Structured Settlement Annuity Buyer Can Help
If you’ve been receiving structured settlement payments, you may have heard the term “structured settlement annuity payment buyer” before. Whether you just started receiving payments or you’ve been receiving them for years, you may want to learn more about your other options, including how a structured settlement annuity buyer can help and the benefits of selling structured settlement payments for a lump sum of cash.
Are looking to sell your future structured settlement or annuity payments for a lump sum of cash? If so, DRB Capital can help! Contact us today at 877-894-4541 for your free, no-obligation quote.
Offering Various Options
If you’re unsure about selling all of your future structured settlement payments for a lump sum, a structured settlement annuity payment buyer can also offer a solution that is suited for you. While some people do benefit most from selling all of their structured settlement payments in order to reach their goals, for others, selling just a portion of them is ideal. That is one of the best things about working with a structured settlement annuity buyer: there is a great deal of flexibility involved, and we can work with you or your independent advisor on exploring various options so you can find the solution that works.
Purchases
Oftentimes, people sell some (or all) of their structured settlement payments because they need upfront cash to make a large purchase. These types of purchases vary, but common scenarios include buying a home and purchasing a car. Even if you’re taking out a mortgage for a home purchase, most loans require borrowers to make a down payment toward the purchase of the home. Saving up the money for a large purchase can be time-consuming and very difficult, also by the time you reach your goal, you may have missed your window of opportunity. Even if you aren’t planning on making an immediate purchase of this nature, but you anticipate that you may want to in the near future, be prepared by reaching out to a structured settlement annuity payment buyer and getting the process started. This way, when you are ready to make a purchase, you’ll have the money you need ready to go.
Debts and Obligations
Selling structured settlement payments for a lump sum of cash can also make it possible to take care of other obligations and immediate expenses, such as paying for college or funding the startup of a new business. By receiving your money in a lump sum payment, it can be easier to reach your goals. This money can also help you pay for these things upfront rather than financing them: for example, a lump sum of cash can make it possible to avoid costly student loans or business loans and can help keep you from getting into debt to begin with.
Financial Hardships
Life can be unpredictable, which is why the sudden need for a lump sum payment may arise. When someone is laid off, for example, simply catching up for everyday expenses and mounting bills can be overwhelming. With the COVID-19 pandemic, for instance, mass layoffs resulted in financial challenges for a significant number of people around the world. Many people are struggling to make housing payments, and even have difficulties paying for everyday necessities, such as food. For those facing financial hardships, selling a portion of structured settlement payments for a lump sum of cash can help to alleviate the financial stress they’re facing and can make a significant difference overall.