Woodbridge Structured Funding - Structured Settlements
Woodbridge Structured Funding is a structured settlement and annuity company that offers financial products generated from their purchasing of various types of structured settlements and periodic payments. These included structured settlements, lotto and casino winnings, inheritance, and more. Woodbridge Structured Funding will buy all or part of your structured settlement or annuity, and you can even sell part of every payment, which lets you keep your income stream, just at a reduced level, while receiving a lump sum of cash up front.
Structured settlements are complicated agreements, and they can be difficult to sell. It is important that you talk to a qualified financial planner before deciding to sell your structured settlement or annuity so that you can be sure you fully understand the implications of the sale. In fact, depending on what state you live in, the law may compel you to talk to such a person and/or a lawyer if you are trying to sell your structured settlement.
Woodbridge has been in business since 1993, and has purchased more than $1 billion in structured settlements and annuities. Setting them apart from many other structured settlement purchasers we've reviewed, Woodbridge offers a best price guarantee on their structured settlement purchases.
Another element of Woodbridge that builds trust with consumers is that they do not encourage you to sell your structured settlement or annuity to just get some fast cash, and list situations where it might be appropriate to sell your structured settlement or annuity. This is in contrast to other companies that encourage you to sell no matter your situation. This helps to establish that Woodbridge is interested in helping people and not merely profiting off of them.
One thing Woodbridge does have in common with other structured settlement buyers is that the do not list rates or fees on their website. Rather, you have to contact them with a quote. This makes sense given the complicated and unique nature of structured settlements and annuities. The process of selling your structured settlement is not outlined on the website, which encourages you to call for a quote in order to learn more about the process.
Selling a structured settlement or annuity should not be taken lightly, as it may be your primary source of income. It is important to note that you won't get the full value of your settlement if you sell. Instead companies will offer you a discount value, which is how the company is able to generate a profit. You get a lump sum of cash and they get the profit generated by reselling your structured settlement at a rate higher than they paid for it, but still below the value of the settlement, which is what makes the product appealing.
Woodbridge is an excellent place to get quotes from if you are considering selling your structured settlement or annuity. They've been in business for nearly 25 years, which demonstrates that they are a firm that can be trusted. This, along with their best price guarantee are why they rank among the best structured settlement companies.