Structured Settlement Buyer, If you are seeking an information for buyer of structured settlement payment, I may say that you are on the right place. But before that, I must remind you that you need to find a reliable / good buyer because there are lot of bad buyer out there are ready to take an advantage from your payments, and you are going to loose some money if you aren’t aware of them. Or, you may want to know who willing to purchase your structured settlement first. So, how to find a good / reliable structured settlement buyer anyway? There are several things that you can check / consider before dealing with these buyers or normally people call them brokers to ensure that they are truly legitimate buyers. So, here you are:
1. A good structured settlement’s buyers / brokers normally estimate their fees inside their quotation; then offers to buy your settlement payments in their best latest value together with deducted amount for their fees purpose. 2. Good buyers will never ask you for down payment, up front fees or deposit (however some fake buyer will ask you for consultation fee even before doing any work progress or just for a simple discussion).
3. Good structured settlement buyer will never give you an extremely high quotes that you can feel it too good to be true. If you find this, they are scammer for sure (bear in mind that things that too good to be true is hardly to become reality in real world).
4. Good buyers / brokers will never promise you that they can manage to give your lump sump cash by tomorrow or only in few days. You should know that the process of buying your structured settlement takes at least 4 weeks and may be up to 12 weeks to get your lump sum cash in hand.
5. Good broker / buyer shall be member of the Better Business Bureau. However, some unethical broker claims that they were expert even they are only completed a week long course or nothing at all. So, ask them politely for prove that they are registered or member of that bureau.
I think there are still some of things that you can consider to ensure that your settlement’s buyer is legitimate before selling your structured settlement payments. But what were highlighted above is the obvious characteristics and attributes of bad buyers and I could say that if you found one of them, they have a huge possibility to be scammers.
So, once again, just get an enough and precise information about structured settlement transaction and of course check out the background of the buyers before making any decision to sell your structured settlement payment to them… cheers.
1. A good structured settlement’s buyers / brokers normally estimate their fees inside their quotation; then offers to buy your settlement payments in their best latest value together with deducted amount for their fees purpose. 2. Good buyers will never ask you for down payment, up front fees or deposit (however some fake buyer will ask you for consultation fee even before doing any work progress or just for a simple discussion).
3. Good structured settlement buyer will never give you an extremely high quotes that you can feel it too good to be true. If you find this, they are scammer for sure (bear in mind that things that too good to be true is hardly to become reality in real world).
4. Good buyers / brokers will never promise you that they can manage to give your lump sump cash by tomorrow or only in few days. You should know that the process of buying your structured settlement takes at least 4 weeks and may be up to 12 weeks to get your lump sum cash in hand.
5. Good broker / buyer shall be member of the Better Business Bureau. However, some unethical broker claims that they were expert even they are only completed a week long course or nothing at all. So, ask them politely for prove that they are registered or member of that bureau.
I think there are still some of things that you can consider to ensure that your settlement’s buyer is legitimate before selling your structured settlement payments. But what were highlighted above is the obvious characteristics and attributes of bad buyers and I could say that if you found one of them, they have a huge possibility to be scammers.
So, once again, just get an enough and precise information about structured settlement transaction and of course check out the background of the buyers before making any decision to sell your structured settlement payment to them… cheers.
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