by Structured Settlement Watchdog
Has Highpoint Funding’s “Open Your Vault” campaign officially hit the peak of “stupid is as stupid does,” or are they still climbing that mountain? Consider the circular logic:
Definition of Vault in the Financial Context
A room or compartment, often built of steel, for the safekeeping of valuables: a bank vault.
Unlocking your vault in No Time for a lump sum of cash today is the Highpoint Funding pitch and a purported value proposition
- “Fast and accurate quotes for your payments that you can take to the bank.
Let’s get this straight: open your vault (yes, the kind you’d expect in a bank), get swindled for pennies on the dollar, and then march the pitiful proceeds right back to the bank—where you were already standing when you “opened” said vault? This is the moment we all turn toward Jerusalem and, in perfect harmony, exclaim, “Oy gevalt!”
Furthermore, isn’t a judge supposed to approve structured settlement factoring transactions?
Who is Open Your Vault.com?
Open Your Vault.com is a website associated with Highpoint Funding from Boca Raton, FL. HPF Capital LLC is the registrant of the website according to Whois records on date of publication. The BBB record shows the connection between High Point Funding and HPF Capital LLC.
Open Your Vault.com advertising was among those highlighted in Mike Papantonio’s Ring of Fire debate/discussion which captioned advertising by Highpoint’s Open Your Vault and others as “Structured Settlement Scammers” in 2015.