Nobody likes to lose money and if you have a structured settlement agreement and are thinking about selling those future payments to receive a lump sum payment there are some things you need to know before taking the final step. Not all companies that buy structured settlements pay the same amount and choosing the wrong company can cost an annuitant a significant amount of money.
As the only bank designed to serve the unique needs of structured settlement annuitants AnFed Bank promises to pay what an annuitant’s periodic payments are truly worth. AnFed Bank can make this promise because unlike other companies who act as a broker between the annuitant and a financial institution they are the financial institution.
By eliminating the need to go through a broker when selling structured settlement payments AnFed Bank, a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank, can offer an annuitant a more generous lump sum payment. The difference can be substantial, meaning an annuitant can have more money to invest in business ventures, buy a home, purchase a vehicle, pay educational expenses, etc.
Selling structured settlement payments to a company that acts as nothing more than a middleman is essentially throwing away your money. 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.
