Structured settlements come in the form of payment installations. Sometimes they are the result of a court
victory. They provide its recipients
with regular payments to help with monthly expenses and a rising cost of
living, often times it doesn’t seem to be enough.
When things happen and you find yourself short on cash, selling your structured settlement may be your ticket out. By selling your structured settlement, you’d get a lump sum payment which you can use to pay your debts, take care of the house, or even treat yourself to something nice. The extra money can be a huge help, especially when it seems like you never have enough.
AnFed Bank specializes in structured settlements. A division of BofI Federal bank (NASDAQ:BOFI), it will work with you to make the best deal for your structured settlement. AnFed is able to make better deals because it is a bank. Because it’s a bank, the company is able to eliminate the middle man, resulting in a fairer transaction for the seller.
Of course you can sell your
structured settlement to a company that isn’t a bank, but you won’t be
getting the best price. This is because
these company act as brokers, buying your settlement for cheap and then selling
it to a bank at a higher price. Ultimately
it is your decision who you choose to sell your settlement to, but be sure to
do your homework and choose the best option that works for you.
