Settlement Capital Corp - Structured Settlements
Settlement Capital Corp is a firm that specializes in structured settlement investments, and also buys structured settlements to sell as product. In addition to the standard types of structured settlements, Settlement Capital Corp also pays lump sums for lottery winnings and other annuities. They have purchased more than $1 billion in structured settlements, and are based in Dallas, Texas
Structured settlements are usually the result of court cases and lawsuit settlements. They are an arrangement where the damaged party receives payments on a set schedule set up during the settlement process. This is designed to provide the injured party with replacement income, but sometimes unexpected events can happen, resulting in that party needing cash right away. This is where Settlement Capital Corp and other structured settlement companies come in. It is important to note that selling a structured settlement can be a complicated process, and it has tremendous impact on your financial situation, so be sure to consult with a qualified financial advisor before deciding to sell your structured settlement.
Like most companies we reviewed, Settlement Capital Corp does not offer rates or fees on its website, you need to contact them for a quote regarding your specific structured settlement. This is common as structured settlements are all different and unique. This makes it hard to offer a standard rate for your structured settlement or annuity.
Settlement Capital Corp has a decent website that gets you to the information you are looking for. Like most other sites they do a good job of explaining many of the terms that surround structured settlements and annuities, and discuss different types of structured settlements and annuities, but they don't offer the same level of resources that some of the other websites we reviewed offer.
This is important because access to these resources is the best way to understand the situation that you are getting into. Selling a structured settlement can be a complicated process, and so the more information you have access to, the better the decision that you can make regarding your financial future. This is another reason why it's important to speak with a qualified financial advisor or planner if you are considering selling your structured settlement or annuity. In fact, depending on the laws of your state, you may be compelled to talk to such an individual and possibly also hire a lawyer. These costs should be taken into account when deciding whether or not to sell your structured settlement.
Another important consideration is the fact that you won't get the full amount of your settlement if you decide to sell it. Firms like Settlement Capital Corp need to make a profit, and they do this by paying you what is called a discount value on your settlement. This lets you get a lump sum of cash up front while the company gets to sell your structured settlement at a profit.
Settlement Capital Corp is standard for the companies that we've reviewed. They offer predictable services with a useable but not impressive website. They're worth getting a quote from if you're considering selling your structured settlement or annuity.