A structured settlement annuitant interested in selling their periodic payments will find that there are a number of companies willing to purchase their settlement. That being said, the majority of these companies are simply acting as brokers, trying to buy structured settlements at a low price and then sell them to a financial institution for a profit.
What that means to an annuitant is that they aren’t getting the true value of their structured settlement; they are essentially leaving money on the table. To avoid this, an annuitant must find the right buyer, a buyer like AnFed Bank. As the only bank designed to serve the unique needs of structured settlement annuitants AnFed Bank promises to offer a generous lump sum payment that reflects the worth of an annuitant’s settlement.
AnFed Bank is able to make this promise for one simple reason, as a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank, AnFed Bank is a financial institution. This is significant because it means they eliminate the need for an annuitant to utilize the services of a broker when selling structured settlements.
By eliminating brokers and choosing AnFed Bank an annuitant will receive a larger lump sum payment, money that can be used to eliminate debt, buy a home, purchase a vehicle, invest in business ventures, pay off educational costs, or whatever financial goal an annuitant may have.
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.