More structured settlement social media "road kill" from Einstein Structured Settlements
"Going all the way back to 1983 the United States Congress has structured these payments in exhcange (sic) of (sic) previous lump sum payments to help provide a secure and long term solution for insurance payouts that are tax free and are set with the payee (thats you if you are reading this) and policy holders. So if you have an annuity or settlement and want to see how much money you can get from a buyer of structured-settlements (sic) than (sic) contact us today for a free quote and consultation on how we can best serve and help you get cash in your hand today"
Why Einstein Structured Settlements is Inaccurate
- The United States Congress does not structure settlements.
- Not all insurance payouts are tax-free
- The process of selling structured settlements requires approval of a judge. It's not an overnight process.
What Else is Wrong With Einstein Structured Settlements Marketing Approach?
The above cited piece of misinformation does not inspire that "working with Einstein is genius". It comes from a posting called "New York Life Structured Settlement Cash Out?"
"Tired of being behind on your bills. Have a structured Settlement that was underwritten by the New York Life insurance company by any chance? If so today may be the day we help you get back on your feet by advising you on whether or not it makes sense to cash out part or all of your current monthly/future payments that you are receiving as a result of a lawsuit from new york life in exchange for a large lump sum payment".
Instead of marketing its value proposition, Einstein goes for "brand jacking". How many times is New York LIfe mentioned in the same paragraph? What about an error riddled approach from a company that has only been around since Halloween, inpires anyone to trade financial security from a top rated insurance company that has been in business since before the Civil War?
Elsewhere on its website Einstein asks " What are Structutred (sic) Settlements and Where Can I sell them?"
Part of its response, which seems to defeat its own marketing message is
"Managing a structured settlement is less Stressful If you get a lump sum amount, you will have to worry about investing the amount so as to provide regular income. Structured payment is by itself regular income and thus easier to manage. For you to get the most from your structured settlement case, you will need professional help and advice"
We look for a little more attention to the accuracy of content being disseminated to American consumers
Einstein still posts a fake "testimonial" prefaced by the statement " Even our hispanic clientle (sic) loves how we help then maximize their settlement", in which the purported Einstein client claims she sold a structured settlement to Einstein to pay for ocean front property in Miami and a Bentley. Setting aside how non credible the testimonial is (a judge is going to let someone sell their structured settlement to buy a Bentley?), and what a poor reflection such a testimonial is on the structured settlements secondary market, at the time the video was first posted the company had yet to even do a deal, according to our source. On December 13, 2012 Rescue Capital observed about the video "...can hardly be considered a typical and noteworthy reason to sell your payments. This reason will certainly not satisfy the best interest determination by the judiciary across many States in the US.