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Georgia Car Accident Loans?

Can I get a Car Accident Loan in Ga?

By Redwood Funding GroupPublished 3 years ago 4 min read
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Georgia Car Accident Loans with No Fees & No Compound Interest, Ever. Just 15% Fixed For Every Six Months That You Have the Money. Unbeatable! See our Table & Compare.

Georgia Car Accident Loans

Are you from Georgia? Have you been in a car accident? Do you have outstanding bills to pay? Then you may need a Georgia Car Accident Loan or lawsuit loan from Redwood Funding. Why Redwood Funding? Because you won't find a cheaper car accident loan company in the great U.S. of A. Georgia is Redwood Funding' s favorite place to advance people money for a car accident loan.

Why take a lawsuit loan?

A lawsuit can take 3, 4 or 5 years to settle. Moreover, some lawyers wait 2 or 3 years to even bring a lawsuit. That means you can be waiting 7 years before you see a penny out of you car accident. Who is going to pay the bills? If you can't work who is going to pay the mortgage? That is where Redwood Funding Group steps in to help. We give you money today so you make more money out of your lawsuit tomorrow.

What is a "lawsuit loan"?

A lawsuit loan from Redwood Funding is not really a loan at all.  it is technically called a non-recourse loan. When you take out a loan you owe the money back no matter what. With Redwood Funding you only pay us back if you win or settle your case. If you lose, we lose and you don't have to pay us back. There are no credit checks. There are no wads of paperwork to fill out.  You only fill out a one page Application and you are good to go. The better your case is, the more money we will advance you. Simple as that. Then you can relax and fight your lawsuit to the max!

Whether you are from Athens or Atlanta, Sandy Springs or Savannah, Macon or Millidge, we can help you with your Georgia car accident loan..

The Cost of a Personal Injury Loan:

The items to consider when we say cost are interest, fees and surcharges.

Interest:

Many Florida Lawsuit Finance companies will advertise that they have 3% interest. We think that is a great interest rate if that is all it is. However, what you must look into is how that 3% is charged. If the interest is 3% annually that's a great rate of interest. However, if the interest is 3% monthly compounded then we gotta start raising the red flags. Consequently, 3% monthly compounded interest is about 70% a year. That's because compounded interest grows based upon the previous periods principal and interest. If you do this on a loan for 12 months you are going to have 70% interest, not 3% like you thought. Therefore, the first question to ask is: Do you compound your interest monthly?

Fees:

When you go into a store and ask 'how much is that pack of gum'? the storekeeper will respond '.75 cents, please'. He won't say the pack is .75 cents but the processing fee for the gum is another .25 cents. That's nuts. However, when you take out a Florida Lawsuit Finance loan from most of these companies they are going to charge a fee.

The fee might be called an application fee, a processing fee, an underwriting fee. In other words, not only are they going to charge you monthly compound interest for your loan but these personal injury loan companies are going to stick you with a fee to boot.

Moreover, they are going to add the fee, say $250, to the amount you are borrowing and make you pay interest on both the principal and fee. So that $1,000 loan just became a $1,250 loan but you are only going to see $1,000 in your pocket. They just made $250 on you and you haven't even gotten your money.

Surcharges:

If you ask to have your money wired from one of these companies how much are they going to charge you for it? Moreover, what if you don't have a bank account and you want your money by Federal Express. What's that going to cost?

A lot.

In our experience a bank wire costs about $30 to do. Furthermore, an over night envelope from Federal Express also costs about $30. Ask most of these Florida Lawsuit Finance companies what they charge for these services and we bet the answer is either 1) between $50 and $150, or 2) it depends upon how much you are borrowing. Why should it depend on how much you are borrowing? the check doesn't weigh more if the check is $500 or $5,000!

Lastly, these personal injury loan companies will deduct the surcharge on the mailing or wire from your check. So if your loan was for $1,000 you will receive a check from Federal Express for $900. Remember that you are responsible for $1,250 on day one due to the fees. That is just unbelievable.

What is the process to apply?

All you need to do is fill out an Application on our website.  Once done, we contact your lawyer for some documents about your case. We make an instant decision to fund you and we send you a contract. Once you send the contract back we wire or Federal Express you the money. In most cases, Redwood Funding Group will get you money within 24 hours from when you apply. It's that easy!

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About the Creator

Redwood Funding Group

Accident Victim? Need Cash Fast? Turn to Redwood Funding Group. No fees or compound interest, ever! 15% fixed each six months. No Legal Funding or Law Loans company beats that rate guaranteed. Apply online or call (201) 357 4124.

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