Updated on 02/14/2021

RSL Funding

This company is not yet accredited. See reviews below to learn more or submit your own review.

RSL Funding is a structured settlement purchasing company that pays customers lump sums in return for structured settlements, annuities and lottery winnings. The company, based in Houston, guarantees to beat all offers from competitors or give you $1,000. It provides free quotes online and by phone.

BOTTOM LINE

RSL Funding offers free quotes and a guarantee to beat any offer for a structured settlement. While the process can be confusing, its customer service and reputation make it a trustworthy choice for many.

PROS

Highest-payout guarantee
Up to $5,000 advance
Free quotes

CONS

Confusing website
Unclear fees

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What is 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.

How does RSL Funding work?

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.

RSL Funding costs

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 FAQ

Will selling my structured settlement to RSL Funding affect my credit?: Selling your structured settlement could have a positive effect on your credit score if you use the cash to pay down debt and reduce the amount you owe to creditors.
Will a judge need to approve my lump sum payment with RSL Funding?: Yes, all structured settlement sales require a judge’s approval.
Where is RSL Funding available?: RSL Funding states on its website that it works with customers across the U.S.
Is selling my structured settlement to RSL Funding considered a loan?: No, it is not a loan. You exchange your structured settlement for a lump sum of cash from RSL Funding.

Is RSL Funding legit?

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.