Iowa and involved in a car accident, you may be entitled to a lawsuit loan while you wait for your case to settle. In this section, we provide some key facts about car accident lawsuit loans in Iowa by LawsuitLoans.io.
| Average car accident loan amount by LawsuitLoans.io in Iowa | $17,308.60 |
| Largest car accident loan by LawsuitLoans.io in Iowa | $76,993.00 |
| Average interest rate in Iowa | 21.5% |
| Median personal injury verdict in Iowa | $36,513.00 |
| Iowa statute of limitations | 2 years; Iowa Code Ann. Section 614.1 |
| Iowa fault laws | Iowa 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.
Am I Eligible for a Car Accident Loan in Iowa?
Are you wondering whether you can get a car accident loan in Iowa? If you’re involved in a car accident case and waiting for it to get settled, a car accident lawsuit loan might be a good option for you. But are you eligible for it?
The primary eligibility requirements for a car accident loan from LawsuitLoans.io include:
- Having a valid legal claim – you must be a plaintiff in a personal injury case against another party such as an insurance company or a self-insured entity.
- Having retained an attorney on a contingency basis – This means that your attorney only gets paid if they win or settle your case.
- Being at least 18 years old – You must be of legal age to apply for and receive a lawsuit loan.
These are the basic requirements, but each case is unique, and other factors may also come into play. To learn more about your eligibility, feel free to visit LawsuitLoans.io funding application or call the toll-free number (800) 340-4973.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Roadway Accident Cases we Fund in Iowa
We at LawsuitLoans.io are happy to say that we fund almost any type of roadway accident case in Iowa. This includes:
- Bicycle Accident Loans: Funding support for victims involved in accidents while biking.
- Car Accident Loans: We provide funds to victims of car accidents, aiding their financial recovery.
- Commercial Vehicle Accident Loans: These loans are available for those involved in accidents with commercial vehicles like vans and trucks.
- Government Vehicle Accident Loans: If you’re in an accident with a government vehicle, we can help mitigate the financial strain.
- Motorcycle Accident Loans: Motorcycle accidents can result in serious injuries. Our funding helps victims during the recovery process.
- Pedestrian Accident Loans: Being hit as a pedestrian can lead to serious injury and unforseen costs, we offer financial support until your case is settled.
- Rideshare Accident Loans: If you’re injured in a rideshare like Uber or Lyft, we can provide necessary funding.
- Semi-Truck Accident Loans: For those involved in accidents with semi-trucks, we contribute to manage the financial fallout.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Car Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can advance up to a maximum of 25% of your expected share of the settlement if your case is still in progress. For settled cases, we can provide up to 50% of your expected share of the settlement.
Let’s consider an example of an Iowa plaintiff involved in a car accident case with an estimated value of $50,000. The case will not settle for some time because it is still in progress. As a common practice, medical providers receive around 1/3 of the settlement; the attorney gets another 1/3 of the settlement. Thus, the plaintiff would receive approximately $17,000. Consequently, LawsuitLoans.io can potentially offer an advance of about 25% of that amount, or $4,250.
Major Cities we Serve in Iowa
LawsuitLoans.io provides lawsuit funding services to all cities in Iowa and across the nation. However, here we list the top ten most populous cities in Iowa we serve:
- Des Moines
- Cedar Rapids
- Davenport
- Sioux City
- Iowa City
- Ames
- West Des Moines
- Ankeny
- Council Bluffs
- Dubuque
If your city is not listed above, do not worry. We serve all residents of Iowa. Contact us through our website or toll-free number for more information and assistance.
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 Iowa
LawsuitLoans.io provides funding throughout Iowa. See more about our funding in Iowa by visiting the city pages below:
Other Cases we Fund in Iowa
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Iowa. Read more about the personal injury cases we fund in Iowa 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 Iowa here: