Waste of time
This company claims that you can get a loan within 48 hours! "Tribeca Lawsuit Loans provides funding for employment lawsuits at every step of the case — including before you file!" I applied for funding on a Wednesday, my lawyer responded to the email with the requested information and documentation on Thursday, within 20 hours of the information being requested. At that point I assumed I would hear something before the end of the day Friday, I did not. I then reached out to Diana via email AND a couple of phone calls only to realize I would not get any sort of response until after the holiday weekend (memorial day). Which meant, the soonest i'd get a response regarding a STATUS update, not even a decision, would be Tuesday. I received NO updates of substance between Tuesday and Thursday (6 business days later) while waiting. Even more frustrating is that I had to relentlessly be the one following up on the process. When I did finally receive a decision I was informed of the following "I heard back from the underwriting team. At this time we are unable to provide funding, as it is still early in the process. I can calendar this case and revisit it in 30 days, to see if more information is available for review." At best, I thought maybe they would offer a smaller amount than was requested, or at least some sort of explanation as to what exactly that meant "too early in the process" considering they advertise that they offer funding "even before you file, including pre-filing, pre-trial, during trial, etc". Massive waste of time and extremely frustrating given current circumstances. ETA - In response to the business' response: I am honestly appalled at this response in general, even more appalled by the amount of spelling errors within the response. Not necessarily the best look in a professional sense, but since you all took it upon yourselves to disclose details of my personal legal matter, I will respond to clarify. On April 14th when I initially submitted the application I received a phone call from Diana as well as a voicemail. Within 10 minutes of receiving the voicemail I received an email from Diana that indicated she was reaching out regarding my application. This was at 5:08pm EST. When I saw the email I attempted to give her a call and left a voicemail myself. I had not heard back right away but noticed that her hours indicated 10am - 6pm EST. So I responded to her email indicating that I attempted to call and it went to voicemail. This was now 5:41pm. Diana responded at 5:48pm indicating she had already left the office for the day and asked that I call Monday after 10am. I replied to that email asking about the number that is advertised as 24/7 on your website, if that was a different department or if I was able to call that number instead of waiting until Monday. I received NO response at all. So understandably, when matters became more urgent for me, I followed up on the application on May 11th. This is the first I am hearing of any other type of funding being looked into, as it was not at all discussed with me. Diana attempted to call me ONE time after I had already reached out several times via email regarding the status. So I am missing how my phone being shut off made following up more difficult for her? I am confused about why the date of me hiring my attorney is relevant here. Especially considering the relevant date of the entire claim is 01/29/2023. There was no significant gap in my call to action. I actually did not indicate anything regarding the arbitration demand, my ATTORNEY responded to your email inquiry regarding the status of my case. He simply indicated that “The matter is currently pending in JAMS arbitration” Aside from emergency situations, such as being unable to cover basic living expenses (including a phone bill, which if it is not paid, gets shut off) due to loss of employment and a pending legal matter - I guess I am missing the point of this type of funding. I am not disgruntled due to being denied, I am disgruntled that your company has advertised so heavily that it does not matter what stage of the legal process you are in, you could still be eligible for funding. Not to mention the immense lack of transparency regarding the entire process and turnaround time along the way. As far as revisiting the option, I am missing that point as well considering my urgent situation is in fact urgent. Holding off for an additional 30 days would only make matters worse. So I will seek funding elsewhere.