- March 18, 2020
- Jeffrey A. Rubin
NO FEES. NO COMPOUND INTEREST. JUST 15% of the PRINCIPAL EVERY SIX MONTHS.
Why a Redwood Funding Legal Loan or Legal Finance?
Where in the country are you going to get a better legal finance deal then a no fee, no compound interest, fixed rate of 15% every six months? At Redwood Funding Group that’s where.
Redwood Funding Group is a premium legal finance company with law firm & client associations throughout the entire United States. Redwood Funding Group was founded on the principal of helping the victims of accidentsÂ with a unique and singular cash advance plan. Believe it or not, our goal is not to make the most money from you. In other words, we offer the no fee, no compound, fixed rate plan because we want to continue helping you and other victims for many years to come. Above, Redwood Funding Group broke the mold of the old fashioned compound interest, fee laden model.
America’s #1 Legal Finance Co. is Here to Help:
Redwood Funding Group has been seen in Yahoo, on You Tube, on Facebook, on Yelp and in so many places in America. We offer Legal Finance to accident victims at exceptionally low prices that the legal loan industry has yet to beat.
Do I Qualify for a Legal Loan?
If you are the victim of an accident and you have a lawyer then you probably can qualify for a cash advance. At Redwood Funding Group we don’t care about your credit score. Furthermore, we don’t even care if you have a job. There are no fees to apply and no fees if we fund you. Finally, if you lose your lawsuit then you owe Redwood Funding Group nothing. So what’s to lose?Â Apply now and see how much of a legal loan we can offer you.
What is a Legal Finance or Lawsuit Loan?
Lawsuit loans are also called presettlement funding, , legal funding or a lawsuit cash advance. They all mean the same thing. It is where a legal financing companyÂ will give an accident victim cash upfront against the success of your litigation. If you win or settle your case you pay the company back. However, if you lose your lawsuit you owe the legal finance company nothing.
This kind of financing is very popular with personal injury victims who are having trouble paying their bills. As we said before lawsuit cash advances are not loans. It is a risk free advance against the success of your lawsuit. By now risk we mean you only pay back your lawsuit loans plus interest if you win or settle. However, if you lose your lawsuit you don’t pay back not even one penny.
A pre settlement cash advance is an investment by the funding company in your case. A cash advance means they have confidence that your lawsuit will be successful.
How can a Legal Loan Help Me?
Easy. The person or company that you are suing as a result of your accident probably has insurance. Most insurance companies are multi billionÂ dollar dollar corporations who pay their lawyers to drag out your case. Why? because they know that the longer the case drags on the more likely you will settle or walk away. You don’t have that luxury. You have bills to pay, mouths to feed and maybe a mortgage and credit card bills. How are you going to fight these insurance giants?Â With a pre settlement loan from Redwood Funding Group.
Finally, the cash advance we give you provides a cushion to “buy you time” to fight for your every deserving dollar. No longer are you a victim twice over. Once to the car or person who injured you and then to the insurance company that drags out your case. Redwood Funding Group is in the foxhole with you. Our money wants and bets you to win.
How Long Does it Take to Get Approved?
Approval is instantaneous once we get the few documents requested from your lawyer.
Can I get a Lawsuit Loan if I already had One Before?
Not from Redwood Funding group except in very special cases. This is one of the ways we can keep our rate super cheap.
How Do I Qualify for a Pre Settlement Funding?
You must have a lawyer and you must have an injury from an accident. If you have a good enough case we will probably give you a pre settlement loan. If your case is settled we will almost definitely give you a legal loan.
What Are The Rates?
This is probably the most important reason to use Redwood Funding Group for your legal finance. Almost all legal loan companies compound their interest rate. This means the interest grows based upon the previous term. That term, for most companies is monthly. If you don’t know what that means here is an example: If the interest rate is 3%Â monthly compounded you end up paying about 70% a year. In other words, after about 18 months you are paying back double the amount that you borrowed. Not at Redwood Funding Group. No compounding, ever.
Most legal finance companies charge interest. Not Redwood Funding group. The interest rate is based upon the amount borrowed. The killer is that the presettlement loan company adds the fee to your principal and bases the interest on both! For example, if the fee is $200 and you borrow $1,000 the interest will be based upon $1,200. Not at Redwood Funding Group. No fees, ever.
Finally, these other lawsuit loan companies will overcharge you to send you your money. Ask them how much it will cost you for them to send you money by bank wire or Federal Express. Most of them will say around $100. Since when does a bank wire or Fed ExÂ cost $100? Never. Redwood Funding Group only charges what the cost is to us.
The Cheapest Lawsuit Funding Company is? Redwood Funding Group:
Redwood Funding Group is the cheapest Pre-Settlement Funding Company in the country. As noted up above, we charge no fees and never compound the rate of interest. We charge one fixed rate of 15% of your principal for each six months that you have the money. For example, if you borrow $1,000, you will owe $150 for every six months that you have the money. That’s all. Furthermore, if you take the money by wire or Fed Ex, we deduct what the bank or Federal Express charges us, around$30.