FROM MY DESK:
Call for Protection Against Factoring Predators

Dear Colleague,

We are proud of our work with you to protect injured people and their families with structured settlements. But factoring companies are the dark side of injury settlements, preying on vulnerable people during the most challenging times of their lives to buy their annuities for pennies on the dollar. You've seen them on late-night television with actors hollering, "Get your money now!" We join a growing number of states and consumer advocates calling for more protections against these unscrupulous businesses. A closer look in our recent Ringler blog on factoring: