If you’ve decided to sell your structured settlement payments, you want to get the most money possible for them. Different companies will offer different prices for your asset, so shopping around for the best deal before you make a decision is the right thing to do.
At CrowFly, we actively work to get sellers the most money. Here’s how.
CrowFly’s digital platform connects individual sellers directly with pre-vetted buyers, which minimizes the cost of the sale. Without a “middleman” that takes more money from your asset – which is what other companies have – sellers who use our platform receive the maximum value for their future structured settlement payments. The person who buys your asset benefits, too, as they will pay less for a great asset for their investment portfolio. It’s a win-win.
So, yes, we at CrowFly make less on transferring your structured settlement payments than our competitors do. But we believe that people deserve to get the most money for their asset, so that’s more important to us.
Two other factors impact the amount of money every seller receives for their future payments: the payments’ present value and their discount rate. The present value of your payments does not equal their face value. In fact, present value is lower because inflation will affect the value of your payments as you receive them over time.
The discount rate represents the percentage at which your future payments will be discounted on a yearly basis, and it’s how we figure out their present value. Think about it like the interest rate charged for a loan: the lower the rate, the more money you get to keep. The higher the rate, the more money you lose. It’s a similar situation.
The range of discount rates you are likely to see in the industry is between six and 12 percent. However, the average discount rate on transfers through CrowFly's platform is 6.05%. This means we alone in the industry will get you the most money for your future payments.
One more thing to note: if you’re already thinking of using another company for your structured settlement sale, call CrowFly first anyway. We have given quotes to individuals that have helped them get more money from another company. Find out with us what your payments really can be worth – and then use that knowledge to leverage what you can get from the factoring company you’re working with.
Curious how much money you’ll get for your future structured settlement payments? Use our free calculator to receive an estimate right now. If you like what you see with the estimate, you can take it a step further and get a free quote from us, too. A quote differs from an estimate because oftentimes, when our transaction navigators have the information they need to calculate your future payments with CrowFly’s rate, it ends up being even lower than what you see on the calculator. You can also call 833-CROWFLY or email email@example.com to talk with a member of our team about our discount rate and what you can expect in the selling process. There is zero pressure to sell your asset, or to even choose us if you do sell. Or, get started here.