This Christmas is going to be different. Instead of going into the new year with a pile of new credit card bills, you are starting the year of with a clean start. Instead of opening the Christmas cards from your parents and hoping for a check big enough to make a dent in the presents that you bought others, you are actually going to use that gift money to buy something for yourself. With not a single regret, you are so thankful that you finally decided to take cash for your annuity settlement.
Structured settlements that are awarded as the result of a lawsuit or lottery winnings may seem like a good idea at first. For a family or individual with credit card debt, however, the slow payments of an annuity do not often make sense.
Finding a company to purchase structured settlements and insurance annuities so that you can get access to cash up front, instead of waiting for payments to come in slowly over time, will likely be the best financial decision you ever make. In fact, making the decision to reduce debt will never be a mistake.
At the end of the year 2013, there were also 34.8 million individual deferred annuity contracts in place. The total amount for these structured payments exceeded $2.58 trillion. At the same time, the average household in America owes $11,244 in student loans, $8,163 on their autos, and $70,322 on their mortgage. How does this possibly make sense? Instead of getting the money that is yours in small, monthly payments, doesn’t it make sense to cash for your structured settlement or annuity?
A direct funder with a unique relationships with national banks can give its customers access to the most of their money at the best possible rates. This process makes it easier for people who want to make positive changes in their lives, get cash now.
Besides starting the new year debt free and without Christmas credit card bills, what would getting cash for your annuity do for you? Would you be able to make a down payment on your first home and quit throwing your money away on rent? could you start taking those college classes that you have always dreamed about to help you get a better paying job? Would you finally be able to take your family on the dream vacation you have always talked about?
Unfortunately, the average U.S household pays $950 in interest each year. That is nearly a thousand dollars a month that you could be investing in yourself and your new debt free lifestyle.