Structured settlements are payouts over time, a series of payments that are not subjected to any tax, instead of one lump-sum payment. You have the option to “cash in” your future structured settlement payouts by selling them. You must be wondering who buys structured settlements.
Well, there is a long list of factoring companies that buy structured settlements at a discounted rate and give you quick cash. Most factoring companies, such as We Pay More Funding, provide excellent services to people. Usually, structured settlements arise from personal injury, tragic death, or compensation lawsuits for workers.
Finding the Best Structured Settlement Company
If you look on the internet you will find a long list of companies ready to buy structured settlements. Finding the best company or individual investor who buys structured settlements can be done by considering some factors that help you know whether a company is trustworthy or not.
• Excellent rating at the Better Business Bureau
• None or significantly less number of complaints
• Free quotes for your structured settlements
• Offers quotes in writing
• Having competitive discount rates
• No hidden charges
• Professional staff and representatives who answer all your needs
How Much Do Structured Settlement Buyers Charge?
Depending on how structured settlements work for a company, a company or individual investor who buys structured settlements usually charges 9% to 18% of the price of your structured settlement. You can also find rates lower than this, but be aware of the reason why you are being offered low rates. You can always negotiate the rates with buyers and find the best suited for you.
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