Oregon 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
Apply in Seconds
What Are Rideshare Accident Loans in Oregon
A car accident loan, often referred to as a rideshare accident loan in the context of accidents involving ridesharing services, is a type of funding meant to help plaintiffs who have pending lawsuits related to car accidents. These lawsuit loans are non-recourse in nature. This means that the funds advanced are only repaid from the settlement of the lawsuit.
The process of obtaining a car accident loan typically starts with the plaintiff filling out an application. Lenders like LawsuitLoans.io assess the potential lawsuit’s merit and approximate value based on the information provided, which usually includes case details and attorney contact info.
If approved, the plaintiff receives an advance against their future settlement. In essence, it’s a lifeline thrown to individuals who need immediate cash while they await the resolution of their legal case.
One crucial point to understand is that these loans are not like traditional ones. If the plaintiff does not win their case, they do not have to pay back the loan. This risk is borne by the lawsuit loan company, making the loan non-recourse. These specifics make car accident loans not just a financial choice, but also a strategic decision made considering the progression of their 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 Oregon
If you have filed a lawsuit due to a car accident in Oregon, LawsuitLoans.io may be able to provide you with funds to support you during the litigation process. This table summarizes key information regarding car accident loans in Oregon:
| Average car accident loan amount by LawsuitLoans.io in Oregon | $18,927.10 |
| Largest car accident loan by LawsuitLoans.io in Oregon | $123,059.00 |
| Average interest rate in Oregon | 20.4% |
| Median personal injury verdict in Oregon | $36,721.00 |
| Oregon statute of limitations | 2 Years; Chapter 12 Section 12.110 |
| Oregon fault laws | Oregon is a “no-fault” state for PIP (Personal Injury Protection) insurance, but also operates under “at-fault” rules for determining who pays for property damage and additional personal injury costs. |
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 Rideshare Accident Loan in Oregon?
If you’re involved in a rideshare accident and going through a legal process, you might wonder if you’re eligible for a lawsuit loan. Let’s walk through the eligibility criteria for such loans.
Primarily, car accident lawsuit loans are tied to insurance policies. As rideshare accidents always involve a high insurance policy, they qualify for this financial aid. Thus, if you’re caught up in a rideshare accident claim, you’re likely eligible for a lawsuit loan.
However, two basic conditions need to be met:
- You must have an attorney handling your claim on a contingency basis.
- You must be at least 18 years old.
At LawsuitLoans.io, we fund claims arising from accidents involving any rideshare company or delivery service. This includes but is not limited to:
- Uber (Founded in 2009)
- Lyft (Founded in 2012)
- DoorDash (Founded in 2013)
- Postmates (Founded in 2011)
Don’t let legal delays hinder your fight for justice. With the right eligibility, a rideshare accident loan can provide you with the necessary financial support as you wait for your case to wrap up.
How Much Money Can I Get From my Rideshare Accident Pre-settlement Loan?
Lawsuit loans provided by LawsuitLoans.io commonly range from $500 to over $1,000,000. For cases that are still actively in progress, we are able to give an advance loan up to a maximum of 25% of your expected share of the settlement. For cases that have already settled, we can provide a pre-settlement loan equivalent to 50% of your expected share.
Let’s look at a specific example. Let’s say a plaintiff located in Oregon was involved in a rideshare accident wherein the estimated claim value is $500,000. As the case is not yet settled and will likely take more time, let’s break down how this might payout. Typically, medical providers are paid about one third of the total settlement sum, which is approximately $166,667. The attorney usually gets another third, leaving the plaintiff with the final third, around $170,000. Given these figures, LawsuitLoans.io can offer an advance of about 25% of the plaintiff’s share, equating to roughly $42,500.
Get Started
Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Oregon
We fund almost any type of roadway accident in Oregon. Here are a few examples:
- Bicycle Accident Loans: Funding for cases involving injuries sustained from bicycle accidents.
- Car Accident Loans: We sponsor cases that involve car accidents.
- Commercial Vehicle Accident Loans: If you’re involved in an accident with a commercial vehicle, we can help finance your legal case.
- Government Vehicle Accident Loans: We also fund cases involving collisions with government vehicles.
- Motorcycle Accident Loans: Get financial aid for your motorcycle accident lawsuit.
- Pedestrian Accident Loans: For those who have been struck as pedestrians, we have funds to support your claim.
- Rideshare Accident Loans: Had an accident while using a rideshare service? We can support your legal claim.
- Semi-Truck Accident Loans: Injured in a semi-truck accident? We provide funds for these types of lawsuits.
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 Oregon
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Oregon. Read more about the personal injury cases we fund in Oregon 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 Oregon here: