MANASQUAN, N.J., July 28, 2015 /PRNewswire/ -- Fair Rate Funding, a leader in the lawsuit funding industry, reports an increase in lawsuit funding applications in July. Despite news that the economy is strengthening, the pre-settlement funding firm has seen an increase in lawsuit funding applicants thus far this month. The industry leader reports that historical application increases normally occur near the end of August.
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Fair Rate Funding specializes in advancing cash now for plaintiffs who are involved in personal injury lawsuits. Sometimes referred to as settlement loans or lawsuit loans, settlement funding is NOT a loan transaction but a purchase of a portion of a future recovery. If the lawsuit is unsuccessful for any reason and no money is recovered, the lawsuit funding is not repaid.
The purpose of lawsuit funding is to help litigants pay expenses while they wait for a fair lawsuit settlement. Lawsuit funding alleviates financial stress so plaintiffs are not forced to accept "low ball" settlement offers.
"We are not entirely sure what is causing it," said Marjorie Ray, Head of Client Relations, "we normally see a rush in August when people need immediate cash for school tuition or summer vacations. This year, the increase has simply started early."
Fair Rate Funding specializes in large lawsuit funding amounts for serious personal injury cases. Automobile accident lawsuit funding, slip and fall lawsuits, medical and legal malpractice actions, are some of the types of cases that are increasing this month.
Fair Rate Funding also provides lawsuit cash advances for transvaginal mesh plaintiffs. TV mesh products, also known as pelvic mesh, are typically used to treat pelvic organ prolapse (POP) or stress urinary incontinence (SUI). Thousands of patients who were implanted with the product suffered complications such as bleeding, pain, inability to have sex, and infection among others. As a result of these complications, lawsuits have been filed against TV Mesh manufacturers and many have been successful in recovering damages.
For more information on how Fair Rate Funding helps victims of Transvaginal Mesh, visit http://www.fairratefunding.com/transvaginal-mesh-cases/sample-data-articles/transvaginal-mesh-cases.
For a list of all the types of lawsuits currently considered by Fair Rate Funding: http://www.fairratefunding.com/lawsuit-financing-types.html
By offering cash now to help pay for any type of expense such as car loans, rent and mortgage payments, utility payments, personal loans, and daily living expenses, Fair Rate Funding eases the stress associated. There are no restrictions on the use of the funds. For answers to frequently asked lawsuit funding questions, visit: http://professionalsettlementfunding.com/faq/
Fair Rate Funding specializes in advancing cash now for plaintiffs who are involved in personal injury lawsuits. Sometimes referred to as settlement loans or lawsuit loans, settlement funding is NOT a loan transaction but a purchase of a portion of a future recovery. If the lawsuit is unsuccessful for any reason and no money is recovered, the lawsuit funding is not repaid.
Fair Rate Funding works diligently to afford lawsuit funding to its applicants and has representatives standing by 24 hours a day, seven days a week to answer questions regarding the lawsuit funding process.
Fair Rate Funding's representatives are working around the clock to make sure each and every client gets the attention they need and to see them through to obtaining a cash advance. Fair Rate Funding is able to offer the lowest rates in the industry and makes the process as seamless as possible.
Fair Rate Funding lawsuit settlement funding programs are not a lawsuit loan or lawsuit loans although they are often referred to as such. A pre-settlement lawsuit cash advance is not a settlement loan or settlement loans because the advance is only repaid if the case is successful. Your attorney will repay your case funding or lawsuit advance ONLY if your case is won or settled.
Fair Rate Funding prides itself on providing the quickest approvals – as soon as 24 hours on most cases, the lowest monthly usage rates – as low as 2.5% per month, and the most attentive customer service in the lawsuit funding industry.
Fair Rate Funding also offers free case evaluations. If you are, at any time, not interested in pursuing lawsuit funding, there are no costs to you and absolutely no obligations.
For more information about lawsuit funding and other services from Fair Rate Funding, simply call a representatives at 888-964-2224 or visit us at http://professionalsettlementfunding.com.
SOURCE Fair Rate Funding
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http://professionalsettlementfunding.com
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