Vulnerable Clients

Apply with Pegasus Legal Funding now! We do not charge any upfront fees or would ever take advantage of vulnerable clients and their situations. A big myth about lawsuit funding companies is that the companies exist in order to exploit vulnerable plaintiffs. There are rumors that all lawsuit funding companies require upfront payments as well as immediate monthly fees. Further, some people believe that every lawsuit funding company only charges high interest rates in order to get everything they can from defenseless plaintiffs. However, these rumors are not true.
Pegasus Legal Funding was created to help vulnerable plaintiffs, not exploit them. Pegasus Legal Funding understands that financial need often allows deep-pocket defendants to bully vulnerable plaintiffs into accepting a low settlement. Pegasus Legal Funding provides personal injury victims with the financial resources to fight back against intimidating defendants.

Further, Pegasus Legal Funding does not require any upfront fees or any immediate monthly payments. There are no payments required until after the plaintiff receives her settlement. If the plaintiff does not receive a settlement, the plaintiff gets to keep the cash advance and does not owe Pegasus Legal Funding anything. Although interest rates for lawsuit funding companies are higher than most banks and other traditional lenders, the rates are not higher in order to take advantage of the plaintiffs. Instead, the rates are higher because lawsuit funding companies are taking such a substantial risk by giving non-recourse cash advances because they may not ever be paid back. Thus, in order to provide support to as many plaintiffs as possible, the interest rates have to make up for the losses that sometimes occur when a plaintiff is not able to get a settlement.

Pegasus Legal Funding was created to support vulnerable clients and takes that job very seriously.
.:About the author:.

James Sheridan is the Contracts Manager at Pegaus Legal Funding LLC and is responsible for the final stage of the funding approval process. James focus and priority is delivering to PLF’s clients the funds they need as quickly as possible


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