Can You Get a Loan on a Car Accident Settlement?

Yes — auto accident cases are among the most commonly funded claim types. Non-recourse advances are available if you have retained an attorney, have a qualifying claim, and your case is in a covered state.

Auto accident cases — including those involving cars, trucks, motorcycles, rideshares, and pedestrian accidents — are the most commonly funded type of pre-settlement case. Liability is often clearly established through accident reports, photographs, witness statements, and traffic citations. Medical documentation of injury is typically well-organized through treatment records. These factors make auto accident cases faster to underwrite than more complex litigation types.

You can apply for a pre-settlement advance on your auto accident case if you have an attorney representing you on a contingency basis, your case is filed (or about to be filed) in a state where Criterica Capital operates, and the expected net settlement after attorney fees and medical liens is sufficient to support the advance amount you need.

The term "loan on a settlement" is technically a misnomer for non-recourse advances — the advance is not repaid if the case is lost. If your case ultimately fails (no liability finding, insurance coverage dispute that goes against you, case dismissed), you owe nothing. This is the core consumer protection that distinguishes pre-settlement funding from a traditional loan.

Application is straightforward: apply through Criterica Capital, provide your attorney's contact information and basic case information, and allow our underwriting team to work with your attorney to complete the case review. Most straightforward auto accident cases are approved and funded within 24 to 48 hours.

See Criterica Capital's Cases We Fund page for auto accident case eligibility details.

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