Many structured settlement annuitants believe that by reaching an agreement to forgo a trial and avoid legal costs in return for periodic payments they will have the opportunity to satisfy their immediate financial obligations or even achieve bigger goals that they believed possible through this arrangement. Unfortunately what most annuitants find is that these periodic payments simply aren’t enough to make such an impact.
Because of this many annuitants opt to sell structured settlements and take a lump sum, giving them more money at once which will then improve their chances of taking care of those obligations and reaching those goals. While this may sound like the way to go for an annuitant there are factors that should be taken into account before they sell structured settlement payments.
The most important factor is who they sell structured settlement payments to as there are a number of companies that buy structured settlements. Annuitants should be aware that while there are several companies willing to buy structured settlements the amount of money they offer can vary. It is critical that an annuitant find the company that will pay the most for their structured settlements, a company like AnFed bank.
AnFed Bank is the only bank specifically designed to serve the unique needs of structured settlement annuitants and lottery winners. Unlike other companies who act as brokers, positioning themselves between an annuitant and a financial institution with the goal of buying a structured settlement low and then selling it at a profit, AnFed bank is the financial institution that is buying structured settlements. By eliminating the middleman AnFed bank is positioned to offer an annuitant more for their structured settlement payments.
