New York (PRWEB) April 10, 2009
Woodbridge Investments today announced a 45% reduction in purchasing structured settlement payments from the first quarter of 2008.
Company spokesman Scott Schwartz said, "Although the demand is there from customers seeking to sell their structured settlement payments, the present financial condition of the insurance companies and downgrading of their bond and credit ratings has caused rates to rise making the purchase of structured settlement payments more difficult in today's interest rate environment."
Schwartz further added, "Every day more and more articles appear to make our customers want to sell structured settlements and Woodbridge is continuing to purchase structured settlements in spite of the contraction in the economy.
A recent customer testimonial stated, "A friend of mine told me that her guaranteed period had expired and she would only be able to receive payments while she was alive. Despite being previously turned down by other companies, Woodbridge was able to buy ten full years of payments, even though they were outside of the guaranteed period. She gave me a toll free number to call, and told me to at least check it out. I am so glad I did..."-Virginia M. MO
Woodbridge and its predecessor companies have been helping customers sell lottery payments, annuities and structured settlements since 1993. Woodbridge has helped thousands of people gain access to their future payments. Woodbridge has a comprehensive Free Advice Center for helping people research their choices at its website http://www.woodbridgeinvestments.com