by Structured Settlement Watchdog
Having turned the RAM Funding Bleaters into shashlik, it's time to turn some attention to other examples of what cannot be considered a best practice by others. when it comes to structured settlement factoring advertising.
Many such companies are spitting out their own versions of "structured settlements faq" (frequently asked questions) seriously lacking in focus. If the information provided was consistent with the promise in the title that might be fine. However, in my opinion they are like a bad burlesque show, financial "cross dressers" with hairy legs and stubble showing through their ill-fitting costumes. The very titling "structured settlements faq" by settlement factoring or settlement transfer companies is a ruse, a feign of purported structured settlements expertise which only serves, like the Sirens of Greek methology, to lure consumers onto dangerous rocks, to inveigle the unwitting to transfer their structured settlement payment rights at a deep discount and shipwreck their financial plans.
The claims that these are "structured settlements faq" are specious as, upon information and belief, none of these companies actually places structured settlements. I've already proven in prior posts that many of the perpetrators of this ruse do not possess the requisite license (or licenses) to place structured settlements or appointments with the insurance companies that manufacture structured settlements.
I hope to help consumers see the difference so they can make better decisions.
A best practice for these companies would be to have a "structured settlement factoring" FAQ, "structured settlement transfer" FAQ or something that describes accurately what it is that these companies really do and does not mislead. If they do this consumers will not be confused into clicking on their links when looking for legitimate structured settlement information that consumers need to make decisions regarding the consumer's long term financial security at, or near, the time of settlement.
If you put "structured settlements faq" into a search engine like Google or Yahoo the following are FAQs which should be avoided as these companies cannot help you with placement of structured settlements:
- J.G. Wentworth
- Ram Funding
- Northeastern Capital Funding (also a "perp" on the "structured settlement quote" front)
- Maximus Partners
- Diversified Alliance Financing
Here are the first page search engine listings that come up today on Yahoo and Google for "structured settlements faq". The illegitimi are marked over in red. Note that there's alot of red!