Selling your structured settlements is like a confusing road map. What if you make a wrong turn? Where do I go to sell my payments? Is the company honest? How do I get an offer I can live with? Many questions and roadblocks. I will clear up some of the confusion.
Where do I go to sell my payments? Start by searching Google. Find three companies small, medium and large.
The Big company may not have the best quote because they carry a lot of advertising expense and overheads.
The medium company may give you the best quote. They have private investors many times who are willing to buy the payments for a premium. They depend on brokers, have a small staff and have little overhead.
The smallest company maybe one master broker who sell to the large company or investor. You may or may not get the best quote here. Service may be slower.
Are the companies honest?
You are protected by the law. Now all payment sales have to have court orders. So not to worry.. Only a couple of states don't have court orders, but loans are made and you have state and federal loan laws to protect you.
How do I get the best price?
Do your research and read about structured settlement factoring. Speak to a number of brokers or companies till you find the right one. Ask questions, trust your feelings. The process will take about two to four months to complete, depending on the state you live in and how crowded the courts are.
My best wishes go with you. - 15224
Where do I go to sell my payments? Start by searching Google. Find three companies small, medium and large.
The Big company may not have the best quote because they carry a lot of advertising expense and overheads.
The medium company may give you the best quote. They have private investors many times who are willing to buy the payments for a premium. They depend on brokers, have a small staff and have little overhead.
The smallest company maybe one master broker who sell to the large company or investor. You may or may not get the best quote here. Service may be slower.
Are the companies honest?
You are protected by the law. Now all payment sales have to have court orders. So not to worry.. Only a couple of states don't have court orders, but loans are made and you have state and federal loan laws to protect you.
How do I get the best price?
Do your research and read about structured settlement factoring. Speak to a number of brokers or companies till you find the right one. Ask questions, trust your feelings. The process will take about two to four months to complete, depending on the state you live in and how crowded the courts are.
My best wishes go with you. - 15224
About the Author:
Frank ReCouper Sr. is President of FDR Resources and has been in financial services for over 45 years. For more information go to: FDR Resources or R & P Capital Resources
