Frequently Asked Questions
NuPoint Funding wants to ensure a quality baseline education for all potential sellers of lottery and structured settlement payments. Becoming an educated consumer allows you to make the best decision on how to utilize your payments as a funding tool. Decades of experience have taught us some of the most common questions seller ask. Please see below for some of these
If there’s a specific question you’d like answered, contact us and we’ll be happy to provide education and guidance.
Structured settlements and lotteries are governed by specific state statutes. That’s why your local bank will not provide a loan against it. NuPoint understands the roadmap your state provides for you to get some money now.
NuPoint is unique in that we offer customers more options, faster results, and greater flexibility. NuPoint will help you become an educator consumer so you can make the best decisions on how to utilize your payments as a tool. We focus on solid transactions, transparency and our relationships with customers.
Yes! NuPoint is accredited and rates an A+ from the Better Business Bureau. We offer the only Funding Guarantee in the industry!!
When you choose annual payments from the lottery or are awarded a structured settlement, you get a set amount of money at predetermined intervals over an agreed to number of years. However, many people in your position find that after taxes, inflation, and normal life events, these payments are not enough to cover expenses and that turning these payments into a lump sum of cash would be more beneficial.
NuPoint can purchase part or all of your annual lottery payments or structured settlement and give you the cash that you need now.
In most cases, we will complete your transaction in roughly 60 days. Every transaction is different. By promptly sending and returning the documents we require, you could complete your transaction much sooner.
Absolutely! In most cases, we are happy to provide some immediate cash advance after we begin the process.
There are no out-of-pocket fees charged to you to get started. There are also no fees charged at closing to complete your transaction. NuPoint pays all the fees charged for the complete court process.
Whether it’s a lottery or a structured settlement, most states have laws that allow you to sell your asset pursuant to a court proceeding. NuPoint takes the lead in this process and pays the fees associated with it.
We can get you what you want. We will work with you to create a custom funding plan that balances the value of upfront money and payments over time.
Simply give us a call at 877-635-3150. We’re happy to answer any questions or discuss any ideas you have.
