Atlanta 2/17/2013 11:00:00 PM
AnFed Bank Buys Structured Settlements for More Cash than Brokers
Until 2008, the structured settlement finance industry lacked a bank certified in purchasing structured settlements directly, leaving structured settlement recipients with the question, “Which company should I sell my structured settlement payments to?” High fees and closing costs were a part of the sales process, thanks to the brokering companies that previously handled the sales of structured settlements from recipients to banks. Luckily, AnFed Bank entered the structured settlement purchasing industry to offer structured settlement recipients a better alternative to brokers and access to specific banking services they require.
Companies that buy structured settlements advertise everywhere these days, but few, if any advertise the high closing costs and hidden fees that are taken out of the final payout for structured settlement payment purchases. They merely act as a middleman between structured settlement recipients and the banks that actually buy the settlement payments. AnFed saw the need for reform and began purchasing directly, forming a team from the most experienced and knowledgeable professionals in the industry.
The three most senior members in AnFed’s management team alone have over thirty years of combined experience with helping structured settlement recipients and lottery winners achieve their financial goals. This commitment to the structured settlement industry sets AnFed apart both from other banks and from the specialized structured settlement payment purchasing companies. AnFed not only is available to buy structured settlement payments for more cash than the competition, but also to offer banking services specially designed for recipients of structured settlements.
Call AnFed today at 1 (855) AnFed 4U and get the specialized service you deserve.
