In recent years there has been a high demand from people looking for cash for structured settlement and annuity payments. People who receive these types of payments now receive constant direct mail and television commercials. There has also been a significant increase in people searching the web for companies to sell their payments to. The demand is most likely due to the current economic climate. So the question I see most of the time online is “how do I sell my annuity payments and structured settlements”? This article will help you gather information on how to sell your payments and what’s involved in the process.

A company that buys Structured Settlements and Annuity Payments is called a factoring company. They will buy your payments for a discount. This means that if you sell them a total amount of $100,000 in payments, they won’t give you $100,000. The average lump sum payment will typically be 50% of the total amount of the payments you are selling. This number depends on the amounts of the monthly or yearly payments you receive and when those payments are due and for how long you receive them. If your payments are due soon, this means that your payments have a higher present value and therefore you will receive more cash for them. If your payments are due to you in 10, 20, or even 30 years, you’ll notice that your payments will have a lower present value and the offer you’ll receive will be less than if the payments were made in 3, 5, or 9 years. This doesn’t mean you’re getting a bad deal, it just means your payments are worth less today.

The first thing to do if you are interested in selling your annuity and structured settlement payments is to contact a reputable company that offers this service to people who receive these types of payments. You should have no problem getting a quote from a company. A good company will provide you with several options, since you are not required to sell your entire payment stream. They will help you raise the cash you need and still leave you with some of your pay stream for your future. Always make sure you get at least two or three offers to ensure that you are getting the best deal possible. Never accept a verbal offer from a company. There are some companies that will make you an offer and then change your offer at the signing table. You should always review your paperwork carefully before signing.

A client approached us a couple of months ago, she was scheduled to receive a lump sum payment of $150,000.00 in a couple of years as a result of a car accident that left her partially disabled. She needed the money since the bank was going to foreclose on her house. She had contacted a firm that offered her $100,000.00 for her lump sum of $150,000.00, but they changed her offer at the signing table and also included almost $3,000.00 in legal and accounting fees. prosecution. Luckily she didn’t sign the paperwork and called us instead. We were able to offer her $130,000.00 for her payments without charging any legal or processing fees. With the money she received from her, she quickly paid off her existing mortgage and now she lives debt free. These are stories we hear over and over again from our customers and how we were able to help them.

You can call Clearview Funding at 877-701-8787 or visit http://www.clearviewfundinginc.com for a hassle-free quote and the highest cash payment for your structured settlement and annuity payments.