Borrow Loan and Repay

Your Question:
I am getting a settlement soon from a car wreck, can I borrow $ from you and pay it back when I get it? And pay payments till I get it?

Our Answer:

Sort of. In a presettlement, we give you money prior to your settlement, and we get paid when the case finally settles. You don’t need to make any payments. If the case has settled, and you are just waiting for the money… It shouldn’t take more than a month to get it, so it is generally your best interest (assuming your are not in dire financial straits) to wait it out.

If your case has settled, and you are waiting for the payments to come in from the insurance company, then that will need to be done via a court order. And like a pre-settlement, you don’t make any payments. You get money up front, and we get paid when the payment comes due.