About Oasis Legal Funding
Oasis Legal Funding, at OasisLegal.com, provides legal funding for people fighting personal injury lawsuits who need immediate financial assistance, but are still negotiating the terms of their settlement.
Oasis Legal Funding provides funding to personal injury Plaintiffs who often incur difficult financial situations due to their circumstances. These people will often settle for less than what they could receive just to alleviate their immediate monetary problems.
If Oasis Legal Funding can provide a loan to cover financial issues in the short term, it gives the attorney the necessary time to get a better and often higher settlement for the Plaintiff. The attorney, the Plaintiff, and Oasis Legal Funding all benefit from this arrangement.
When your settlement is complete, Oasis Legal Funding will be paid directly from the settlement by your attorney, the same day on which you will receive your settlement funds. If you do not win your settlement, then Oasis Legal Funding is not repaid, and you do not legally owe them for the funds they provided to you.
Because Oasis Legal Funding does not get paid if you lose your settlement, their prices for providing this funding are expensive. They do not advertise their pricing scale in order to stay competitive, but they will discuss pricing with you over the phone.
To apply for legal funding, simply fill out the application provided at OasisLegal.com. The application is free to submit, and bad credit or other financial difficulties will not preclude you from receiving your loan.
On average, it takes about two days for you to receive your legal funding, though frequently customers have received their funds within 24 hours, and there have been instances where the funds have been approved and distributed within hours.
All prices and fees are final; Oasis Legal Funding assures that there will be no hidden fees or future charges for the services once they're rendered.
8 ‘Oasis Legal Funding’ Reviews
Compare and Do your Homework
I've done some research here and found that whatever company that you use (and I have heard of Oasis, Redwood Funding, Peachtree, etc) you need to ask them what you will owe after 6 months, after one or two years. You need to know if fees are charged or if they compound the interest. then you can compare and save
I Also Found Redwood Funding Cheaper
I also found Redwood Funding Group to be much cheaper than every other funding company I have come across. They have one fixed rate for whatever you borrow and there are no fees.
I used them, and I can say RIP-OFF without blinking an eye..... Sure they were more than willing to loan me the funds I needed, the loan was $18,000... the contract said a 2 year pay-off was $26,000. which I understand they need funding to keep going. What they didn't tell me was if I didn't pay the loan at an $1100 monthly pay back rate in the 2 year period which is now getting ready to be paid there are hidden fees at 3% here and 3% there and other crap..... they proceed to tell me it is also accruing $18 a day as long as it isn't paid. but in reality I am being charged $36 per day since the loan has been taken out which comes to the amount of $44,000 so if anyone can make it without having to use this company please do!!
Redwood Funding Group Beats Oasis
People looking for pre settlement funding ought to consider Redwood Funding Group. They never compound their interest and they never charge fees. Also, their rate is a fixed 15% every six months. They have an easy online application.; You should try it, I did.
Be Very Careful when borrowing $$$
I borrowed $1200. I read my contract and I saw that the longer my case didn't settle the more $$$ I would owe. I questioned that with my paralegal and was told not to worry about that. That would not and does not apply to me. That was in March of 2008 and was told that my case was going to settle by May or June of that year. Well my case didn't settle till 2 yrs later (with no reason as to why it was taking so long). In the beginning I was told by my paralegal that slip and fall cases do not get dragged out for years such as serious accident cases. I had finished my therapy. Well as I said I borrowed $1200 and in the end I payed over $10,000 in interest. I also found out that my paralegal knew the owner very well. Possibly dating. I also heard about another situation such as mine from the same loaning company. So please be careful. I suggest that you make sure of your situation. They make it sound so easy but in the long run......its highway robbery!!!
I had a great experience with Oasis
I do not have any complaints regarding Oasis. I filled out the application on Sunday evening and promptly late Monday morning, I received a call from an Oasis representative with an approval. They did all the legwork and contacted my attorney. After approval, I was sent paperwork. I signed the paperwork, and sent it back. My attorney also faxed over signed documents. On Monday evening my funds were sent via Western Union. I had the option of overnight, Western Union, or my bank account. This is not a scam. I honestly think each person's situation is different. I was denied at two other companies, and one other firm did not even contact me back! I highly recommend them! Give them a chance.
rip off oasis legal finance
Oasis Legal Finance is a rip off. They do not do what they say they will
these are loan predators --- there has to be a catch to this --- first of all if you lose you don't have to repay --- they can't make money like this and you can bet there will be hidden fees and a way for them to recover so BEWARE! --- also they advertise on TV on stations that constantly run ads for dishonest and scamming people and products --- suckers fall for this stuff all the time --- show me an honest ad on TV and I'll show you an honest politician in Washington --- if we ever get a legitamate government in this country they'll put a stop to this --- as for insurance companies who refuse to pay although they know they're wrong they should make them pay in full PLUS the legal fees --- once it becomes cheaper to settle honestly you won't need loan predators to advance you your settlement --- NOTE: if you do win your case by the time the loan predator and the lawyers get paid you'll have nothing left and will probably owe them something up and beyond the settlement