Illinois Workers Compensation cases take time and money is tight, so there is a whole industry that has developed to loan injured workers money. Many clients will ask me what I think about getting a loan on their future settlement.

When you get the money it seems like a good idea, but remember you have to pay it back. The interest rates are extremely high. The lenders know you are in a bad spot, the loan is high risk ( it takes time to get your money and no case is guaranteed) and there are not many options. 

If at all possible I would avoid these loans. If you absolutely must take out a loan, keep the amount as low as you can. Nothing is more disappointing than getting your settlement check and having to pay out a large chunk of it to repay a loan that is long gone.