Structured settlements are awarded to those who have been wronged. It helps give you financial security over long time periods. Judges favor structured settlements because it ensures you do not spend it too quickly and find yourself in a hard financial position. However, times may arise when you need cash quickly. Do you have medical bills? Do you want to buy a house? You can get cash for structured settlements to help you immediately, rather than waiting for payments to slowly enter your bank account.
A Simple Process
Companies such as We Pay More Funding will pay you cash for structured settlements. This way, you can receive a large sum of money. Do you need $20,000 to put down on a house? Do you have outstanding bills from being out of work during the court process? When you decide to sell your structured settlement payments, you will find it is a simple process. Unlike applying for a loan, the company knows you have the payments coming in and can return the money.
Associated Fees
When you sell your structured settlement for cash, the company will require interest to be paid in return. In any situation where you are borrowing money, there will always be a fee. This ensures the company can continue to do business and pay its employees. In general, you will not have to pay any fees upfront. Instead, they will collect the payment from your structured settlement. For example, if their fee is 5% of the total money borrowed, they will tack it on to your payments. If you request $10,000, they will recoup $10,500 from your structured settlement payments.
