Are Legal Loans and Lawsuit Loans Different From Pre Settlement Funding?

Legal loans and lawsuit loans, despite a common misconception, are not the same as pre settlement funding.

Legal loans or lawsuit loans, or any reference to a loan in general, by definition would imply that you are personally guaranteeing repayment of a sum of money that is lent to you.

Woodbridge Pre Settlement Funding offers something much better to our customers than legal loans or lawsuit loans. What Woodbridge offers is a risk-free way to get money for your pending lawsuit with no guarantee of repayment unless your case settles. This is an ideal situation for a plaintiff that needs an advance against their lawsuit, as no repayment is required of the legal loans or lawsuit loans in the event their case does not settle.

Legal Loans and Lawsuit Loans Vs. Woodbridge Pre Settlement Funding

Although consumers commonly refer to the money they borrow for a pending lawsuit as legal loans and lawsuit loans, it actually falls under the umbrella of lawsuit cash advances and pre settlement funding.
One of the main reasons pre settlement funding is not legal loans or lawsuit loans is that if the accident victim does not receive a settlement, the advance does not have to be repaid.

Woodbridge Pre Settlement Funding offers fast lawsuit cash advances to personal injury victims who need financial help before their case settles., There is also no collateral required for pre settlement funding lawsuit cash advances, other than the eventual proceeds of the case.

There is no credit check, which helps people with little or no credit to qualify for lawsuit cash advances. It also allows individuals who are not citizens or green card holders to be eligible. Woodbridge Pre Settlement Funding assumes 100% of the risk and we make getting money for a pending lawsuit easy. Woodbridge only gets paid if your case settles.

Why Choose Legal Loans or Lawsuit Loans When You Can Get Pre Settlement Funding?

It would be irresponsible to take out legal loans or lawsuit loans when you have the option of taking out a risk-free lawsuit cash advance from Woodbridge Pre Settlement Funding.

For more information on how to apply for pre settlement funding by Woodbridge, visit our homepage or call
1-800-401-4026