When faced with financial pressure after an accident, many victims look for ways to cover medical bills, lost wages, and daily expenses while waiting for compensation. Two common options are personal injury lawsuit loans (also called pre-settlement funding) and traditional bank or personal loans.
Lawsuit Loan
How to Qualify for a Personal Injury Lawsuit Loan (Step-by-Step Guide)
When you’re injured in an accident and file a lawsuit, waiting for a settlement can feel overwhelming. Medical bills, lost income, and daily expenses often pile up long before compensation arrives. To ease this burden, many plaintiffs turn to personal injury lawsuit loans, also called pre-settlement funding.
Best Personal Injury Settlement Loan Companies in 2025
Personal injury cases often stretch over a long period of time—sometimes many months or even years. Meanwhile, claimants frequently deal with medical bills, lost wages, and daily living expenses. In such situations, settlement loan companies (also called pre-settlement or lawsuit funding companies) can offer financial relief by advancing cash against the future settlement.
Personal Injury Lawsuit Loans – How Pre-Settlement Funding Works
A personal injury lawsuit can take months or even years to resolve. During this time, accident victims often face mounting medical bills, lost income, and daily expenses while waiting for their settlement. This financial pressure has given rise to personal injury lawsuit loans, also known as pre-settlement funding.