Car Accident Advance Loans

Being injured in a car accident can turn your world upside down in a matter of minutes, causing physical and emotional trauma that you never saw coming. An car accident can also dramatically impact your finances. Time lost from work, damage to your vehicle, medical expenses, legal fees and more can quickly drain your bank account and plunge you into debt. 

An car accident settlement advance from Cronus Capital Group can be a game-changer, relieving your financial stress so you can focus on recovering and getting your life back on track. Loans for car accidents help injured victims and their families get through the tough times brought on by a negligent driver.
How can I get money for a car accident without a lawyer?
Most people do not have a lawyer on speed dial, and even if you do, their time does not come cheap. You can negotiate directly with the negligent party’s insurance company, and they hope you do! Their lawyers will make sure you get the smallest settlement possible for your case. 


You may think you can’t afford a lawyer, but many personal injury lawyers work on a contingency basis, agreeing to represent you in exchange for a percentage of your settlement. That gives them incentive to get you the biggest settlement possible, but it takes time.


In exchange, you get a legal expert who knows how to negotiate with insurance lawyers and navigate the court system. You are almost certain to get a much larger settlement when you have an experienced lawyer to represent you. If you need cash while you wait, Cronus can help with a loan against your settlement. If you lose your case, you pay us nothing.
What is an Car Accident Settlement Advance?
Even though they are called accident loans, an car accident settlement loan is nothing like a typical bank loan. It is a no-risk cash advance that is repaid from your settlement award, once your lawsuit is settled. 

Your total available cash advance is determined by a number of factors:

  • The extent of your injuries and other damages
  • The entity being sued (insurance company, commercial enterprise, etc.)
  • The anticipated amount of your settlement award
  • The likelihood of your lawyer winning the case

In the majority of cases, the defendant’s insurance company is involved in the lawsuit, and loans are based on insurance settlements Most reputable companies encourage you to take the absolute lowest cash advance you need to make ends meet while you wait for your case to settle.


How much will I get for pain and suffering from a car accident?


When you are injured in an car accident, many factors are taken into account. In addition to damage to your vehicle, medical bills and other expenses, you may be awarded money for “pain and suffering.” There are two subcategories of pain and suffering, and neither is easy to quantify. 


Physical pain and suffering naturally come with any injury, and can range from moderate to severe. Your degree and type of injury, and your subjective report of pain and suffering will be taken into consideration. 


Even more difficult to calculate is mental and emotional pain and suffering, since it is entirely subjective. You may have no physical injuries, but the mental trauma of being in an accident can make you afraid to drive to work or use the Interstate. 


In both cases, the amount you receive often correlates with the severity of the accident and subsequent injuries. If extra expenses are adding to your pain and suffering, a cash advance from Cronus can help.

All the truth about the pros and cons of car accident loans in Cronus Capital Group
Comparing pros vs cons of car accident loans - Cronus Legal Funding


What happens if you lose your car accident lawsuit?


Most auto accident lawsuits are settled without going to court. If your attorney is unable to settle with the defendant’s insurance company and your case goes to court, you stand a good chance of losing. Many lawyers work on a contingency basis, meaning they agree to have their fees deducted from the settlement. If you lose your case, you will not have to pay any legal fees,  but you will still be responsible for any medical and/or car repair bills. 


Getting the settlement you deserve takes time. An auto accident cash advance from Cronus can help tide you over while you wait for your case to settle. If you lose your case, you do not have to repay the loan. 

How can I maximize my car accident settlement?
If your car accident has left you physically and emotionally injured, you naturally want to get the largest settlement possible. The final settlement amount you receive will depend on multiple factors: 


  • The extent and severity of your injuries
  • The amount of damage to your vehicle
  • Your share of negligence in the accident, if any
  • Amount of documentation and evidence
  • The condition of the other driver when the accident occurred — were they distracted, drunk, on their phone, texting?
  • Your condition when the accident occurred
  • Your willingness to hold out for a large settlement


In many cases, the single most important factor that determines your total settlement amount is your attorney. A skilled and experienced personal injury lawyer knows how to navigate the legal system and negotiate with insurance lawyers. 


But negotiations take time. Meanwhile, you have bills to pay. Cronus can help you hold out for a large settlement with a legal cash advance, so your lawyer has time to fight for the largest settlement possible.


How do car accident settlements work?


A car accident can turn your life upside down, leaving you with massive car repairs and medical bills. You may have to take time off from work, or even be too disabled to return to your job, meaning lost wages or loss of livelihood. That’s why we all carry car insurance. 


When you are injured by a negligent driver, their insurance company will pay for your expenses. But it’s not that simple. Insurance companies are beholden to their shareholders, and they have their own in-house lawyers whose job it is to keep costs to a minimum. Without a lawyer to intervene on your behalf, you can expect to get the lowest settlement possible. 


A personal injury lawyer will fight to get you the settlement you deserve, often without going to court. Meanwhile, you need to pay your bills. Let Cronus help with a cash advance loan against your settlement, so your lawyer has time to negotiate a large settlement for your case.


How much does insurance pay for a car accident?


The short answer to that question is, “As little as possible.” Auto insurance is a multi-billion dollar industry that we all pay into every month. Most insurance companies have to answer to shareholders, so they strive to keep their profit margins high. They have their own in-house legal experts who play hardball with claimants, paying out as little as they can get away with. 


Personal injury attorneys know how to deal with insurance company lawyers. They fight for their clients to negotiate the largest settlement possible, going to court if necessary to hold the insurance companies accountable. But that takes time, and you need money now. A cash advance from Cronus can tide you over while you wait. 


Most auto accidents settle out of court through negotiations with your lawyer. Many personal injury lawyers do not charge upfront fees, taking their payment as a percentage of your final settlement award. To get the largest settlement possible, hire an experienced auto injury lawyer.


What can I expect physically after a car accident?


Auto accident injuries range from mild to severe, and how your body reacts varies from one person to the next. Because your central nervous system has its own protective mechanisms to suppress pain and protect injured structures, you may not feel pain until a few days after an accident. A serious injury can mask pain and injury in other areas of your body that can be initially overlooked.


It is important to seek medical treatment as soon as possible after an accident. Be sure to collect documentation, including medical reports, imaging, emergency transport, and bills. If you experience pain after a few days, go back to your doctor and tell them that you think it’s from your accident. 


Being injured and out of work can cause bills to pile up. Take the stress off so you can heal with a car accident cash advance from Cronus. We get repaid from your settlement, so if you lose your case, you owe us nothing!


What is a fair settlement for a car accident?


“Fair” is a relative term, and it depends on who defines it. For an accident victim, a fair settlement may cover damages to your vehicle, medical expenses, lost wages or income, ongoing medical care, loss of livelihood if you can no longer work, money for disability needs, and more. 


From the perspective of an insurance company, “fair” may be based on data from past similar accidents, and also on what they think they can reasonably afford to pay without cutting too deeply into their bottom line. Needless to say, your definition of “fair” and that of the insurance company are often at odds. 


To get a fair settlement, hire an experienced personal injury lawyer to handle your case. They know how to negotiate with insurance lawyers and navigate the legal system, to get you the highest, fairest settlement possible. If you need money while you wait, apply for a cash advance from Cronus to tide you over while your case settles. 


What is the average settlement for a car accident with whiplash?


Your head is like a bowling ball, supported by the muscles and ligaments of your neck. When you stop suddenly or have a collision, your head whips back and forth with considerable force, straining the structures that hold it in place, and potentially damaging your spine and nerves. 


Whiplash can range from mild to severe, depending on multiple factors:


  • Velocity of your vehicle and the other vehicle at the time of impact
  • Type of impact (rear-end, head-on, T-bone, angle)
  • Your health and physical fitness at the time of the accident
  • Position of your head, neck and shoulders at the time of impact
  • Whether you were wearing a seatbelt
  • Whether the headrest of your car seat was properly positioned


The severity of your injuries will play a huge role in determining your settlement. Figuring it out can take time. If you need money now to pay your bills, Cronus can give you a cash advance against your settlement so you can focus on healing.


Slip and Fall
Work injury