Does a Better Economy Equal More Auto Accidents?

August 4, 2016, on Articles | Share

According to a study released by the National Safety Council (NSC), more drivers are hitting the road all throughout the country. An increased number of motorists on the road has also led to an increased number of automobile accidents, as well as deaths. But what has led to these increases? The NSC found that decreasing gas prices and an improved economy have played a huge role in the uptick.

More specifically, the report noted that the price of gas has decreased 30 percent since 2014, which has naturally led to more individuals choosing to travel by automobile for much longer trips. Additionally, an improved economy means there are likely more individuals on the road commuting to work after being unemployed for significant periods of time.

More Crashes Can Mean More Surgeries Too

Regardless of the reason for the increase in car crashes, the overall result of these collisions can mean that accident victims will face an increased chance of sustaining injuries that will require surgery. If you are in Florida or elsewhere in the country, Injury Funds Now (IFN) may be able to help you meet your financial obligations while you deal with your medical and legal needs. Lawsuit loans* from IFN have helped countless accident victims who have suffered surgically treated injuries for over a decade.  If you have considered other financial options, but have been turned down, IFN may be your answer.

The prospect of surgery after an accident can mean weeks or even months away from work -- which can mean a complete loss of household income if the injured individual was the sole breadwinner. Still, life must go on and your monthly bills must be paid.

Of course, an ideal situation would be that your creditors hear about your situation and simply hold off on billing you until you are able to either return to work or make other financial arrangements. However, many creditors are not will to adjust in such a manner and the stress of dealing with them could lead you to accept a settlement offer that is lower than what you deserve.

Funding From IFN Can Help

When you hear the word “loan,” you likely think of a traditional arrangement whereby you ask a bank for money and they give it to you based on your creditworthiness and any other criteria they may have. Once the bank issues the loan, you will be required to make payments over a certain period of time until it is repaid in full (plus interest).

However, a “loan” from IFN is anything but traditional. In fact, the funds provided are not “loans” at all. Once you apply for funds, we will review the information that you and your attorney provide. You do not have to be employed and no one will check your creditworthiness. The funds we advance are “non-recourse” funds, which means there is no risk to you. If you do not win your case, you will not be required to pay us anything, not even the amount we advanced to you.

If you are approved, we deliver the funds right away – upon completion of some minimal paperwork. This can be done in 24 hours or less. Obtaining funding from IFN will help take some of the pressure off while you recover from any surgery or surgeries you may have needed as a result of your injuries. Don’t feel forced to accept a settlement that is less than what you deserve. Apply today to see how IFN can be of service to you and your family.

*DISCLAIMER: The term "loan" or "loans," where used to describe lawsuit funding is not an accurate legal or financial definition of the transaction. IT IS NOT A LOAN. The transaction is a non-recourse purchase of a portion of the proceeds of a potential future case award or settlement. A loan is a transaction that always requires repayment. Our lawsuit funding only requires repayment if the plaintiff receives a favorable recovery. If the plaintiff loses their case, they do not repay anything.