Posts Tagged cash
Keep Your Anonymity When Selling Settlements
Posted by whaleadmin in Business & Marketing on October 28th, 2009
Most factoring companies sell lists of contacts who are selling structured settlement payments as a regular process. This is a cash cow and they do not find anything wrong with the practice. However this means that after giving information to a company an individual can start receiving an enormous number of solicitations for all kinds of items. It is important when dealing with factoring companies that personal information be kept personal.
Online marketplace auctions are becoming increasingly popular for selling settlements. First there is a level of anonymity that the auction provides. Although personal information is taken from the auction, it is not provided to the bidders of the auction and is not sold to list vendors. This assures the bidder that they will not receive any unsolicited advertising or phone calls. Next, the funding firms that are bidding on the settlement work through a process and are registered with the auction so they are legitimate and once a bid is won the money for the settlement is received relatively quickly.
Is Cash For Gold A Good Deal?
Posted by whaleadmin in Finance on May 21st, 2009
With so many people losing their jobs and having trouble paying the bills, many Americans are looking at for an easy way to make some extra cash. According to the TV commercials, you can make a lot of money by selling your old jewelry. There’s no doubt that you can make some easy money this way, but is it a good deal?
Not necessarily, according to Cash For Gold Secrets, a website that tries to educate consumers about the pitfalls of using these gold buying services. Most of these companies only pay out 50% or 60% of the true market value to you. They keep the rest for themselves, which is how they can afford all of those television ads. So while you are getting some money for jewelry that you might not care about anyway, you aren’t maximizing the value of your gold.
The problem for most people is that they don’t have any other way to sell these items. Unless you know a local jeweler that is willing to give you a higher payout or you know someone working at a refinery, you’re stuck dealing with these “cash for gold” companies. As long as you realize that you are leaving money on the table and accept that fact, selling your old gold jewelry is a fine way to make some extra money.