Choosing the Right Structured Settlement Buyer

The Right Structured Settlement Buyer Can Help

Lawsuit plaintiffs often receive their monetary awards in the form of structured settlements. Which means instead of receiving their money all at once, they receive smaller periods over a longer period of time until the settlement is completely paid out. Individuals often receive structured settlements as a result of serious injuries and accidents: for example, car collisions and slip and fall. While the structured settlement payments are an ideal set-up for some people, others decide that they’d like to sell those future payments for a lump sum of cash. Once you’ve decided to move forward with the sale of your future structured settlement payments, you’ll move on to the next step of finding the right structured settlement buyer.

This is easily the most important part of selling your structured settlement payments; after all, the buyer you choose will be working closely with you throughout the process. It’s important to select a buyer that is honest, reputable, and experienced.

Contact DRB Capital today at 877-894-4541 to learn more about selling your future structured settlement payments for a lump sum of cash.

Find the Right Structured Settlement Buyer for You

Several personal finance websites have done a lot of the legwork when it comes to comparing some of the top buyers, including brief information about their processes, fee structures, and so on.

Unbiased profiles of various structured settlement buyers can be a great starting off point because they can help get you familiar with some of the top buyers in the nation. Real feedback from past and current sellers is also an invaluable resource. Once you’ve narrowed down your list to several different structured settlement buyers you’d like to compare, perform individual searches on each one to read about the experiences others have had. This can help you weed out the buyers that you may want to avoid.

If you’re having a difficult time finding anything positive, or anything at all, this can be a major red flag and it may be in your best interest to eliminate that buyer from your list.

Research their Reputation

While there are certain things you may be flexible with when it comes to choosing a structured settlement payment purchaser, one thing that you should never compromise is the buyer’s reputation. When it comes to choosing a company that will be handling your structured settlement payments, you want to be confident that you’re choosing a reputable and trustworthy buyer. Checking their rating with the Better Business Bureau is one way to confirm whether a structured settlement buyer is reputable.

Find out What Matters Most to You

Remember, you’re choosing the right structured settlement buyer for you. The term “best” is subjective, and there is no one-size-fits-all solution to choosing the ideal settlement funding company. What works best for you may not be a good fit for someone else, and vice versa.

As you narrow down your options, determine what matters most to you, and use that to guide your decision. For example, is timeliness the most important? Is excellent help a must-have? Are you looking to only work with companies that have been around for many years? These are just some of the many things to think about before choosing a buyer.

Ask Plenty of Questions and Get Information

Once you know more about what you’re looking for in a buyer, you’ll know more about what information to look for throughout your research. The more information you have about each company’s process, the better, as it can help you make a fully informed decision. Be wary of buyers who are too vague with their answers or flat out refuse to answer any of your questions altogether; reputable companies typically won’t hesitate to be fully transparent.

Compare a Few Options

Don’t settle on the first company you come across, even if the first one you research seems like a great match. Line up a few different potential options and ask them the same set of questions. You’ll want to know more about the various choices you have before making a final decision and seeking information from multiple buyers is an essential part of the process.

Contact DRB Capital Today

At DRB Capital, we strive to offer a positive and seamless settlement funding experience from beginning to end. We understand that the process can feel overwhelming at first, but we are certain that we can help you or your independent advisor move forward with ease and confidence. We are also available to discuss any concerns or questions you or your independent advisor may have, and we are happy to provide more information on the process. Contact us today at 877-894-4541 to learn more or to get started with the sale of your structured settlement payments.