Financial Solution Blog Presenting Tips and Information on Financial Solution
  • Jul
    11

    An annuity payment is a time honored way to meter out your money and use it as supplemental income or to handle a quarterly or annual bill. In that traditional way it is a constant backup to your established income and expenses routine. Sometimes, you will want to seize an opportunity that exceeds the liquid funds provided under standard annuity payment plans. A major investment, business startup or a sudden emergency that using your credit cards with their outrageous interest rates just wouldn’t cut it.

    Did you know you can sell your annuity for lump sum cash? You can sell them all or just what you need to cover the amount of fast cash you need to raise, and do it all without affecting or even involving your annuity payer. Brokers who deal specifically in this type of cash advance will provide you with up to 6 quotes from different buyers showing you their rates and costs up front.

    You pick the best offer and soon thereafter you have a check in your hand. Its that easy and the connection to your annuity holder is nil, since the payment agreement is between you and the cash advance party. You don’t move or transfer anything, you just take your cash and pay the advance agent from your monthly or quarterly annuity payment.

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