5 Questions to Ask your Structured Settlement Buyer

5 Questions to Ask your Structured Settlement BuyerWorking with any new firm can be a challenge – especially in an unfamiliar industry where you don’t recognize any of the brand names. In today’s article we will share five questions that you can ask your structured settlement buyer to ensure they are a reputable firm that will offer you a good deal.

How long have you been in business?

It should come as no surprise that there are always new structured settlement buying firms popping up here and there as small-time operations that are looking to make a buck. The challenge in working with a newer structured settlement firm is that they may not be able to offer you the best price for your structured settlement, or your cash can end up being delayed as they work through the paperwork. Check with the firm to see how long they’ve been around, and stay away from those who opened their doors within the past few months.

How large is your business? How many settlements do you buy per year?

Similar to the question above, this is something that can help you dig down in to the reputation of the business that you are considering selling your structured settlement to. If the firm buys hundreds or thousands of structured settlements each year, you can rest assured they know what they are doing. If they only buy a small handful, you might want to keep checking around.

How much can I get for my structured settlement?

Obviously you’ll want to know how much your buyer is willing to pay for your structured settlement, so it’s a question that is worth asking up front. Be careful with firms that want to grind you down via negotiation as this is a sign of a less reputable company that is trying to squeeze the most they can out of the transaction. When you work with a good structured settlement buyer, they will give you a price that is fair and negotiation won’t feel like a necessity.

How soon will you pay out for my structured settlement?

It’s important to know how long it will take for you to receive the cash from the sale of your structured settlement. Be careful with any firms that offer you 100% of the money within “24 hours” or “days”, as the paperwork isn’t as quick as this and it does take some time to complete. Note that Rapid Cash Funding and other firms may be able to get you lined up for financing to receive some of your cash immediately, depending on the circumstances. Contact us for more details.

Are you listed with the Better Business Bureau or other organizations?

Although many firms won’t take this additional step, you can ask your structured settlement buyer if they are listed with professional rating organizations like the Better Business Bureau. If so, you can call up the BBB or other organization to check on the ratings of the firm and to hear any feedback that previous customers have left about them.

Rapid Cash Funding is your partner in getting cash for your structured settlement. Our team works hard to ensure a fair deal for you and your family so that you can get the cash you need. For more information or a free quote call us today at 1-877-63-RAPID or fill in the quick form at the top of this page. It’s that simple!

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