Are you stressed out? Are your finances stressing you out? Has your budget fallen apart already this year? Do you have a structured settlement? Did you know that you can sell your structured settlement payments for cash now? Have you considered selling your structured settlement payments? In this article we’ll discuss how selling your structured settlement payments might possibly reduce your financial stress.
Many of us have experienced some sort of financial disaster or stress in the past:
- Refrigerators stop cooling
- Dryers stop heating
- Transmissions go out
- Drafty windows need replacing
or more personal events like:
- Sudden loss of a job
- Unexpected medical bills.
Even the best financial planners cannot predict the future. A recent study about budgets revealed that more than 60% of Americans don’t have the money to pay for even minor unexpected expenses.
Bankrate’s budget study also revealed that if faced with an unexpected expense:
- 52% of college graduates would dip into their savings account,
- While 13% would use a credit card
- And 14%-21% would borrow from family and friends
What would you do if you didn’t have the extra funds set aside? What if your unexpected expense was more than $10,000.00? Or more than $20,000.00?
You might find yourself in a situation like Jenna where you needed cash now to pay minor expenses, or you might need more money to make a bigger purchase such as a down payment on a house, to buy a new car, or pay off student loans.
The good news is that if you have a structured settlement, you can sell your future settlement payments in exchange for cash now.
Jenna knows what it’s like to be stressed out over money. Until last year, Jenna had a good job that she loved and made a decent living. But then disaster struck. Jenna lost her job. She made do for a little while on unemployment income, but that wasn’t enough to pay all of her bills. It didn’t take long before she had to start charging even groceries on her credit cards. She felt like she had nowhere to turn, nowhere she could get the cash she needed to pay her bills. And then she remembered hearing something about selling structured settlement payments. Jenna has a structured settlement she received after a medical malpractice lawsuit. Her settlement was structured so that she receives lump sum payments every 15 years. Her next payment was due in 2025.
Jenna called Mainstreet Funding and found out that she could sell a portion of the next payment and receive nearly $20,000 now. With that $20,000 Jenna was able to pay off all of her credit cards, pay off the balance of her student loans, and finally be debt-free.
Selling structured settlement payments can be a stress-free process. The first step in selling structured settlement payments is simple. All you need to do is request a free quote right here on our website. Or if you’d prefer, call Mainstreet Funding today and talk to one of our structured settlement specialists who are happy to discuss your options with you. For your convenience, our toll-free number is 1-888-919-8003.