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31
Dec

How Selling Your Structured Settlement Can Get You Out Of The Debt Trap

Written by admin. Posted in Cash for annuity payments, Fastest cash advances, Settlement cash

Need extra cash

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