Sell Structured Settlement Annuity Payments for the Most Money

Learn how to go about getting the most money should you decide to sell structured settlement annuity payments.

Sell structured settlement annuity payments with whomever offers the most money period.

Want to Sell Structured Settlement Annuity Payments?

The first thing someone should do if they want to sell structured settlement annuity payments is decide how much money they require. Some annuitants make the mistake of requesting either too much or too little money. Ideally they should only take out the amount of money they need from their structured settlement annuity. The annuitant should however make sure to sell enough of their annuity to accomplish whatever goals they have in mind. For example if person’s goal is to buy a home, which is one of the biggest reasons people sell structured settlement annuity payments, they should make sure the lump sum of cash they receive is enough to cover the cost of purchasing the home, whether an outright purchase or down payment. This amount should also be enough to cover expenses such as closing and moving costs.

Another expense to consider is new appliances and furniture. It’s quite understandable that a new home owner may not want to drag old, outdated appliances and furniture to their band new home. Additionally the annuitant should recognize if they have an alternate stable source of income at the time they decide to sell structured settlement annuity payments. Now is an excellent time to buy a home as prices are generally low throughout the United States. In 2014, people with decent credit can secure a mortgage rate between 3 and 4 percent which is excellent news for aspiring home owners.

If someone wants to sell structured settlement annuity payments to a buy a home, go to school, pay bills, or start a business they should make sure to sell enough payments to accomplish their goals. After deciding how much money is needed the annuitant should shop around a bit to see which structured settlement company will give the most money for structured settlement annuity payments. Once a company is chosen the annuitant should cooperate with their representative and send them the required documents to get things started. Typically a copy of a benefits letter or annuity policy from the insurance company that issues the structured settlement annuity is all that is needed to get the ball rolling. For more information on the actual process of how to sell structured settlement annuity payments please refer to our page titled How to Sell Structured Settlement Annuity Payments.

Beware of Competitor Bashing, Sales Gimmicks, and Outright Lies from Some Structured Settlement Factoring Companies

Quite honestly the structured settlement factoring industry doesn’t have the greatest reputation and with merit. Years ago many of the larger factoring companies would charge their customers preposterous discount rates often as high as 20% and more. Also, factual accounts of fraud over the practice of not adhering to certain state statute requirements concerning the use of Independent Professional Advice were unveiled. Many of these “Independent” advisors were actually referred to the annuitant by the factoring company therefore violating the annuitant’s right to seek “Independent” advice before signing the contract to sell structured settlement annuity payments. Presently there are only a handful of states that require that the annuitant seek Independent Professional Advise prior to allowing them to sell structured settlement annuity payments. Over the past few years the rates have come down considerably throughout the industry as a whole but the damage was done and it may take a while for the overall image to improve if it ever does. Below we’ve revealed some of the unscrupulous techniques some factoring companies may use to get an annuitant to sell structured settlement annuity payments to them over one of their competitors. The only thing that should truly matter to the annuitant is which company gives them the most money for structured settlement annuity payments! The following are some commonly used myths and tactics account representatives may use when trying to coerce an annuitant to sell structured settlement annuity payments to them and our response to such assertions.

I’ve never heard of that company…

It is immaterial if someone has heard of a company or not. The truth is selling a structured settlement annuity is not difficult and is actually quite a simple process. In fact the court process of selling a structured settlement annuity is the exact same no matter which company someone chooses. The annuitant should be concerned with getting the most money for structured settlement annuity payments and not whether a company is popular.

They won’t be able to fund you…

This is a commonly used tactic and a complete lie. Anyone that works in this industry is able to fund the annuitant once the court order is received. Otherwise they wouldn’t waste their time being in this business.  The annuitant is best served to sell structured settlement annuity payments to whomever offers the most money.

We are part of the BBB, they are not…

This claim has no bearing today. Years ago it used to actually matter as the BBB had an excellent reputation for rating companies and logging complaints against them. Recently, however the widely popular ABC show 20/20 did an investigative report that showed the BBB regularly gave out “A” scores to any company that paid them regardless of the number of complaints they had filed. To test this theory one group created a fake organization called “Hamas” named after the Islamic terror group and sought to get approval by the BBB. Sure enough the BBB gave them an “A-” once they received credit card payment. They also gave an “A+” to another bogus entity called Stormfront; a web site the group created as a skinhead, neo-Nazi organization. Shocking isn’t it? Please watch for yourself. Conversely world renowned chef and restaurateur Wolfgang Puck was given an “F” as was the Ritz Carlton in Boston, one of the most highly regarded hotel chains in the world. They both alleged they were given an “F” for failure to pay the BBB annual fee. Having stayed at numerous Ritz Carlton hotels throughout the world I must concur that it is a class “A” organization and can’t imagine how anyone would rate them an “F” in anything. It is completely unwarranted and unfair. Therefore people shouldn’t place too much faith in any company’s BBB rating especially when their good rating is paid for with a credit card. Instead people should look or ask for true testimonials from prior customers. People should be smart and go with their gut instinct. It’s amazing how accurate one’s gut instinct is. It’s probably people’s best tool to guide them as to which company they should sell structured settlement annuity payments to.

It’s a difficult process only we can handle…

This is complete rubbish. Any company with one competent attorney can process a transfer to sell structured settlement annuity payments. It’s not rocket science by any means.

We will give you multiple offers…

Any company can give you multiple offers if you really want but the concept doesn’t make sense. Obviously the annuitant is best served by going with whichever company gives them the best offer for their structured settlement annuity payments. The concept of providing multiple offers lower than the best offer is pointless.

We are Certified Funders…

There is nothing certified whatsoever about funding a structured settlement annuity transfer. There is no certification needed or required to fund a structured settlement annuity transfer. Once again, the annuitant is best off going with whoever gives them the most money for structured settlement annuity payments period.

We have special lawyers…

There is nothing “special” or unique about one company’s lawyers versus another. Once again, structured settlement annuity transfers are not difficult and many of the factoring companies use the same outside counsel attorneys (attorneys that are licensed to practice in the state where the Annuitant resides) throughout the 50 states to process their transactions.

We’re a direct funder…

Although a company may occasionally buy an annuity for themselves it is an extremely rare instance. Even if the payments are originally re-directed to the factoring company’s address after having received the court order approving the transfer, the company will eventually seek to securitize their cash flow of annuity payments to an institutional investor. All factoring companies function as middlemen whether for an individual investor or institutional investor. It’s just the way the business is run. There is no such thing as a “direct funder”. In reality the direct funder is the individual or institution that winds up receiving the assigned structured settlement annuity payments which is usually not the same company that processed the transfer.

We’re a bank…

It may be that a factoring company actually operates as a bank. Who knows? If they are a real bank then a person should be able open a checking, money market and savings account and perhaps even invest in stocks and mutual funds. A real bank should also offer auto, home mortgage and personal loans. If they don’t offer those things then I’d question whether or not they’re a real bank. Regardless it doesn’t matter because the annuitant is best served by going with whomever offers them the most money for structured settlement annuity payments, whether it’s a bank or not.

We’ve been around for years…

This claim is immaterial and is similar to the “I’ve never heard of that company…” assertion. Once again annuitants are best off going with whichever company offers the most money for structured settlement annuity payments period. The fact that a company has been around for a long time is irrelevant to the annuitant that wants to sell structured settlement annuity payments. Perhaps that same company has been ripping people off for years too. Every company starts somewhere and there are thousands of successful companies that have not been around for years and years. At one point nobody had heard of Amazon, Facebook, Groupon, Google or Twitter. Think of that for just a moment.

We’re on TV…

The fact that a company runs ads on television is irrelevant. It simply means they have high overhead and a higher cost of running their business. If anything they will charge the annuitant more money for structured settlement annuity payments to pay for that advertising. Everyone knows that television commercials are expensive. Some companies spend hundreds of thousands of dollars per month to reach people that may want to sell structured settlement annuity payments. Once again, the annuitant should feel confident to go with who offers the most money and forget about whose running ads on TV and who’s not.

We’re giving away free iPads…

The practice of offering promotions to clients is fine but the annuitant shouldn’t let it delude them from the amount of money they’re actually receiving should they choose to sell structured settlement annuity. If a company pays someone $10,000 more for them to sell structured settlement annuity payments that will more than make up for the free iPad! $10,000 can buy someone lots of iPads! Corona Capital may occasionally offer gifts and other promotions to our valued customers but that will always be secondary to the amount of money we offer for their structured settlement annuity payments. People should go with whichever company offers them the most money for structured settlement annuity payments and they can buy their own iPads if they wish!

That other company is no good…

Bashing one’s competitor. This practice is truly upsetting. Anyone that stoops so low as to bash a competitor of theirs to win over the customer has no ethical standards. The quotes we offer annuitants for their structured settlement annuity payments are usually the best but in rare instances a competitor of ours may actually offer the annuitant more money than we can and that is OK with us. If that is the case so be it. It is Corona Capital’s policy not to resort to bashing another competitor with lies and mistruths in an attempt to persuade the annuitant to transact their business with us. Quite honestly this practice is what hurts the industry as a whole and gives it a “dirty” reputation. Corona Capital maintains the highest ethical standards. We accept fair competition and realize its part of the business and actually best for the industry as a whole.

Sell Structured Settlement Annuity Payments with Corona Capital

For more information on the complete process of how to sell structured settlement annuity payments please refer to our page How to Sell Structured Settlement Annuity Payments. If you or someone you know is ready to sell structured settlement annuity payments and would like a quote to sell structured settlement annuity payments please call Corona Capital at +1 (888) 852-5658. Our Account Managers are friendly, knowledgeable and will treat you with the respect you deserve. Get the most money for structured settlement annuity payments today with Corona Capital!

Remember, the court process to sell structured settlement annuity payments is the exact same no matter which company you choose. Why not get the most money possible?