Wednesday, March 4, 2009

Use a Pre-Settlement Loan to Purchase a New Vehicle

A lawsuit case can take a long while to reach a verdict, and then after any appeals receive any monetary award. Let's face it, during a lawsuit you just wish you could get access to your rightfully due money before the case settles. Maybe you want to buy a vehicle and need a down payment or want to buy it out right. There is a solution for you, and it can happen while you're in the middle of your pending lawsuit; it's called a pre settlement loan. A pre settlement loan is an excellent choice if you need access to cash and your lawsuit is still pending or in the process of fighting. One of the best benefits of it is that if you lose your pending lawsuit you don't have to pay it back! This is because a pre settlement loan is a non-resource debt, it's only paid back if certain specifications are met; which is that you win your lawsuit. In lieu of your pre settlement loan you would be required to pay back the loaned amount, a nominal fee and interests; again only if your case reaches a guilty verdict and monetary funds are awarded. So, if you're interested in purchasing a new vehicle with funds that could be awarded in your pending lawsuit a pre settlement loan is the best option. Let's say you decided to get a normal auto loan you'll then be responsible for your monthly payments even if you lose your case. However, if you pay with your pre settlement loan you'll not be in danger of being not able to afford your payments; assuming you pay the vehicle price in full. Let a pre settlement loan help you get your new vehicle today, it's easy to apply for and costs nothing for the application process with respectable settlement loan providers. You can also use your money for whatever else you'd like, your not stuck with just a vehicle purchase. Legal Settlement Loans is the number one source for settlement loan information. We provide the most up to date information regarding settlement loans, educate yourself properly before getting a settlement loan at LegalSettlementLoans.com! Article Source: http://EzineArticles.com/?expert=Stephen_Sandecki

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