What are the keys to getting lawsuit loans accepted? Assuming you've found a good broker who works with legitimate lenders, it is really relatively simple.
It is important to realize that in virtually all cases, the lender has no idea who the applicant is and must rely on the information provided. So, step into the lender's shoes for a moment. What do you look for in determining whether you are making a sound-investment by loaning money to an individual?
The application is obviously a critical component to obtaining your settlement funding! Many individuals submit partially-completed applications, and contact us to find out why they have not obtained the settlement loan requested. Frankly, if you're too lazy to even complete a one-page application, I don't think that loaning money to you would be high on my list of priorities!
It is essential that you grab the lender's attention with a strong case. Your chances of obtaining settlement funding are virtually zero if you fail to let the lender know what it is on which you base the claim for which a pre-settlement loan is requested.
The following are two cases for which individuals went to the trouble of completing and submitting applications, ostensibly to obtain a pre-settlement loan. To whom would you loan the funds?
Incident occurring in a Goodwill Store: I was at a Goodwill store, sorting through the clothes when a coat hanger jumped out and smacked me on the bridge of my nose.
Motorcycle Incident: Accident occurred in June of 2007. I was on a motorcycle. The car driver was traveling in the opposite direction and turned left in front of me. The car driver was cited for failure to yield.
Although the Goodwill Store incident is quite colorful, would it surprise you to learn that the applicant's request for funding was denied? Would it surprise you to learn that the Motorcycle incident did obtain settlement funding? It is unlikely that either outcome surprised you. - 30462
It is important to realize that in virtually all cases, the lender has no idea who the applicant is and must rely on the information provided. So, step into the lender's shoes for a moment. What do you look for in determining whether you are making a sound-investment by loaning money to an individual?
The application is obviously a critical component to obtaining your settlement funding! Many individuals submit partially-completed applications, and contact us to find out why they have not obtained the settlement loan requested. Frankly, if you're too lazy to even complete a one-page application, I don't think that loaning money to you would be high on my list of priorities!
It is essential that you grab the lender's attention with a strong case. Your chances of obtaining settlement funding are virtually zero if you fail to let the lender know what it is on which you base the claim for which a pre-settlement loan is requested.
The following are two cases for which individuals went to the trouble of completing and submitting applications, ostensibly to obtain a pre-settlement loan. To whom would you loan the funds?
Incident occurring in a Goodwill Store: I was at a Goodwill store, sorting through the clothes when a coat hanger jumped out and smacked me on the bridge of my nose.
Motorcycle Incident: Accident occurred in June of 2007. I was on a motorcycle. The car driver was traveling in the opposite direction and turned left in front of me. The car driver was cited for failure to yield.
Although the Goodwill Store incident is quite colorful, would it surprise you to learn that the applicant's request for funding was denied? Would it surprise you to learn that the Motorcycle incident did obtain settlement funding? It is unlikely that either outcome surprised you. - 30462
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Want to find out more about lawsuit loans, then visit Dr. Tom Rhudy's site on how to obtain pre-settlement loans today.
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