Where can I trade in my structured settlement for money now?
I really dont want to wait to get paid for what has happenend to me. I would like to get money now instead of waiting like 10 years to start getting paid month by month = (… This is horrible! By the time I can start getting money it wont be worth crap… I will have to wait 20 years until my settlement is completley done with. Does anyone please know of any way I can get my money now or even some of it without loosing lots? Even a bank loan would be great! Thanks in advance!
Well, I would definitely suggest a bank loan over all of the places that sell your structured settlement for cash. You will be taking a huge loss if you sell it. HUGE HUGE loss over time. Realize, that is steady income that you’ll have coming in, and may need it in the future. What would happen if lets say 12 years from now you lost your job? Would that structured settlement get you by? You probably would have already used up all that money if you cashed it in. I would really think hard about it before you completely give it up.
JGWentworth wanted to give me $40,000 if I cashed in my structured settlement. In 10 years on a monthly basis, I will have gotten over $100,000. That is a huge loss!
“Structured Settlements Protect the Needy from the Greedy”
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