When an annuitant decides to sell structured settlement payments
and take a lump sum rather than receive periodic payments the process involved can be frustrating to say the least. What an annuitant will find is that while there are several companies that buy structured settlements the amount of money that they are willing to pay varies.
The reason for this is simple; the majority of companies that say they want to buy structured settlements are nothing more than brokers. They want to buy structured settlements from an annuitant at a low price and then sell those structured settlement payments to a financial institution at a higher price to increase their profit. What structured settlement annuitants should know is that there is no need to go through such a company when they opt to sell structured settlement payments.
AnFed Bank, the only bank specifically designed to serve the unique needs of structured settlement annuitants and lottery winners, differentiates itself from these other companies in that they are the financial institution. What this means is that an annuitant can avoid the middleman altogether and thus receive a more generous lump sum payment for their structured settlement.
Obviously receiving the most money for a structured settlement is the goal for any annuitant and AnFed Bank will provide a generous lump sum for as much of your future structured settlement payment stream as you want to sell.
If you have a structured settlement and you are looking to sell all or part of your future payments request a free consultation with AnFed Bank and find out how you can get what your payments are really worth.