Should I get an Advance on my Personal Injury Case?

A common question your Las Vegas Personal Injury Lawyer gets asked is: Should I get an advance on my Personal Injury case? It can be very enticing to get money up front and many lawyers in Las Vegas promise a check very quickly. But, you have to ask, what price are you actually paying for a small check up front? A lot!

In your Las Vegas Injury Lawyer's experience, most cash advances are in the $500 to $3,000 range. Most funding companies charge a 4% interest rate. 4% sounds really low doesn't it? But, what they don't tell you is that, that 4% is added monthly, not yearly. That means, if you get a $3,000 cash advance, you will probably pay the cash advance company $10,000 or more when your case is over!

In cases where your Personal Injury Lawyer in Las Vegas has been able to convince clients that a cash advance is not the way they want to go, they are very thankful at the end of their case, since they have more money left over for them! When some of your Personal Injury Lawyer's clients do get cash advances, they are disappointed at the end of their case, because most of their money ends of going to the cash advance company and not them!

The lesson, do not get a cash advance! If you are having financial difficulties, temporarily moving in with family or friends is a good idea! Next time, we will discuss the process of getting your car fixed and getting a rental car after a car accident.

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