Atlanta 1/13/2013 3:02:52 AM
News / Finance

Sell Structured Settlement Payments for a Way Out of Debt

Feeling the budget-crunch? Are finances tight? Millions of Americans are undergoing the pressures of a tight economy and increased personal finances. Often overlooked, an effective way to get out of debt is to sell structured settlement payments.

Of course, this requires one to have a structured settlement in the first place. What exactly is a structured settlement? AnFed Bank defines a structured settlement as a "financial package offered to personal injury claimants that allows compensation to be paid in regular installments rather than in one lump sum.” Some structured settlement annuitants even receive payments over their entire lifetime.

Structured settlement annuitants can actually sell their payments to cover for the money they need now. To get the most cash for structured settlement payments, annuitants sell directly to a certified bank. Be wary of organizations that are not certified banks, as they are typically brokers who act as the middleman between the annuitant and the bank.

AnFed Bank (Annuitants Federal Bank) is the only certified bank in the industry that buys structured settlement payments directly. Call AnFed Bank directly at (855) 263 3348 to determine how to get the most cash for structured settlement payments.