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October 23, 2012

Structured Settlement Quotes and Cognitive Dissonance

by John Darer ® CLU ChFC MSSC CeFT RSP CLTC

Define structured settlement quote? In this informative podcast New York City area structured settlement expert John Darer reviews what you need to know about structured settlement quotes

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While it seems pretty straightforward, a certain amount of "cognitive dissonance" may result from the search engine optimization efforts of certain members of the secondary market for structured settlement payment rights that (shall we say?) take some "creative liberties.

A classic example of " cognitive dissonance" illustrates the longstanding approach 351px-The_Fox_and_the_Grapes_-_Project_Gutenberg_etext_19994used by a number of members of the structured settlement secondary market in an attempt to get lure structured settlement annuitants to part with (sell) the long-term financial security provided by their structured settlement payments. 

In one of Aesop's fables, a fox sees some high-hanging grapes and wishes to eat them. When the fox is unable to think of a way to reach them, he decides that the grapes are probably not worth eating, with the justification the grapes probably are not ripe or that they are sour (hence the common phrase "sour grapes").

On a parallel, one can observe that some factoring companies seek to create cognitive dissonance by attempting to change the belief systems of structured settlement annuitants using the 'why wait for teensy weensy payments" concept to unsettle annuitants and get them to believe, that their annuity payments are like the Fox's grapes; that they will actually receive a "huge lump sum"; and that the benefit from that " huge lump sum" will offset the "nutritition" of  longer term financial security.

To wit, Imperial (" Why should you have to wait for your own money?"); Peachtree  (" You shouldn't have to wait for your payments to arrive over time" ; TV mailbox ad waiting for payments "until the tumble weeds come");  Integrity ("If you're tired of waiting on small, monthly payments for 5, 10 or 20 years) 123 Lump Sum ("Why should you wait to live the life of your dreams?")

Takes annuitants' eye off the ball and all that financial shrinkage they will suffer.

 


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Posted at 08:47 AM in Albany New York Structured Settlements, Bowling Green Kentucky Structured Settlements, Bridgeport Structured Settlements, Bronx New York Structured Settlements, Brooklyn New York Structured Settlements, Buffalo New York Structured Settlements, Chicago Illinois Structured Settlements, Conshohocken Structured Settlements, Detroit Michigan Structured Settlements, Hartford CT Structured Settlements, Lexington KY Structured Settlements, Long Island NY Structured Settlements, Los Angeles CA Structured Settlements, Maryland Structured Settlements, New Jersey Structured Settlements, New Orleans Louisiana Structured Settlements, New York Personal Injury, New York Structured Settlements, Newburgh Structured Settlements, NJ Structured Settlements, North Carolina Structured Settlements, NYC Structured Settlements, Oklahoma Structured Settlements, Palm Beach Structured Settlements, Philadelphia PA Structured Settlements, Rhode Island Structured Settlements, Rochester Structured Settlements, Sacramento Structured Settlements, San Francisco Structured Settlements, Santa Monica Structured Settlements, Sarasota Structured Settlements, St. Louis Structured Settlements, Structured Settlement Information, Structured Settlement Quotes, Structured Settlements, Structured Settlements 101, Structured Settlements in Georgia, Structured Settlements in Illinois, Structured Settlements in Ithaca New York area, Structured Settlements in Kentucky, Structured Settlements in Louisiana, Structured Settlements in Miami Florida area, Structured Settlements in Michigan, Structured Settlements in Nassau County, NY, Structuredsettlement-quotes.com, Syracuse Structured Settlements, TX structured settlements, VA Structured Settlements, White Plains Structured Settlements, WV Structured Settlements |

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Josh

Did you that Structured Settlement Quotes Inc. recently got banned or penalized from Google? It's most likely from all the links they've been buying lately.

Posted by: Josh | November 09, 2012 at 03:26 PM

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