Payment Stream Group

4 Stars

Updated:

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Payment Stream Group is a structured settlement company that offers tailored service to clients who want to convert future structured settlement payments or annuity payments into cash. The company services customers in every state except Maryland and Washington D.C.

Editorial Breakdown

Customer Service

4.8 Stars

Product Offerings

4 Stars

Resources

4 Stars

Fees

4 Stars

Overall Rating

4 Stars

Bottom Line

Work with Payment Stream Group to convert future structured settlement payments and annuities into cash with minimal fees.

Payment Stream Group is a new structured settlement company that will buy your structured settlement payments and pay you cash to fund expenses as needed. The company is small, but its representatives are experienced in guiding consumers through what can be a complicated process.

Pros:

  • Tailored service
  • Expertise in handling various types of annuities 
  • Exhausts all options to get you approved 

Cons:

  • Limited information available on the website
  • Not available in Washington D.C. or MD

Payment Stream Group Structured Settlement Buyer

Payment Stream Group will help you turn future structured settlement payments into a lump sum. You can sell all or part of their structured settlements, but you’ll need to get court approval from a judge before receiving any money. This helps ensure consumers understand the ramifications of the process and are protected. 

How to Sell a Structured Settlement to Payment Stream Group

Follow these steps to determine if you are eligible to sell your structured settlement payments or annuity.

  1. Contact the company online or by phone. While the online form is pretty generic, the representative who contacts you will likely ask you for details like the settlement sale amount, your insurance company, and your state.
  2. Review the terms and conditions. If your settlement can be sold, Payment Strean Group will offer you a cash out option depending on the amount you want to sell. Be sure to review the lump sum amount, discount rate, and any fees involved.
  3. Get court approval: Obtaining court approval for the sale of a structured settlement can be complex and take up to 60 days. Payment Stream Group will guide you through the legal process and answer any questions you may have.
  4. Accept funds. While it is unclear how long it takes Payment Stream Group to process your funds, most structured settlement companies will pay your money within one week. 

Costs of Working With Payment Stream Group

Unfortunately, Payment Stream Group does not publish its fees or costs of working with the company. 

Structured settlement buyout companies use a discount rate to calculate the present value of future payments. The discount rates for structured settlements usually fall between 8% to 18%. A higher discount rate means that the present value or lump sum payout for the same future value will be lower.

Payment Stream Group Complaints

As is typical of smaller companies in the structured settlement industry, we were unable to find customer reviews for Payment Stream Group online. 

However, working with a small team often helps ensure individualized attention and quality service. Although the company is relatively new, the representatives have years of experience and provide the personal service a smaller firm can offer.

Conclusion

If you need to sell a structured settlement or annuity to cover unexpected expenses, Payment Stream Group will work closely with you throughout the buyout, approval, and funding process.

No Customer Reviews Yet For Payment Stream Group

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