RSL Funding

RSL Funding is a structured settlement purchasing company. It pays out lump sums in exchange for structured settlements, annuities and lottery winnings. With RSL Funding, customers are able to receive their payments faster in order to do things like pay off debt, buy a home or start a business.

RSL Funding buys your structured settlement payments for a single lump sum. For example, if you have a structured settlement from a personal injury case and receive regular payments, you can sell these to RSL and simplify your payout into one big chunk of change. RSL also purchases annuities and lottery payouts in exchange for lump sums.

The process for selling a structured settlement to RSL Funding is fairly straightforward. Call the company or go online to request a free quote. If you decide to move forward, you will need copies of the settlement agreement, the annuity contract, the court judgment, any changes or assignments to the original settlement and personal identification documents.

The process includes signing a contract and getting approval from a judge. Once the deal is approved, you receive your cash. Expect a 45- to 90-day timeline in total. RSL Funding guarantees that it will offer the most cash or it will pay you $1,000.

It’s unclear how much RSL Funding charges for its services. It likely charges a percentage of the settlement — possibly between 10% and 15%. When you get a quote, make sure it clearly states how much it charges.

RSL Funding guarantees to offer the most money for a structured settlement; it will pay you $1,000 if it can’t match a competitor’s quote.

RSL Funding has paid out over $200 million in lump sums to thousands of customers, according to its website. Before working with any structured settlement purchasing company, you may want to speak with a financial advisor and an attorney about your options and any tax ramifications. If you decide to sell your structured settlement, make sure you get a quote from RSL Funding.