by Structured Settlement Watchdog
Self serving structured settlement cash now factoring company vultures behind a website called structured settlement.us(dot)com are suggesting that annuitants sell their stable structured settlement to pay for a "dream wedding".
"Queens residents know weddings are expensive events. Although they are expensive, they’re also one of the happiest events in our lives and are once-in-a-lifetime experiences that few people will ever forget. That’s why people do everything they can to make sure their wedding is perfect. Sometimes they will take out loans to cover the costs, or ask relatives for help. However, these solutions all create debt and stress that can take away from the events of the day. That’s why some people are happy to sell all or part of their structured settlement to cover the costs of their wedding. They can have the wedding of their dreams without taking on additional debt using the lump sum of cash from the sale of the structured settlement".
The company behind this harebrained advice to sell your structured settlement (at a significant discount) to pay for a wedding is seeking to make a significant profit at the expense of your future income. You would have to have a big structured settlement, or have to sell a large slice of a more modest one in order to raise money to have a wedding in Queens, New York. Would you quit your stable job to pay (or pay off) for your wedding? It makes no sense.
Structured settlement factoring companies will come up with all sorts of bogus ways to attempt to induce you to sell your structured settlement payments. Many of the people who contact you do not possess the financial training, financial credentials or licenses or experience to provide comprehensive advice. Never take advice from anyone without credentials.
The writing style of structured settlement.us(dot)com is distinctly an emulation of Einstein Structured Settlements, a brand of an Owings Mills, MD company, that I have documented over and over again has engaged in false advertising