Reviews of Popular Structured Settlement Companies
If you’ve been awarded a large sum of money related to a civil case since the 1980s, especially for accident and personal injury cases, then it’s very likely it was funded through a structured settlement. In fact, structured settlements have become so ubiquitous that they now represent a $5 billion per year industry.
However, while structured settlements can provide you with money for life—whether related to injuries, lottery winnings, or an inheritance—they very often fail to meet individual’s needs on a monthly basis, especially when emergencies arise. Which is where structured settlement buyers enter the picture.
These companies specialize in turning your structured settlement into a single, lump-sum cashout that can potentially provide you with the cash you need when you need it. However, it’s important to keep in mind that these buyers will purchase your future payments at a deep discount (generally 10% to 20% of the total amount), which they’ll retain as profit. Because this can often translate into a large amount of money, be sure to read our reviews so you can choose a structured settlement company that best fits your needs.