Have You Been in an Auto Accident?
If you have recently been in an auto accident, you might have
to wait for awhile for your insurance payment. Did your car
get totaled? Did you get injured? Do you need that
insurance money now?
Insurance companies have the right to wait up to 6 months
to pay you an insurance settlement. Right when you thought
you could pay off your mounting bills since you were not at
fault, you find out your insurance payment is dragging out.
What would you do? Perhaps you are unable to work, or you
get paid once monthly, and cannot wait until your next pay
check to pay the bills, or to go to the doctor.
If you are able to work, you could try a payday loan to front
you some cash to get by (only up to $500, but make sure you
fully understand the terms before you agree to this - it may
be a bad deal). You could approach family member for a loan -
but borrowing from family could strain relationships, especially
if the money isn't repaid as agreed. You could refinance your
home, but that might also take awhile, or be a problem if your
credit isn't good.
Another option you might not realize there is, is that you can
get an advance on your insurance payment. Your credit isn't
an issue (unless you are in bankruptcy), and you can get an
advance in as little as 24 hours. The red tape isn't nearly as
intensive as applying for a conventional bank loan, and the repayment is
secured only by the insurance settlement that is to be paid to
you. You have no risk - it's non-recourse funding, so if your
insurance doesn't pay, you don't have to pay anything back.
Real injuries (not soft-tissue) have the best chance of receiving
Now you see you have some options - don't get more
stressed out than the accident has already caused you to be.
See what option works out best for you and take care of
your financial issues.
About The Author:
P. Roe is a funding agent who
ethically helps people in need. Although concentrating on
advancing funds for insurance and lawsuit payments, she
does look at other funding options.
See more information at
For an advance on your insurance payment, fill out our
request form, or call us at 303-220-5679, or email.
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