As most structured settlement annuitants know, the periodic payments received from their agreement often fall short of delivering the kind of financial relief they desire. While they may have envisioned their structured settlement as a means to eliminate debt, purchase a vehicle, invest in business ventures, buy a home, or simply have cash for unexpected needs what they realized is their periodic payments simply can’t satisfy those goals.
For this reason many annuitants opt to sell their structured settlements and receive a lump sum payment, providing them with the resources to meet those objectives. The decision to sell structured settlement payments and receive a lump sum can truly change the financial fortunes of an annuitant but it must not be done without finding the right buyer.
AnFed Bank, a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank, is the only bank designed to serve the unique needs of structured settlement annuitants. Because AnFed Bank is designed to meet those needs they can offer structured settlement annuitants the most generous lump sum for their payments.
Of course there are a number of companies that offer to buy structured settlements but the majority of these companies are nothing more than brokers, looking to purchase these settlements at a low cost and then sell them to a financial institution for a profit. AnFed Bank is a financial institution, meaning an annuitant can eliminate the unnecessary middleman and actually receive what their structured settlement is really worth.
If you have a structured settlement and you are looking to sell all or part of your future payments request a free consultation with AnFed Bank and find out how you can get what your payments are really worth.