Rescue Capital Stresses the Need for Consumer Education
In these uncertain times, many individuals are selling their structured settlement and annuity payments for cash. With many players in the industry, savvy sellers have been getting multiple quotes in order to maximize the amount of cash they can receive for their future payments. Due to a recent merger, many individuals who thought they were getting multiple competitive offers may be in for a big surprise.
Philadelphia, PA, July 15, 2011 --(PR.com)-- In these uncertain times, many individuals are selling their structured settlement and annuity payments for cash. With many players in the industry, savvy sellers have been getting multiple quotes in order to maximize the amount of cash they can receive for their future payments. Due to a recent merger, many individuals who thought they were getting multiple competitive offers may be in for a big surprise.
When two industry giants announced their recent merger and newly formed holding company, they surprised many industry professionals by stating they would continue to run the two companies as separate entities.
Craig Davidson, Vice President of Rescue Capital, stated, “In an industry that is constantly being called to task for their pricing and practices, it makes the rest of us look bad.” Davidson further elaborated, “When consumers call around they are expecting to get a competitive offer from two separate companies. This could further tarnish the industry’s reputation.”
Rescue Capital, a smaller, agile purchaser of structured settlements and annuity payments based in Philadelphia, believes there is a need to educate the consumer about the advantages and pitfalls of selling future payments.
“When people sell their future payments, many times they are in a difficult place financially. What makes Rescue Capital different is that we try to not only provide competitive pricing; we try to educate consumers about the pros and cons of their financial choices,” said Rescue Capital’s John Zepeda. “If you look at our website, sellers can see a variety of information to help them achieve their financial goals.”
As the industry continues to evolve, there could be more mergers or changes in marketing strategy for the remaining players.
“I welcome the opportunity to show consumers the Rescue Capital difference. Our main priority is to ensure the client comes first. We want our customers to feel at ease and not feel like they are being taken advantage of during their time of need,” stated Davidson.
About Rescue Capital
Rescue Capital is a customer-focused specialty financial services firm that offers cash lump sum payments for structured settlements, annuities, pending settlements and other illiquid assets. For more information, visit their website at www.rescuecapital.com or www.peachworth.com.
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When two industry giants announced their recent merger and newly formed holding company, they surprised many industry professionals by stating they would continue to run the two companies as separate entities.
Craig Davidson, Vice President of Rescue Capital, stated, “In an industry that is constantly being called to task for their pricing and practices, it makes the rest of us look bad.” Davidson further elaborated, “When consumers call around they are expecting to get a competitive offer from two separate companies. This could further tarnish the industry’s reputation.”
Rescue Capital, a smaller, agile purchaser of structured settlements and annuity payments based in Philadelphia, believes there is a need to educate the consumer about the advantages and pitfalls of selling future payments.
“When people sell their future payments, many times they are in a difficult place financially. What makes Rescue Capital different is that we try to not only provide competitive pricing; we try to educate consumers about the pros and cons of their financial choices,” said Rescue Capital’s John Zepeda. “If you look at our website, sellers can see a variety of information to help them achieve their financial goals.”
As the industry continues to evolve, there could be more mergers or changes in marketing strategy for the remaining players.
“I welcome the opportunity to show consumers the Rescue Capital difference. Our main priority is to ensure the client comes first. We want our customers to feel at ease and not feel like they are being taken advantage of during their time of need,” stated Davidson.
About Rescue Capital
Rescue Capital is a customer-focused specialty financial services firm that offers cash lump sum payments for structured settlements, annuities, pending settlements and other illiquid assets. For more information, visit their website at www.rescuecapital.com or www.peachworth.com.
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Contact
Rescue Capital
Dawn Anderson
215.564.0300
www.rescuecapital.com
Dawn Anderson
215.564.0300
www.rescuecapital.com
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