3 Items to Consider When Selling Structured Settlement Payments

What Should You Do Before You Sell Your Structured Settlement?

When you receive structured settlement payments, you may be able to sell them for a lump sum of cash by selling structured settlement payments. This can be a great way to get the money you need faster, but there are a few things you should keep in mind before selling your payments. Here are three tips to consider before selling structured settlement payments.

Are you considering selling your structured settlement payments? If so, contact DRB Capital at 877-894-4541 to learn more on how we turn your future payments into a lump sum of cash!

Get Everything in Writing

Once you’ve found a company to purchase your structured settlement payments, it’s important to get everything in writing. Make sure you understand the terms of the agreement, and that you’re comfortable with the price you’re being offered. Getting everything in writing will help to protect your interests and ensure that there are no surprises down the road. We always work hard to make our customers feel at ease from the beginning, which includes making everything about the process completely transparent. We are also always happy to answer any questions you may have or clarify any terms of the contract before you commit to anything.

Consider Your Financial Needs

Before selling structured settlement payments, be sure to consider your current and future financial needs. Selling all of your payments may not be the best option if you depend on that steady stream of income. In this situation, selling just a portion of your structured settlement payments may be the best option. For some people, however, selling all of their future structured settlement payments is the best way to reach their financial goal.

One of the most common reasons people sell their structured settlement payments is to cover unexpected expenses. Medical bills are one of the most frequent causes of financial hardship, and selling your structured settlement can give you the money you need to pay off these debts and get back on track.

Major life purchases are another popular reason for selling structured settlement payments. If you’re planning on buying a home or making another large purchase, having a lump sum of cash can make the process much easier. Selling structured settlement payments can give you the funds you need to make your dream purchase a reality.

Additionally, some people sell their structured settlement payments simply for the flexibility that comes with having extra cash on hand. Having extra money in the bank can help you cover unexpected expenses, take advantage of opportunities as they arise, or simply give you peace of mind knowing that you have a financial cushion to fall back on. No matter your reason for selling, getting cash for your structured settlement can be a great way to achieve your financial goals.

Know the Value of Your Payments

Prior to selling structured settlement payments, it’s beneficial to you to know what your payments are worth once you know what your goals are. This will help you determine how much money you could potentially get from a sale, and could also help you strategize on how many payments to sell in order to accomplish your financial goal.

There are a few different ways to calculate the value of your structured settlement payments; the most common way is to use a present value calculator. This will take into account the time value of money, as well as any interest that may be accrued on the payments.

Another way to calculate the value of your structured settlement payments is to use an annuity calculator. This will take into account the payments that you will receive over time, and will provide you with a lump sum payment that is based on these payments.

You can also use a personal injury settlement calculator to calculate the value of your structured settlement payments. This type of calculator takes into account the medical bills and other expenses that you have incurred as a result of your injury, and will provide you with a lump sum payment that is based on these expenses.

No matter which method you choose to calculate the value of your structured settlement payments, it is important to remember that the value of your payments may change over time. If you are unsure about the current value of your payments, you should contact your structured settlement company to get an updated quote.

Contact us Today to Learn More About Selling Structured Settlement Payments

Selling your structured settlement payments can be a great option for many people. Just be sure to keep these three tips in mind before making a decision. Whether you’re looking to sell all of your structured settlement payments or just a portion of them, we can help. Selling future structured settlement payments for a lump sum of cash is an excellent way to get the money you need faster. If you’re considering selling your future payments, we are standing by. Our team of experts will work with you to ensure that you get the best possible deal on your lump sum payment. Get started today and contact DRB Capital at 877-894-4541 for a free quote.