Stone Street Capital - Structured Settlements
Stone Street Capital is a firm that provides lump sum cash payments for structured settlements or annuities. They have more than 25 years of experience in the industry and offer a number of services to customers, including free quotes.
Stone Street Capital takes a slightly more cavalier attitude toward selling your structured settlement or annuity. While most companies suggest doing so only as the last possible option, Stone Street Capital encourages you to get your money now for whatever reason you want. This makes them slightly less trustworthy than other structured settlement companies that we reviewed, as they seem far more concerned with their own bottom line than the effect of their products on customers.
This is important because structured settlements are frequently the primary source of income for the recipient. This is why some states require you to retain a lawyer and/or consult a financial planner before selling your structured settlement.
It is also important to note Stone Street Capital's more aggressive stance because you will not be getting the full value of your settlement should you choose to sell it. Structured settlement companies work to make a profit, and so they will offer you something called a discount rate on your structured settlement or annuity. This lets the company resell your structured settlement or annuity at a profit. In return, you don't have to wait for your scheduled payments to get your money, but you also won't get as much money in the end. This can have large financial implications for your financial future, which is why it is wise to consult with a financial advisor prior to selling your structured settlement even if your state laws do not require you to do so.
One nice service that Stone Street Capital offers is that they will do most of the paperwork and legwork for you. That means that you don't have to appeal to a judge to approve the sale, and you don't have to spend time trying to figure out the complicated forms that can accompany such a sale. As a result, you get some time back for your money, but unless your time is incredibly valuable, you'll still lose on the discount rate compared to if you had just taken the structured settlement payments.
Also unlike some of the other firms we've looked at, Stone Street Capital doesn't have an upper limit on the value that you can get cash up front for. As a result, they are an excellent choice for lottery jackpot winners who want their cash and don't want to wait for payments. Additionally, they allow you to sell some of your settlement instead of all of it, which offers a degree of personalization and customization to suite the individual needs of the customer.
On the whole, Stone Street Capital is a middle of the pack structured settlement company. They offer enough services, and their website is usable enough to make the worth checking with if you are looking for quotes or offers on your structured settlement or annuity.