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While both pre-settlement funding and traditional loans offer financial assistance, they differ in several significant ways. Pre-settlement funding is specifically designed for plaintiffs who are involved in a legal case and need financial support while they await the outcome of their case.
Reference: https://certifiedlegalfunding.com/how-pre-settlement-funding-can-help-you-avoid-the-risks-of-
While both pre-settlement funding and traditional loans offer financial assistance, they differ in s