Yes, you can still qualify for pre-settlement lawsuit funding even if you have bad credit. Pre-settlement funding is not based on your credit history or credit score. Instead, approval is primarily based on the strength and potential value of your legal claim. Funding companies focus on the facts of your case rather than your financial background. This makes legal funding an accessible option for plaintiffs struggling financially due to injury-related expenses and lost wages.
Mustang Litigation Funding offers ethical institutional litigation funding to support justice. We are here to answer your questions so you can make the best possible decisions regarding your financial future. With over $170 million funded, 10,000+ checks issued, and more than 3,000 cases financed, we provide best-in-class capital solutions for law firms, plaintiffs, litigation vendors, and other legal assets. Contact us today to learn more.
Why Legal Funding is an Accessible Option for Plaintiffs
Lenders conduct credit checks to ensure the borrower will likely repay the loan. A low credit score may indicate a history of missed payments, high debt levels, or financial instability, all of which increase the risk of default. With pre-settlement funding, approval is based on the strength of your legal claim, such as a personal injury lawsuit, rather than your credit history or financial background.
Pre-settlement funding is also non-recourse. That means if your case doesn’t end favorably and you do not receive a settlement or jury award, you are not obligated to repay it. If you recover compensation, the funding company will be repaid directly from the settlement or judgment.
Plaintiffs also benefit from:
- No monthly payments: Unlike a traditional loan, you won’t have to worry about making monthly payments.
- Flexibility: Certain types of loans may require you to use the money for a specific purpose, but you can typically use your pre-settlement funding for anything you need, such as mortgage payments, rent, utility bills, and even Christmas presents.
- A fast application and approval process: You can apply online. We consult your attorney and review your application. If approved, we send you funds via wire transfer in as little as 24 hours.
Our team members are happy to help you further understand how pre-settlement funding works so you can decide if this is the right option for you.
Check out our Ultimate Guide to Pre-Settlement Funding for information on the types of lawsuits that qualify for legal funding, its availability in your state, and why it is a safe option for plaintiffs.
Contact Mustang Funding Today
Don’t let concerns about bad credit prevent you from pursuing financial stability through pre-settlement funding. Our mission is to empower the pursuit of justice for individuals and law firms nationwide. Our innovative and flexible litigation funding solutions ensure that no one is denied their right to a fair legal battle due to financial constraints. Contact us today to learn more—we’d love to hear from you.
About Mustang Funding
Mustang Funding, founded in 2018 and based in Wayzata, MN, is a litigation finance company dedicated to empowering individuals and law firms nationwide with transparent and innovative financial solutions. With over $170 million funded, 10,000+ checks issued, and more than 3,000 cases financed, Mustang provides plaintiff pre-settlement funding, law firm financing, and commercial funding to meet diverse client needs. Their commitment to transparency, integrity, and expertise sets them apart, offering tailored financial support to plaintiffs, businesses, and legal professionals. By bridging capital gaps and fostering access to justice, Mustang Funding continues to lead the legal asset investment industry with a strategic, inclusive, and forward-thinking approach.
