Annuity Sold Misled Maryland Consumers About Settlements (Maryland AG)

Annuity Sold, its owners and affiliates Uber Funding, Bendermere Capital Solutions, Axis Funding, Stonebridge Capital, Greenspring Funding, Preak Street, LLC, ILILIL2010, Palantir Packaging and JRR Funding are BANNED from doing business in Maryland for 7 years and have to pay a minimum of $625,000 and as much as $900,000 in restitution fines and costs thanks to a the efforts of the Maryland attorney general's investigation. This is what the Maryland Attorney General said about Annuity Sold. "The sales tactics included a letter supposedly sent “on behalf of Honorable Judge Larry C. David,” a non-existent person, according to the attorney general’s office, and another offering free Ravens tickets". Maryland Attorney General Brian Frosh Press Release http://www.marylandattorneygeneral.gov/press/2018/010818.pdf Baltimore Sun article http://www.baltimoresun.com/news/maryland/bs-md-structured-settlements-2018****-story.html
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ID
#1166572 Review #1166572 is a subjective opinion of poster.
Pros
  • Happy that the maryland ag pounced on them
Cons
  • Way they solicit people
  • Allegations against them make them seem untrustworthy
Reason of review
That someone slapped these boys silly

Annuity Sold Has Worst Rating of all Structured Settlement Buyers

Annuity Sold, a structured settlement buyer based in Owings Mills Maryland has the worst ratings given by the Better Business Bureau. Annuity Sold is far worse than its competitors. Annuity Sold has a poor D+ rating. Most of its competitor structured settlement buyers have at least an A-. Seneca one A+ Stone Street Capital A+ Genex Capital A+ True Value Funding A Jg wentworth A+ DRB Capital A- Liberty Settlement Funding A+ High point Funding A- Catalina A+ CBC A+ What's with Annuity Sold that they get such lousy ratings? There must be something to it. There has to be a reason why they keep slamming the Better Business Bureau. In a field of rats there seems that there are plenty of more trustworthy companies out there.
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2 comments
#1440823

Annuity Sold has been downgraded to F by the Better Business Bureau after Annuity Sold was banned from doing business in Maryland for 7 years in January, following a Maryland Attorney General investigation into their business conduct. They had actually upped their BBB to a mediocre C, but now, thanks to problems of their own doing, they slither at the bottom of the barrel. Annuity Sold is a perfect example to others about how to do things wrong and a warning to consumers everywhere.

#1396652

Annuity Sold continues to have the worst BBB rating of companies that buy structured settlements. Worse than JG Wentworth that just filed Chapter 11.

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ID
#991605 Review #991605 is a subjective opinion of poster.
Cons
  • Lied about licensing from what i read
  • Failed to answer customer complaint bbb
Reason of review
Horrible ratings
Preferred solution
Stop lying in ads and answering customer questions w BBB

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