Strategic Capital - Structured Settlements
Strategic Capital is a structured settlement company based in New York that buys and sells structured settlements and annuities. Strategic Capital is a bit different from some of the other structured settlement companies we've reviewed because the encourage you to sell your structured settlement or annuity only as a last resort, and will not buy the entirety of your structured settlement or annuity, which means that you will still have a steady income stream, just at a reduced rate compared to what it was before.
One of the best services that Strategic Capital offers is a consultation prior to even discussing the sale of your structured settlement or annuity. This lets Strategic Capital make an assessment of your needs so they can help you determine the exact amount of your structured settlement or annuity to sell, or if you should be selling it at all.
Strategic Capital will give you a quote and a contract upon deciding that selling your structured settlement or annuity is the best option, but they will also encourage you to take the contract to an independent lawyer for consultation. Some states may require you to do this anyway, as selling a structured settlement is not an action that should be taken lightly, and it is important to understand the full implications and consequences of the sale on your financial future.
Their website is laid out in an easy to use way, with a number of helpful links that will provide you with a better understanding of the process of selling a structured settlement, as well as the associated risks and benefits so that you, as the consumer, can make the most informed decision possible. This level of care and concern for the customer puts Strategic Capital a step above most of the structured settlement companies that we've reviewed, and is a trait you should look for in all your business dealings.
Something that is important to note is that you won't get the full value of the part of your structured settlement or annuity that you are selling. Strategic Capital, like all structured settlement buyers, will offer you what is called a discount rate for your structured settlement. This is how the company makes a profit. They buy your structured settlement for a discount rate, and then sell it to another party at a rate higher than they paid for it. The purchasing party then gets a reliable, stable source of income that is greater than the amount they paid for the structured settlement, making it a safe, predictable investment.
It is also important to note that there are some structured settlements or annuities that Strategic Capital will not, through choice or law, purchase. Additionally, like most structured settlement companies, Strategic Capital's website does not list their rates or fees. This is because of the complex nature of structured settlements and the fact that each structured settlement is unique.
If you're thinking about selling your structured settlement or annuity, Strategic Capital is one of the best places to go for a quote. Their concern for the customer and helpful website make them one of the best structured settlement companies we reviewed.