Structured Settlement Blog 2014 Update
As many of you advised us, we had a technical glitch over the weekend that caused the blog to briefly stop showing on the homepage. Of course, the blog continued to be operational but in order to view the content and the updates, one had to visit this page directly instead of viewing on the homepage. We apologize for the inconvenience and have (clearly) rectified the problem.
In light of this mishap, it probably is a good time to note the importance of staying current on market conditions when looking to sell a structured settlement for a lump sum. Much like operating a blog or any undertaking that is affected by outside conditions, looking to convert a portion of a structured settlement for cash, requires you to be constantly on the look out for scenarios that may impact you. When it comes to selling a structured settlement, maybe the most important thing to be weary of is the buyer you elect to go with and whether that buyer has the experience and knowledge to not only get you a lump sum but get you that cash in the most efficient manner.
As you may know it is relatively inexpensive to set up a website these days. Godaddy offers websites and hosting for very little money annually and then all you need to do is pay a web designer to create a layout for you. If a web designer merely utilizes a template, he or she may be willing to “create” a webpage for few hundred dollars. What does this mean to you as a person looking to sell a structured settlement?
It means you need to be careful that you are actually dealing with a group that has an actual background in buying structured settlements in the secondary market and is not just a marketing company that is looking to gather your information and sell it to another company. While there is nothing fundamentally wrong with this set up, you, as the consumer, want to be aware of who and what you are dealing with. To that end, it makes sense to talk to the person on the phone from the website you locate and ask some pointed questions about their experience. At some point you will have to go with your gut and determine if moving forward and providing information about yourself and your structured settlement annuity seems appropriate.
At CSF, we never sell your information to 3rd parties and have been in the structured settlement buying industry for years. Call us if you want honest, straightforward answers