Cash for a structured settlement

Credit card debt is no laughing matter for way too many Americans today, and if you’re like most people, you’d love nothing more than to pay off all those debts and put them in the past. It’s hard to figure out how to get this money in the first place, but if you happen to own an annuity settlement, then the money is actually already right under your nose!

Selling your annuity is a great way to get a lump sum of cash (which you already technically own, by the way) and finally get control over your money so that you can use it in a better way — on something like paying off your debts, for example!

Selling structured settlement annuity payments does not involve breaking your annuity contract and it’s 100% legal. In fact, the process even requires legal documents and a court visit to ensure that all parties involved are on the same page. You won’t receive the entire amount of money that’s sitting in your annuity account, but you’ll definitely receive more money than you would if you broke the contract. Furthermore, you won’t have to watch that money slowly dwindle because of regular maintenance fees. Once you sell your annuity and have control over the money, you’ll be able to pay off all that debt you’ve been smothered by for years.

If you’re still not sure whether selling your annuity is the right choice, consider these facts:

  • The average American household pays about $950 in interest every year.
  • The average American adults owes $3,761 in credit to a variety of lenders at any given time.
  • All in all, Americans owe a collective $11.91 trillion in debt payments.

You definitely aren’t the only one with credit card debt — but that doesn’t mean you have to live with it forever.