Overview
CBC Settlement Funding is a structured settlement purchasing company with over 20 years of experience in the industry. While they operate with a somewhat lower public profile than the largest buyers like J.G. Wentworth, CBC has built a solid reputation based on their experience handling a wide range of structured settlement transactions, including those with more complex payment schedules.
CBC purchases structured settlement payment streams, annuity payments, and other periodic payment rights, converting them into lump sum cash. All transactions require court approval under the Structured Settlement Protection Act, a process CBC has navigated many times across multiple states.
CBC holds a BBB rating of A, reflecting a generally satisfactory record in responding to consumer concerns. Their rating is slightly below the A+ held by Peachtree and J.G. Wentworth, which is a factor in their overall editorial score, though it does not necessarily indicate a substantially different experience for sellers.
At a Glance
- BBB Rating: A
- Years in Business: 20+ years
- Discount Rate Range: Typically 10% to 17% (varies by transaction)
- Partial Sales: Available
- Online Quote: Not available — contact required for initial quote
- Our Rating: 4.0 / 5
Discount Rates and Offers
Based on publicly available industry data, CBC's discount rates typically fall in the range of approximately 10% to 17%. This range is broadly comparable to other mid-tier buyers, though it may be slightly higher at the lower end than Peachtree's range. As with all structured settlement buyers, your actual offer depends on the specifics of your payment schedule, the annuity issuer, your state, and current market conditions.
One notable difference compared to some competitors is that CBC does not currently offer an online self-service quote tool. Potential sellers need to initiate contact directly to receive an offer. This adds a step to the comparison shopping process but is not unusual in the industry.
Pros and Cons
Pros
- Over 20 years of experience in structured settlement purchasing
- Experienced team that may be well-suited to handle complex payment schedules
- Partial sales available, preserving some future income
- A BBB rating indicating generally satisfactory business conduct
- Handles all paperwork and court filing requirements
Cons
- No instant online quote tool — you must contact the company directly for an offer
- Discount rate range may run slightly higher than some competitors based on available data
- BBB rating of A (rather than A+) is marginally lower than the top-rated buyers
- Smaller marketing presence means fewer publicly available consumer reviews for reference
The Process: What to Expect
To get started with CBC, you would typically reach out by phone or through their website contact form. A representative would then discuss your payment schedule and provide an offer. If you accept, you would sign a purchase agreement and CBC would file for court approval, a mandatory step in most states under the Structured Settlement Protection Act.
CBC's experience with complex transactions can be a genuine advantage for sellers whose payment schedules include unusual structures, such as deferred lump sums, payments with escalation clauses, or settlements involving multiple annuity issuers. Buyers with less experience may be less equipped to price or process such transactions efficiently.
The absence of an online quote tool means the process moves more slowly in the early stages compared to buyers who provide instant online estimates. However, for sellers who prefer to speak directly with a representative before sharing financial details, this approach may feel more comfortable.
Who CBC Settlement Funding May Be Best For
CBC may be a particularly good fit for sellers who have a more complex structured settlement — one that involves multiple payment types, deferred periods, or other non-standard features. Their experienced team may be better positioned to handle the nuances of such transactions compared to buyers who primarily focus on straightforward monthly payment streams.
For sellers with a standard, simple monthly payment schedule, the main consideration would be comparing CBC's offer against quotes from Peachtree and J.G. Wentworth to determine which provides the best lump sum value.
Bottom Line
CBC Settlement Funding earns a solid editorial rating of 4.0 out of 5. They are a legitimate, experienced buyer with a good track record, particularly for more complex transactions. The primary drawbacks relative to our top-rated buyers are the slightly higher typical discount rate range, the absence of an online quote tool, and a BBB rating that sits one level below A+.
We recommend including CBC as part of any comparison shopping process, particularly if your settlement has a complex structure. Getting a quote from CBC alongside quotes from Peachtree and J.G. Wentworth will give you the broadest picture of available offers.
Disclaimer: This is an editorial assessment based on publicly available information. CashOutEstimator.com is not affiliated with CBC Settlement Funding. Ratings, discount rates, and other details are approximations and may change. This does not constitute financial or legal advice.