An annuitant can experience a lot of confusion when they explore the possibility of selling their structured settlement. While they may recognize that the periodic payments that come with a structured settlement aren’t sufficient to meet their financial goals they may also find that the companies offering to buy structured settlements don’t always offer the kind of money that reflects the real value of their settlement.
This can leave many structured settlement annuitants in a state of frustration, unsure if they should simply hold on to their periodic payments or sell to a company and accept a lump sum that is less than they want. Fortunately structured settlement annuitants don’t have to choose between the two as AnFed Bank provides these annuitants with the opportunity to sell their periodic payments and actually receive a lump sum that reflects their worth.
As a division of BofI Federal Bank, a federally chartered, publically traded and FDIC insured bank, AnFed Bank is the only bank designed to serve the unique needs of structured settlement annuitants. AnFed Bank’s understanding of what an annuitant wants, the most money for their periodic payments, is reflected in the lump sum offering.
What differentiates AnFed bank from most other companies that buy structured settlements is the fact that they are a financial institution. This is a significant difference given the fact that these other companies are nothing more than brokers, trying to purchase structured settlements at a low price and then sell them to a financial institution, like AnFed Bank, for a profit.
By eliminating the brokers from the equation an annuitant that wants to sell their structured settlement can receive more money, money that can be used to meet those financial goals that their periodic payments can’t satisfy.
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.