Single Premium Immediate Annuity Sale
One of the most common types of annuities or structured settlement payment rights that we purchase is called a SPIA. This “SPIA” stands for – Single Premium Immediate Annuity. Some of the payments if they are guaranteed for life can be called a SPILA or a Single Premium Immediate Lifetime Annuity contract. These contracts are with an insurance company that has a promise to pay you a specified amount of funds or money periodically. The perodicity of the pay outs will vary depending on how your personal injury settlement was structured.
Some are monthly payments of $2,420 (can be a larger or smaller number) and typically the payment number monthly is constant but some have a COLA which means a cost of living increase that goes up by a pre-determined percentage amount each year or tied with inflation numbers. There is also a fixed annuity at the end that is a long term lump sum that you may have that cashes in come 2048 or thirty years away from today. In those instances we find that our clients do not want to wait until the funds come due but can better use the money today.
Each and every SPIA transfer case is different. We can help you no matter where in the USA you are located as long as you have the proper benefits letter and information for your transfer we will be glad to get you an immediate quote and a cash advance to help you pay your bills.
I Have a Structured Settlement and I Need Cash Now?
Do you have a structured settlement AND need cash now? Does this sound like one of the commercials that you have heard or seen on television? Well with over 14 years in the business and being one of the largest players in the secondary market we are proud to help you maximize your public transfer of payments.
On average those who work with Cash In Your Annuity receive up to 15% more money for their transfers. We have successfully completed deals in each and every state in the USA and are here to help you complete your next transfer for a lump sum of cash.
If you have a payment that is due to you or that you are currently receiving we will work with you to retrieve the benefits letter and go over how much money it is that the insurance company owes you and how much we will be able to get you in little to no time at all for your structure settlement payment rights. We look forward to helping you.
Sell My Annuity in 2015 – Maximize Your Cash In
Cashing in when you decide to sell your annuity with the right company is utterly important. With over a decade of experience as one of the largest funders in the industry. We are able to offer you the most cash on the spot for your structured settlement annuity payments in 2015. When you call in you will get your very own dedicated representatives who will guide you about the best practices for selling off your annuity, lottery, or structured settlement payments that you are due to receive in the future.
If you have sold your annuity before and would like to know if you received a good deal or not we will be glad to discuss and review your previous deals and figure out how you can make up for any money that you may have lost in your previous transaction. 2015 is the year that you make a change for the better in your life and the experts at CIYA are here to assist you.
How J.G. Wentworth Fees Work
It’s my money and I want it now. Cash now for your annuity is what our clients are clamoring. We have heard it over and over again. There are only a few options in the direct lending category that can help you out when you are in a financial pinch.
If you do not have an annuity or a structured settlement, you may know J.G. Wentworth as the company with the singing Vikings. If you do, however, you may have paid closer attention to the lyrics that they belt out. And if you find yourself in some sort of financial bind where you need cash sooner than later, you may even be considering doing some investigation to see how their services work.
Yet even before you get to this step, you may have some concerns about its claims of getting you the cash you need from your annuity or structured settlement. Some of these questions may involve determining whether or not the service like the one J.G. Wentworth offers is a scam, while other inquiries may revolve around the cost of the service if it is legitimate.
A Strong, Reputable Company
As far as J.G. Wentworth is concerned, the practice of selling your annuity or structured settlement in exchange for an immediate lump sum of cash is completely on the up and up. The company has been in the business of purchasing annuities since 1991, and is accredited with the Better Business Bureau (BBB), so you don’t have to worry about being taken to the proverbial cleaners.
In fact, they do a stellar job of keeping you informed about the entire annuity purchase process. Their website is loaded with information designed to give you a firm grasp on the terminology associated with the annuity business, and the questions that may rise up from such verbiage. What’s more, the site also contains a good amount of info aimed to help you get familiar with the various hurdles you may have to clear throughout the process, depending on what state you reside in and the type of annuity you are seeking to sell. When you add in the fact that several review sites give the company’s service team excellent marks for their knowledge and their disposition, you have a company that you can feel safe in trusting – a big plus if you read some of the horror stories that are associated with this industry.
How Much does it Cost?
In order to get comfortable with J.G. Wentworth’s fees for their services, you must first get familiar with how annuity purchase services work. In essence, if you receive a lump sum in exchange for your annuity or structured settlement, you should know that you will be receiving less money than you otherwise would in the long run. In exchange for their services, they will take a portion of your total annuity or your structured settlement before sending you your lump sum. Typically, this fee translates to around 9 to 15 percent of your total annuity or structured settlement; a fee range that is competitive with some of the other top names in the industry. This may seem like a healthy chunk, but it may be small potatoes if you need money to pay off something that is a big financial burden, such as:
- Unpaid medical bills
- Student loan debt
- Credit card debt
The good news here is that J.G. Wentworth does a solid job of keeping you informed about what that fee may be. Their quote request function on their website will allow you to get a rough estimate as to what you can expect your lump sum will be once everything is said and done.
If you would like more information on what J.G. Wentworth has to offer, you can give them a call at 800-741-9545. Their corporate offices can be found at 201 King of Prussia Road, Radnor, PA 19087.
Have a Structured Settlement and Need Cash Now?
If you are currently receiving a structured settlement and need cash now then we have a solution for you. Cash in Your Annuity a leader in providing you structured settlement and annuity transfers can get you the cash you need without any questions asked. Our solution is seamless and easy. Once you speak with one of our professionals on the telephone we will give you the guidance and advice for how you can sell your settlement payment rights in exchange for a large lump sum.
The process is fast and easy and gives you a much better deal then the heavily advertised and promoted payday loan offers that you often see flooding the television commercials. The rate at which you receive your money in terms of a discount is all dependent on how far out the payments you are due to receive are and how much money you are supposed to receive. Anytime you have a structured settlement and need cash now you can work with a multitude of qualified companies
How To Sell a Structured Settlement
There are numerous questions submitted to our website daily on the best way to go about selling a structured settlement. Our clients are receiving monthly payments from an insurance company like Metlife or Symetra and realize that they would rather have a lump sum of money today instead of receiving 30 payments at $1,350 a month over the next 30 years of their life.
In some cases it makes great sense to cash in your structured settlement annuity and other cases it does not. Like everything else in life there are pros and cons of selling off these payment streams. The pros of doing so are that you can get the money you need to get out of something that is commonly called a hardship. Hardships are when you are in a very tough or difficult financial situation and the scenario calls for you to get as much money as you can at any cost in exchange for getting out of a deep dark financial black hole. Other situations where it is a big pro to selling a payment is when you want to purchase a home and need to raise as much money as possible for the down payment or in a lot of our clients situations they need help to pay the mortgage so that they do not lose their house or apartment and thus we come in and help them to stave off the creditors and pay them a large lump sum of cash in exchange for the rights to their payment streams.
No matter what your situation calls for the steps to selling a structured settlement is easy. You need to contact us using the form above and from there we will get you the amount of money you need and set you up with the proper documents, court dates, and more information.
Call us today to get started.
When searching for a third party company to sell your structured settlement or annuity, there are some important factors to look for. Selling a structured settlement is a big decision with many consequences to think about. By choosing the right company to sell to, you can make sure that the consequences are good ones.
Structured settlements are payouts from insurance companies with specific payments given out on a schedule over a certain amount of time. Structured settlements can be given for worker’s compensation, lead poisoning, car accidents, or even lottery and casino winnings. At first, these payments can seem like a boon for the person getting the payments. Often, however, the person receiving the settlement will need more of his money than he is getting. They may need a car or home repair, might want to start or go back to college, maybe open a business. The lump sum received from selling a structured settlement could go much further than the small payments the person has been getting, and could do more to help their situation.
One company, iSettlements, is a leader in the buying of structured settlements. They work diligently to make sure that their customers are getting the most for their structured settlement. By being a direct funder, iSettlements is able to cut out any middle man, removing costs from the person who needs the money the most, the person selling the settlement.
iSettlements is easy to reach, with a click-to-call feature right on their front page. They also have easy to reach online counselors, ready to help their customers at a moment’s notice. This customer service has helped iSettlements become one of the leaders in the industry, stepping in front of their larger competitors to give customers the time and attention it takes to get them the most money deserved for their settlement.
iSettlements also works fast. While some structured settlement sales can take up to three months, iSettlements can normally get them done in eight weeks. Their swiftness comes from being true experts in their industry. Their team encourages open communication between lawyers and customers, believing that kind of openness leads to getting the best job done.
Selling a structured settlement is a big decision that takes a lot of thought. By using iSettlements, customers can be assured they are getting the best service and value for their settlement.
Company website- www.isettlements.com
Company phone number- 1-877-595-8073
Steve and 123 Lump Sum
Every Friday night, on his way home from work, Steve would stop at a convenience store and pick up ice cream for his wife. They were expecting their first baby, and she was holding onto the ice cream cravings. Unbeknownst to her, though, Steve was buying a single lottery ticket every time he did. It was just a game Steve played, a fun way to dream of the future, to be able to have something to give his child. Well, Steve didn’t win millions upon millions of dollars, but he did win $75,000 on a scratch off.
Steve began receiving an annuity, set up for him to get $1,000 a month for the next six years. While the extra income was useful when the baby was first born, expenses began to pile up. Doctor’s appointments, baby gear, and just buying diapers began to take their toll on Steve’s bank account. After a car repair and some credit card purchases, Steve found himself in debt. Instead of enjoying his lottery winnings, Steve began to resent the small amounts that were coming in. Winning the lottery was supposed to help Steve, and he felt as if he was getting nothing out of it. So Steve decided the best thing to do would be to sell his annuity.
Steve checked around for quotes to see what he could get, and he found the best quote at 123 Lump Sum. They were able to get Steve the money he needed to get out of debt fast. Steve was very happy with the way the financial manager that 123 Lump Sum had on call talked him through his decision, helping him get the amount he needed. And they moved fast, getting Steve his money in about eight weeks. He appreciated that he didn’t just feel like another thing to get through, like he did with some the bigger companies. Steve felt like 123 Lump Sum really cared about his business, and would really serve him best.
123 Lump Sum is a direct funder. That means that they are the people with the money. There is no middle man taking a cut out of the lump sum that Steve or other sellers would get.
Steve went over all the angles, and chose the company that was best for him. Of course, it is important for all sellers to do the same. If selling an annuity or structured settlement is something you are looking into, be sure to consult a financial planner.
Company website- www.123lumpsum.com
Phone Number- 1-800-400-9123
Who Will Buy My Structured Settlement?
A structured settlement is one of the most attractive, even ideal, long-term investments on the market. They are often guaranteed for multiple years (sometimes for life) and are tax-free. Structured settlements are commonly awarded to those involved in a personal injury lawsuit or a product liability claim.
Sometimes, however, a structured settlement is not as effective as it should be. This often happens in instances where some sort of financial stress (for example: medical bills, a large debt, a new investment) is eminent in the person’s life that is receiving the structured payments.
In instances like these, you have an option. You can sell your structured settlement for a one-time single payment. This large amount of money can then be used to get your financial life back under control.
But whom can you sell your structured settlement to?
Structured Settlement Companies
The primary way to sell your structured settlement is to contact a structured settlement company. These organizations specialize in buying structured settlements and paying a lump sum payment to the seller. Fortunately, there are dozens of these companies in each state, so finding one to sell to shouldn’t be a problem.
Choosing the Best Structured Settlement Company
While finding a company to sell your structured settlement to might be a walk in the park, finding a good company to deal with won’t be quite as easy. A good structured settlement company is one that is reliable and gives you the biggest return on your sale as possible.
Here are a few surefire ways to find the best structured settlement company for you:
- Reputation – It is essential to only deal with companies that have sterling reputations. Make sure that the one you choose is part of the Structured Settlement Brokers Association, a trade group focused on the industry. This group provides a Code of Ethics that all members must follow and polices its members so that nothing unscrupulous is going on.
- Reviews – Use the Internet to its fullest when looking to sell your structured settlement. Read reviews on each company you are interested in – there are literally dozens of reviews available – to weed out the ones that are less than stellar.
- Free Quote – Ask the structured settlement companies that you are interested in for a free quote. This will give you a solid estimate on the amount of money you will get from selling your structured settlement to them. Keep it in mind that this is not a final amount. It is merely a quote.
- Use Your Gut – Always take stock in your personal feelings when looking for a company to sell your structured settlement to. If you are uneasy about a particular company, it is best to look elsewhere. Your money is at play here and you want to get as much of it back as possible. You want to get what you deserve from selling your structured settlement.
Finding the Right Buyer from Structured Settlement Company Reviews
Over the past few years, there has been a dramatic rise in the number of structured settlement buyers currently operating. Chief among the reasons for this rise is a growing familiarity with structured settlements and a struggling economy that is forcing many people to sell off their annuity payments.
Those that have a structured settlement they want to turn into cash to get out of a financial hole have several options. While it is nice to have several structured settlement companies to choose from, it can also make the final decision much more difficult. Sometimes it is easier to pick a great company when there aren’t a lot of options to sweat over.
Fortunately, along with the rise in the number of people using these companies, has come a rise in the number of reviews. There are currently hundreds of structured settlement company reviews available online. If you are interested in selling your annuity for cash, it is essential to look closely at these reviews.
Here are a few of the best tips on how to make the most of structured settlement company reviews:
- Make a List of Companies in Your Area – Selecting a local structured settlement company to sell your annuity to is generally going to be your best bet. This way you can work with them in person. Start by making a list of the companies in your area.
- Start With Reference Recommendations – Though it isn’t very likely that you will know someone who has sold an annuity for cash before, it can be a smart idea to ask around. Ask friends, family, and acquaintances if they know anybody who has. Track these people down and ask them for their recommendations. Were they happy with the company they chose?
- Research the Companies Online – After narrowing down your list to the companies in your local area (and possibly working in a few references), research each company online. Reviews are very easy to find with a simple Google search. There are a number of review websites that specialize in reviews in the structured settlement industry.
- Ask for Free Quotes – After narrowing down your list even more by looking at structured settlement company reviews online, it is time to ask each of them for a free quote. A free quote will give you an estimate on how much you can expect to receive by selling your annuity.
- Meet With a Financial Advisor – Your last step before deciding on a company should be meeting with a financial advisor. Be certain to find one with experience in selling structured settlements. They will be able to go over your plans with you to make sure that they are what you really want to do.
Even though it might not be ideal, sometimes selling your structured settlement payments to a company for a single cash payment is necessary. But don’t go with just any company. Use the tips above in addition to structured settlement company reviews to find the very best one.Call Us Today
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