“They charge customers extremely high rates 19.99 is the MINIMUM that they will do a transaction for, unless a manager approves something lower (which is rare). Other companies will charge much lower rates and get you more money almost every single time.”
The above quote came directly from an ex employee of Peachtree Settlement Funding on this article from Rip Off Report. How does a company who has rates of 19.99% continue to thrive in todays structured settlement factoring market?
Attention: Tort victims who are selling structured settlement payments, DO NOT GO TO PEACHTREE SETTLEMENT FUNDING! You can receive a better quote be talking to any other company in the factoring market. The difference between the 19.99% and a 10% discount rate could mean tens of thousands of dollars for you and your family. Do yourself a favor and get a second opinion before signing any documents with this company.
This company is able to offer these types of rates due to uncompetitive lead generation from both television and internet advertisements. While annuitants will most likely receive a second opinion on the internet, most television victims will not shop around for another quote. This is unfortunate for both tort victims and the structured settlement factoring industry.
Peachtree Settlement Funding needs to step up and set a better example. These types of rates were seen in years past but are slowly dwindling. It is sad to see a company that can still get away with horrible discount rates like those of Peachtree Settlement.
Settlement Quotes is a funding brokerage firm providing services in the following areas:
Settlement Quotes is not a direct purchaser of these payment steams. We work hand in hand with several funding companies which process and fund these types of transactions. We are able to provide better quotes to the payment steam owner if they come to us than if they were to go to these funding companies directly. Why? These funding companies make money by funding payment streams with as little money as possible.
Settlement Quotes makes sure these funding companies make as little profit as possible. Don’t believe us, request a quote, and let us show you!
Settlement funding can be applied for both pre-settlements and post-settlements. Pre-settlement funding is usually known as a lawsuit advance or lawsuit funding. Post- Settlement Funding can mean different things including but not limited too structured settlement funding, lawsuit judgment funding, or annuity funding.
Settlement Quotes provides funding for all of these cases. Pre-settlement funding is known as lawsuit advances are very common for cases that have been in litigation for many years. Individuals usually apply for lawsuit funding if they need money to hold them over till their case settles in court.
Structured settlement funding is provided for individuals who would like to sell their structured settlement payments for a lump sum of money. These cases take several months to finish and are not a quick fix in a tough financial situation.
Judgment funding is for a lawsuit settlement that has been settled in court. Most individuals receiving funding for this type of case have a judgment, but will not receive their money for several months to come. We can provide a check within a few days instead of waiting months.
Annuity funding has multiple meanings. Settlement Quotes can provide annuity funding for individuals looking to sell annuity payments for a lump sum of cash. This process usually takes three weeks to complete.
If you have any questions feel free to contact us at 401-207-8312.
Welcome to Settlement Quotes blog. Our team of settlement consultants will provide news from the financial industry including the structured settlement, annuity, lawsuit funding, and personal finance sectors.
Blog posts will be updated on a daily basis.
