With household income rising no more than two percent in the last ten year and credit card debt spiraling to an astronomical net increase of $57.1 billion in new credit card debt in 2014, the average American might find the new year bringing a cash squeeze. According to research, $7,200 is the average credit card balance, most American families have 13 payment cards and over 40% of home are spending more than they are earning. The result is a tight financial situation that is difficult to get out of, as living expenses continue to rise.
Those with a structured settlement or annuity, however, have a way out. You can get cash for an annuity now by selling it or your structured settlement and
Money seems to be one of those constant issues that never quite resolves itself. Up to 76% of Americans live paycheck-to-paycheck due to bills and other regular expenses. With that being said, up to 62% of questioned Americans have no way of covering unexpected expenses such as a vehicle breaking down. Money is such an issue that less than one out of every four Americans have enough money in their savings account to cover at least six months of expenses without any income. Saving up money and getting ahead is a dream for a lot of people, especially those who are fighting for a settlement in court.
Winning a Structured Settlement in Court
Medical malpractice, personal injury, and other civil cases rarely make it to trial because up to 90% settle outside of court. Hiring a lawye
Everybody daydreams about what they would do when they win the lottery, but few people actually have a plan as to how they spend the money until they actually receive it. If you have a structured settlement, you can sell your fixed payments for a huge lump sum. The best part is, you know when it’s happening, and can start to plan for the future.
When you get your settlement cash, you will finally have the ability to pay off all your monthly living expenses and focus more on life itself rather than your finances. In fact, a recent American International Group (AIG) survey showed that 65% of the people said that they would rather have a lump sum payment instead of structured payments.
A huge lump sum will cover all of your cash needs, and you won’t have to worry about money for a long, long time. Here