Annuity and Structured Settlement Recipients Use Cash From Sale of Future Payments to Pay for Education Costs
More than 80 student lenders have stopped making frederally guaranteed student loans temporarily or permanently as a result of a distressed credit market.
According to a May 22 article in USA TODAY -
Sallie Mae’s shares jumped Wednesday after it became known that the Bush administration is preparing to help struggling lenders in the student lending market by having the government buy up their loans.
As families feel the increased cost of living fueled by raised prices in wheat, corn, fuel, and household consumer goods, many families that have children who are preparing to graduate and continue on to a college education are finding alternate ways to provide for tuition.
Individuals that are currently receiving payments from a lottery, annuity, or structured settlement are able to get a large cash lump sum to pay for many things including but not limited to tuition, credit card debt, new home purchase, and vehicle purchases.
Structured settlements saw their evolution in the early to mid 1980’s when one time cash lump sum payments started to become the less attractive solution for many insurance companies.
Today, more and more individuals awarded settlements, or people collecting annuity and lottery payments have found that access to a large cash lump sum has provided more relief than Bush’s stimulus package.
Pressure to compete in a dwindling job market keeps enrollment at universities at a incrementally increasing rate. With costs in everything from living to travel and education soaring, many are reaching to available cash flows rather than mid or high interest loans to make college and post graduate education a reality
Feds have trimmed a key interest rate by a quarter-point to 2%. Minutes of an April Fed meeting said that members viewed this decision as a close call. Officials see the economy falter as as the inflation rate rises uncomfortably fast, limiting their ability to cut interest rates to spur economic growth.
As stocks flat line, cash flow purchasing companies compete aggressively making it the most ideal time for sellers to make sure they are getting the most for their money. Selling future payments from a settlement, annuity, or lottery winning to obtain a large lump sum of cash has been a life saver for thousands of American families who needed more than a small rebate check from the government to get back on track.
People are realizing that they can do a lot more with a large sum of money readily available to them to use as they see fit. With proper planning and investment of these monies, they will likely see a greater return than to have to settle for the restrictive smaller payments they are currently receiving.
If you or someone you know is interested in learning more about how to sell your structured settlement , annuity, or lottery payments for a large lump sum, call click or visit Woodbridge Investments today.
Find out how much your future payments are worth at no cost or obligation to you. Call 1-866-865-7044 toll free or visit www.woodbridgeinvestments.com today!!!
Visit: http://www.woodbridgeinvestments.com/
(ArticlesBase SC #438238)
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