How to Compare Lawsuit Loan Companies

Compare Lawsuit Loans
2 min readJan 18, 2021


Compare Lawsuit Loans Logo helps personal injury plaintiffs navigate the under-regulated industry of lawsuit loans. To learn more visit our full guide “How to compare lawsuit loans”.

What is a lawsuit loan?

A lawsuit loan is actually not much of a loan at all, it is a non-recourse purchase of an equitable lien in a legal claim. That means that in many states lawsuit loans are not regulated as actual loans. Plaintiffs are therefore not afforded the protections of typical lending laws.

Lawsuit loans can be useful, however. They help plaintiffs cover living expenses while they wait for their case to settle.

Lawsuit loan alternatives

Because of their cost, lawsuit loans typically should be regarded as a last resort funding option. A few good options to consider instead of pre-settlement lawsuit funding follow:

  • Create a leaner budget
  • As friends and family to help you get by
  • Look into government assistance programs
  • Tap your home equity by refinancing your home
  • Look into personal loans from banks or credit unions
  • See if there are any local non-profits that can help
  • Use a crowdfunding site like GoFundMe

How to shop for a lawsuit loan

It can be tough to understand the actual cost of lawsuit loans from any individual company upfront. Most do not publish this type of information.

The best way to shop for lawsuit loans is to get formal quotes from many companies and then encourage them to compete for your business.

To get started, you can use our list of reputable lawsuit loan companies. We created profiles for each company with an overview of the services they provide and reviews from around the web.

How to compare lawsuit loan offers

We counsel plaintiffs to focus on the total payback figures. The most important part is to get quotes for the same amount of funding in your pocket from each company. Many companies charge several fees in addition to interest over time.

Make sure you are getting quotes on the same amount of cash in your pocket after all fees are considered.

Make sure you get payoff tables that show the total amount due at various increments of time from 6 months until 3 years.

Once you have this information, you can compare the companies’ offers side-by-side and choose the best one for you. helps injured plaintiffs get the best deal possible on pre-settlement lawsuit loans. We believe that plaintiffs are routinely overcharged. You are your best advocate when it comes to choosing a lawsuit cash advance company.

Remember that getting a lawsuit loan is a major financial decision. With 30 minutes, you can save thousands of dollars — all you have to do is compare.



Compare Lawsuit Loans gives personal injury plaintiffs the tools and information they need to make informed decisions about lawsuit loans.