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Here’s some more some misleading ooze…
"Whether you are looking for a structured settlement broker, a direct funder, or just have some specific questions, we are here to help provide the answers. We are among the leading structured settlement broker companies. Looking for the best quote is just the beginning; let us earn your business. Working with the right people is key and our trained experts are dedicated to helping you. That’s why year after year; our clients tell us they’re glad they picked us over all of the other structured settlement broker companies. " Fairfund Financial Group website
Fairfund Financial Group is NOT a structured settlement broker. Not even close.
SS4R Fact A structured settlement broker is an individual possessing specific expertise, and one or more state insurance licenses, who places structured settlement annuities which are used as a "qualified funding asset" when a structured settlement is part of the resolution of a claim or litigation. Most active structured settlement brokers are members of the National Structured Settlement Trade Association (NSSTA).
Fairfund Financial Group is NOT one of the leading "structured settlement broker companies". It is not even a structured settlement broker!
SS4R Fact A structured settlement company is one that engages in the marketing and placement of structured settlement annuities, which are regulated insurance products. Included in the definition of a structured settlement company are companies that have employees or, who have independent licensed life insurance agents and brokers, whose primary business is to place (create or originate) structured settlements. There even once was a structured settlement annuity placing brokerage firm called "The Structured Settlement Company". The term "structured settlement company" is sometimes used to refer to certain life insurance companies who manufacture or issue structured settlement annuities. Some settlement transfer companies, settlement purchasers or "cash now" companies have tried to favorably position themselves by incorrectly using this term. However make no mistake, none of them can truly make the claim that they are a "structured settlement company."
SS4R Fact Fairfund Financial Group has no insurance license in the State of Alabama or Verify here or Connecticut where I am domiciled.
SS4R Fact Without an insurance license Fairfund Financial Group can deliver to you a goose egg (not a golden one either!). It cannot legally deliver to you a structured settlement quote. A structured settlement annuity is a regulated insurance product which requires a license to sell.
Consumers, if you’re curious about Fairfund Financial ask them about "factoring" or "settlement transfers", because behind "the smoke and mirrors" that’s what they do. If you want to sell your rights to periodic payments then why not call a company that is more direct about the work that it does. The smoke and mirrors that this company is creating is just hurting other injured parties, victims and survivors like you who are seeking to research options for the creation of structured settlements.
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