What Questions Should Someone Ask Their Factoring Company Before Selling Their Annuity?

Juliette Fairley - What questions should someone ask their factoring company before selling their annuity?

Juliette Fairley explains the key questions to ask a factoring company before selling your structured settlement, such as fees, timelines, accessibility, and legal requirements.
Video Transcript

Before you sell your structured annuity, you or structured settlement annuity, you wanna make sure that you talk to the company and get very clear idea of what to expect. Are they gonna be accessible to you? Or how reliable will they be throughout the process? How long does the process take? Are there legal fees involved?

What is the rate in in terms of fees that you have to pay? How much money are they going to receive? How much money are you going to receive? What is the length of the contract?

You wanna find out from the company to get an idea as to, are they gonna hold your hand through the process? Are there legal fees? Do you have to go to court? These are all very, very important things that you wanna find out from your factoring company before you choose a factoring company because they're supposed to be your best friend through the process.