Workers Comp Personal Loans

When Legal Funding On Workers Comp Is Off The Table, Do This Instead

✅ Get From $500 To $100,000
✅ Most Credit Scores Accepted
✅ Online Approval
✅ Next-Day Funds

If you’re ineligible for workers compensation settlement funding, TriMark has a special network of lenders that can still help you get the money you need today.

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So You’re Ineligible For A Workers Comp Loan?

Workers comp only pays 2/3 of a worker’s regular paycheck. Predictably, that can create some enormous problems for people.

Personal Loans When Workers Compensation Settlement Funding Is Not Available

To make matters worse, it can take several months to several years to reach maximum medical improvement (MMI). But until you do, your attorney can’t even start negotiating that big settlement you’ve been counting on.

And therein lies the problem.

Until your settlement money comes in, bills will continue piling up, and your once-stellar credit rating will continue its steady descent from brag-worthy to fair, poor, and then finally, ugly.

A workers comp loan could probably help, but since you’re here, we’ll assume you’re ineligible.

Don’t worry about that though, because there’s an excellent chance we can still help you get the money you need.

Help Has Arrived

Most plaintiffs automatically assume they won’t qualify for a personal loan due to income or employment issues or because their credit took a beating after they got hurt. With traditional lenders, that assumption is correct.

But TriMark works with a network of alternative lenders who are eager to help our clients who are ineligible for either legal funding or workers comp funding. And our lenders can accommodate people in most circumstances and with most credit ratings.

Personal Loans While On Workers Comp

A personal loan can provide the money you need immediately. It may also include some cool benefits.

First, they may have a lower overall cost than legal funding. Second, approval amounts may be higher than legal funding. And third, unlike legal funding or workers comp loans, your payments are reported to the major credit reporting bureaus. That means that beginning with your very first on-time payment, and every payment thereafter, your credit scores can begin to heal and improve.

The lenders in our network typically feature affordable monthly payments and no pre-payment penalties. That means you can get the money you need now, and then once your case has settled, you can use some of your settlement money to pay off the loan.

“But I have bad credit, late pays, etc., etc., etc.”

TriMark, however, works with a network of alternative lenders that overlook a lot of the blemishes that traditional lenders get hung up on. And because their criteria is far less restrictive, they tend to say “yes” when everyone else is busy saying “no”.

You can apply regardless of your credit score, funds are usually available within 24 hours of approval, and you can request however much as you need, up to $100,000. One of the benefits of a personal loan is that you on-time payments can help improve your credit scores. The best part is that most of the lenders in our network don’t have pre-payment penalties. That means you can get the money you need now and simply pay off the loan whenever your workers comp settlement is finalized.


These personal loans are available in amounts from $1,000 up to $100,000. Depending on the program, they are available to borrowers with fair, good, and excellent credit.


As the name implies, these are personal loans for people with bad credit. They are available in amounts from $500 up to $10,000. Rates and terms for individual loan programs will vary depending on a number of factors.


These are short-term and very short-term loans. They are available in amounts from $200 up to $2,500.The repayment periods vary between loan programs and can range from 7 to 30 days. These are true emergency loans that are intended to provide immediate cash but are then repaid very quickly.

Access Is A Problem, But It’s Not The Only One

One of the drawbacks of workers comp loans is that they’re available in less than 25% of the states:

  • Alaska
  • Connecticut
  • Florida
  • Louisiana
  • Montana
  • Ohio
  • Oklahoma
  • Rhode Island
  • Tennessee
  • Washington
  • Wyoming

Population-wise, however, most Americans live in states where workers comp loans are not available. This becomes even more apparent when you consider that Wyoming, Montana, Rhode Island, and Alaska are all among the 10 least-populated states in the country.

Another shortcoming with worker’s compensation settlement funding, especially on claims where the injuries are not severe, is that they typically get approved for about $3,500 or less. Many people need more money than that. And unlike settlement loans where buyouts and additional funding are possible, you can only get one cash advance on your worker’s comp claim.

Last but not least, attorney participation is mandatory. That means anyone whose attorney isn’t on board, and everyone who is negotiating directly with workers comp, are also ineligible.

These are the states where cash advances on worker’s compensation claims are not available:

  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Deleware
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Oregon
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington DC
  • West Virginia