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November 03, 2009

Where "Fast Cash Now" Apparently Means The Speed of a Tortoise

200px-Galapagos_giant_tortoise_Geochelone_elephantopus  by Structured Settlement Watchdog®

 The "fan mail" is pouring in for Structured Asset Funding.... 

"I would highly recommend not doing business with this company. Three months after my money has been promised to me (after 9 months of court and notarized paperwork), I still have not seen a single dime, and am facing imminent foreclosure. Answers are not satisfactory. It's always "We're just waiting for the bank to release the funds." How hard is it to write a check? I am very aggravated at the entire process and regret my decision wholeheartedly".-words of Rachel P.  from just a few days ago on 10/30/2009 on the Better Business Bureau, website feedback for Structured Asset Funding, LLC.

Food for thought:

  1. These are the same people that took 6 months to pay "The Connecticut WomIf you wait long enoughan" in a deal referred by NSSTA member Ron Sullivan of Bradford Settlements to be funded by Structured Asset Funding, LLC. A copy of the Connecticut court record is in the possession of the author.
  2. These are the same people who advertise "fast cash now".
  3. These are the same people who imply in their advertising that it is wise to sell your structured settlement to buy a boat or Ferrari.
  4. Structured Asset Funding also acts as a "servicing company" for factoring deals where the annuitant has not sold all of their structured settlement payment rights.

Most people can't afford to wait THAT long!

 

Posted at 09:31 AM in Better Business Bureau, Cash Now Pushers | The "Cash Now Fix", Factoring Industry Servicing Commentary and Discussion, False Advertising Re Creating, Buying or Selling Structured Settlements, Structured Asset Funding/123 Lump Sum, Structured Settlement Transfers, Structured Settlement Watchdog®, Truth In Advertising, Truth In Advertising Structured Settlement Factoring, Truth in Advertising Structured Settlements |

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