by Structured Settlement Watchdog®
Structured settlement factoring companies like ISettlements, a brand of 123 Lump Sum, do themselves in by hiring low value content generators. It's easy to make fun of "poo stew"" like its info graphic "How Do Structured Settlements Work?"
The "Toasted Almond"
"You Sue the Insurance Company" No, you sue the defendant
The "Strawberry Shortcake"
"Over $6 million is paid each year to fund new structured settlements" Technically true but Isettlements' number, which is coincidentally about 65% of the market cap of its biggest competitor JG Wentworth, is way off. The number is actually just under $6 Billion!
The "Birthday Cake"
"37,000 Americans use structured settlement money every year" Define "use" and Fact check.
The "King Cone "
"Be aware that selling off an annuity can cost surrender charges of up to 10%" Structured settlements don't have surrender charges, but when you get structured settlement factoring companies like Isettlements involved you can count on a haircut.
"Take lump sum if less than $150,000" Following Isettlements' advice could (1) negatively impact a student's eligibility for financial aid or reduce the amount eligible (2) impact government benefits.
Click the link to learn the truth about how structured settlements work