Rhode Island 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 Rhode Island?
A pedestrian accident loan is a non-recourse cash advance provided to a plaintiff who has suffered injuries as a pedestrian due to a car accident. This type of funding falls under the category of pre-settlement funds offered by companies like LawsuitLoans.io.
Pre-settlement funding is designed to help the injured party meet their financial needs while they are waiting for their legal case to be resolved. Whether it’s for medical expenses, rent, or day-to-day living costs, this type of funding serves as a financial lifeline. What makes pedestrian accident loans very beneficial to plaintiffs is their non-recourse nature. This simply means that the loan is only repayable if the plaintiff wins their case or reaches an acceptable settlement. If the case does not succeed, the plaintiff owes absolutely nothing back.
So, if you’ve been injured as a pedestrian in a car accident and are involved in a legal claim or lawsuit, a pedestrian accident loan can be your safety net, helping keep you financially stable until your lawsuit concludes.
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 Rhode Island
If you’re involved in a car accident lawsuit in Rhode Island, you might be considering a litigation loan. This financial support, provided by LawsuitLoans.io while you wait for your case to resolve, can make a significant difference in your day-to-day life. Key figures and details specific to Rhode Island are provided in the table below:
| Average car accident loan amount by LawsuitLoans.io in Rhode Island | $2,645.00 |
| Largest car accident loan by LawsuitLoans.io in Rhode Island | $8,340.00 |
| Average interest rate in Rhode Island | 21.3% |
| Median personal injury verdict in Rhode Island | $20,906.00 |
| Rhode Island statute of limitations | 3 Years; Title 9 Ch. 1 Section 9-1-14 |
| Rhode Island fault laws | Rhode Island 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 Rhode Island?
If you’ve been injured in a pedestrian accident and have an ongoing lawsuit in Rhode Island, you may be asking, “Am I eligible for a lawsuit loan?” Lawsuit loans, or pre-settlement funding, provide financial assistance during the typically lengthy legal process.
The eligibility for such loans primarily hinges on three main criteria:
- You must have a valid legal claim against an insurance company or a self-insured company.
- You must have an attorney hired on a contingency basis. This means your attorney will only get paid if you win the case.
- You must be 18 years old or older.
These key criteria are used to evaluate the strength of your case and its likely outcome – both essential elements in determining your loan approval.
If you’re not sure if you meet these requirements, you can check with LawsuitLoans.io by calling their toll-free phone number, (800) 340-4973, or by filling out an application on their website.
Types of Pedestrian Accident Claims in Rhode Island
Pedestrian accidents are unfortunately quite common and can lead to serious harm or even fatal consequences. In Rhode Island, there are a number of pedestrian accidents that occur frequently which may form the basis for legal claims. We’ll discuss some common types in here.
Vehicle-related Accidents
These are accidents where a driver hits a pedestrian. The negligence can be due to many reasons such as distracted driving, speeding, failure to yield, and drunk driving among others.
Bicycle-related Accidents
In this case, a cyclist collides with a pedestrian. Common causes include failing to obey traffic laws, speeding or careless riding.
Unmaintained Sidewalks
Accidents can also happen due to poorly maintained sidewalks, obstructions or hazardous conditions which are the responsibility of the property owner or municipality.
Construction Accidents
Pedestrians can get hurt walking near or through construction sites if proper safety measures are not followed by the construction companies.
Rhode Island follows a “pure comparative negligence” rule. That means that even if you are found to be partly at fault for the accident, you can still recover damages. However, your recovery is reduced by your degree of fault. This can play a significant role in pedestrian accident claims, making it crucial to accurately establish fault.
If you are involved in any of these types of pedestrian accidents and are pursuing a legal claim, remember that the process can take time. In-between, if you need funds, you may consider applying for lawsuit funding from LawsuitLoans.io.
Get Started
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 typically range from $500 to over $1,000,000. If your case is still ongoing, we can advance you up to a maximum of 25% of the estimated settlement value that you are likely to receive. For cases that have already been settled, we can offer up to 50% of your remaining settlement after attorney’s fees and other expenses have been deducted.
Let’s look at an example. Suppose you are a plaintiff in Rhode Island involved in a pedestrian accident case. Your case has an estimated value of $300,000 but it will still take some time before it settles. Generally, medical providers get paid around 1/3 of the settlement and the attorney takes another 1/3 as their fee. This means you would likely stand to receive around $100,000 from the settlement. In such a scenario, we at LawsuitLoans.io could advance you approximately 25% of that amount, or $25,000,
Roadway Accident Cases we Fund in Rhode Island
At LawsuitLoans.io, we provide funding for almost any type of roadway accident case in Rhode Island. The following is a brief description of the types of cases we fund:
- Bicycle Accident Loans: We offer financial support to bicycle accident victims who are awaiting the resolution of their lawsuits.
- Car Accident Loans: Our pre-settlement loans can provide much-needed funds to plaintiffs following a car accident while they wait for their legal outcomes.
- Commercial Vehicle Accident Loans: Commercial vehicle accidents can lead to significant damages. We offer funding to assist with daily expenses during this challenging period.
- Government Vehicle Accident Loans: Encountering an accident involving government vehicles can complicate cases. Our loans can help you manage your resources until these unique cases are settled.
- Motorcycle Accident Loans: Serious injuries caused by motorcycle accidents can drain finances. Let our lawsuit loans ease your financial strain while your case is pending.
- Pedestrian Accident Loans: Accidents involving pedestrians can cause severe injuries. With our financial assistance, you can focus more on your recovery, less on your bills.
- Rideshare Accident Loans: Rideshare accidents can cause serious injuries and complicate liability claims. Our pre-settlement funding can help you navigate this challenging time.
- Semi-Truck Accident Loans: Being in a semi-truck accident can lead to dire consequences. Our loans can provide the financial buffer you need while your legal case is being 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 Rhode Island
LawsuitLoans.io provides funding throughout Rhode Island. See more about our funding in Rhode Island by visiting the city pages below:
Other Cases we Fund in Rhode Island
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Rhode Island. Read more about the personal injury cases we fund in Rhode Island 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 Rhode Island here: