by Structured Settlement Watchdog
DRB Capital, the "Lineman of the Bounty", has "unleashed" the concept of selling your structured settlement to pay for school supplies through a barrage of tweets in the last 24 hours.
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Breaking down DRB Capital's money losing value proposition to its essential terms, DRB Capital implies that you should sell your stable tax free future structured settlement payments at a discount to buy lead pencils and other school supplies. Let's take a look at the cost of supplies from a leading discount school supply website.
Cost of School Supplies (Source: DiscountSchoolSupply.com)
- Washable chubby markers (8) $3.37
- Set of 12 No. 2 pencils $2.38
- BIG bag of pom poms $15.67
- Elmer's Glue $1.99
- Chubby Crayons (200) $38.91
- 24 kid size notebooks $19.85
- 1,000 wiggly eyes $16.14
- Colored macaroni 2lbs $14.72
- 12 spiral notebooks $22.44
DRB Capital is ogling your structured settlement payments and it's crystal clear that selling your structured settlement payments to pay for school supplies is a very bad financial move. Don't do it.
I felt inspired by DRB Capital's financial silliness to parody lyrics for your entertainment
DRB Capital | The Lineman of The Bounty (to the tune of " Wichita Lineman")
They're the lineman of the bounty
And they drive the AIA
Searching Palm Beach and Broward County
For another cash now toad