Refinancing Lawsuit Loans | Refinance Settlement Loans
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Smart Legal Funding will work with you, whether you are new or former clients of ours. We will help you get approved for Refinancing Lawsuit Loans and Settlement Loans. We can help place additional money on your case
Smart Legal Funding makes it easy for you to refinance your lawsuit loans. Just call us or apply with us via our on-line application form. Make sure you have your prior loan information, including the name of the loan company and supporting documents that provide information on why you need additional funding. It is always helpful to have information on your insurance policy carrier name and policy limits.
If your lawsuit loan rates happen to be lower than when they were when it was originally financed, monthly payment will decrease. When you refinance your lawsuit loans, that means that monthly payments will be lowered and there will be extra money for those desired extras such as dinners, new clothes, or investing into a retirement or education fund. However, that is not the only reason to refinance, but it is possible for you to not have the funds to bring to the closing table at the end of the initial lawsuit loan. Most of the time, all of the closing costs of the initial loan can be placed into a new loan, which means less money will come out of your pocket. Even an interest rate reduction of one-half of a percent can make a difference in the payments that is quite noticeable.
There is a general rule in the industry that states that if the present interest rate is lower than the initial rate by two percentage points, refinancing is something to consider. Refinancing in order to achieve lower interest may make sense.
For more information on all type of refinancing please visit Refinance.