Ohio 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 Ohio?
Rideshare accident loans, also known as pre-settlement car accident loans, are financial agreements tailored specifically for plaintiffs involved in rideshare accidents. These loans are non-recourse, meaning they are not traditional loans. Instead, they provide you with a cash advance against your future car accident settlement.
So how do these loans work exactly? If you’ve been injured in a rideshare accident and have filed a legal case, it might take several months to years to settle. During this time, you could be facing mounting bills and expenses due to lost wages and medical costs. Rideshare accident loans can help ease this financial burden by providing funds upfront to cover these expenses.
Please keep in mind that receiving a rideshare accident loan depends entirely on the strength of your case. The funding company, like LawsuitLoans.io will review your case thoroughly before approving your application for a loan. This review often includes assessing the fault in the accident, the extent of the injuries, as well as the potential value of your settlement. Therefore, the advance you receive will be a percentage of your anticipated settlement amount.
If you lose your case, you won’t have to repay anything. A non-recourse loan means that repayment only occurs if you win your case and receive a settlement. Therefore, a rideshare accident loan is essentially a risk-free option.
If you’re involved in a rideshare accident in Ohio and need assistance with your expenses before your settlement arrives, consider applying for a rideshare accident loan from LawsuitLoans.io.
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 Ohio
A car accident loan, also known as a pre-settlement funding, is designed to provide financial support to victims of car accidents in Ohio who are currently pursuing a legal case. These loans are a lifeline for plaintiffs who are waiting for their lawsuit to resolve, enabling them to cover living expenses, medical bills and other costs.
| Average car accident loan amount by LawsuitLoans.io in Ohio | $3,743.32 |
| Largest car accident loan by LawsuitLoans.io in Ohio | $32,286.88 |
| Average interest rate in Ohio | 20.7% |
| Median personal injury verdict in Ohio | $13,000.00 |
| Ohio statute of limitations | 2 Years; Title 23 Ch. 5 Section 2305.10 |
| Ohio fault laws | Ohio 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 Rideshare Accident Loan in Ohio?
If you have been involved in a car accident while using a rideshare service and you’re considering legal action, you might be curious if you are eligible for a lawsuit loan. The eligibility criteria are quite straightforward. Primarily, all you need is to be 18 years old or over, and to have an attorney working on your case on a contingency basis.
This means that your attorney only gets paid when they win your case or reach a favorable settlement. This is essential to us at LawsuitLoans.io because it shows us that your claim has merit.
We fund claims related to accidents involving any rideshare company or delivery service. For example:
- Uber, founded in 2009 and now one of the largest rideshare companies worldwide.
- Lyft, another global leader in ridesharing services founded in 2012.
- DoorDash, a popular food delivery service started in 2013.
If you’re involved in an accident while using any of these services or a similar one, you could be eligible for lawsuit funding from LawsuitLoans.io.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
How Much Money Can I Get From my Rideshare Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. We can give up to a maximum of 25% of your expected share of the settlement if your case is still in progress. For settled cases, we offer up to 50% of your expected portion of the settlement.
Let’s take an example. Assume a plaintiff from Ohio was involved in a rideshare accident. The claim has an estimated value of $500,000. The case won’t settle for some time. As typical, the medical providers receive around 1/3 of the settlement and the attorney receives another 1/3. As a result, the plaintiff would get about $170,000.
In this condition, LawsuitLoans.io can advance approximately 25% of that amount. This would be roughly $42,500. Remember: each case is unique. Therefore, the specific amount you could get from your pre-settlement loan may vary.
Get Started
Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Ohio
We fund nearly all types of roadway accidents in Ohio. Here is what we offer:
- Bicycle Accident Loans: If you’re involved in a bicycle accident, the legal case can be long. Our loan can help you cover your costs.
- Car Accident Loans: Car accidents can lead to substantial bills. Our loans ensure you’ll make ends meet while waiting for your case.
- Commercial Vehicle Accident Loans: If you’re hurt in a commercial vehicle accident, we can provide financial support while you pursue your claim.
- Government Vehicle Accident Loans: Accidents involving government vehicles can require lengthy litigation. We offer loans that help fill the gap.
- Motorcycle Accident Loans: Post-accident expenses can be heavy for motorcycle riders. Our loans give you breathing room while you wait for settlement.
- Pedestrian Accident Loans: Pedestrian accidents often result in serious injuries and caring costs. Our loans support you during this demanding time.
- Rideshare Accident Loans: If you suffer from a rideshare accident, we can lend you money to allow for financial stability.
- Semi-Truck Accident Loans: Semi-truck accidents can create considerable costs. We can help lessen the impact with our loans.
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 Ohio
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Ohio. Read more about the personal injury cases we fund in Ohio 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 Ohio here: