Lawsuit Loan News and Information
How is a pre-settlement advance paid back?
The advance is paid back when your case settles. You do not make monthly payments. Once your case is resolved, the advance is paid back directly from your settlement. Unlike a traditional loan, if you lose your case you owe us nothing. We are only repaid if you win or settle your case.
Does my credit score matter for a lawsuit loan?
No, your credit score does not matter when you apply for a lawsuit loan. We don't ask for it, never will. Only the facts of your case matter in our decision to advance funding.
How do I sign the contract and receive pre-settlement funding?
Once approved for a lawsuit loan, there are two ways to sign the contract and receive funding: We email you an Adobe E-signature contract you can open, click and sign online. Then we will either wire the funds to your specified bank account or overnight a check to your home address, or: We overnight the contract and check to your attorney's office where you can sign the contract and pick up a check. Once the contract is signed, we will notify your attorney of the advance and we wait for your settlement.
Do I need an attorney to get a lawsuit loan?
Yes, we can only provide settlement funding if you have an attorney. Your attorney has the information we need to evaluate your case for a lawsuit loan. If you don't have an attorney, contact us and we may be able to assist you in finding one.
What information do you need for a lawsuit loan application?
We will need your name, phone number and email address. Also, your attorney's contact information. We will contact your attorney and gather the minimum information necessary to evaluate your case for an advance.
How do I apply for a pre-settlement advance?
To begin the application process, please call (843) 342-6848 or email us at info@greatbaycapital.com. We have helped thousands of others obtain a lawsuit loan, we can help you too. Don't wait, apply now!
What is a pre-settlement advance?
Pre-settlement funding provides you with cash now while you wait for your settlement. You can use the funds for housing, medical bills, automobile expenses or any other bills. When your case settles the advance, sometimes called a lawsuit loan, is paid back directly from your settlement. Unlike a traditional loan, if you happen to lose your case, you don't have to repay the advance.