How to Sell Your Annuity

Annuity Buyers Assist Cash-Strapped Families, Helping Them Sell Their Annuity Payments

Everyone’s feeling the cash crunch these days. Since the current recession began in 2007, 8.6 million jobs have been lost, according to the Bureau of Labor Statistics. With many mainstream Americans cutting back their own spending and relying less and less on sources of credit, and the job market still reeling from heavy losses, the need to explore alternative cash options has gained new urgency. This is where annuity buyers come in.

Why Should You Sell Your Annuity

Single mother Christine Molnar didn’t know what to do. When the local coffee shop she had worked at for seven years went under, it left her cash-strapped and worried that she wouldn’t be able to provide for her two children, 14-year-old Aden and 12-year-old Jasmine. To add insult to injury, the engine of her 1998 Pontiac Grand Prix decided that this was the perfect time to give up the ghost. How would she be able to get another job without reliable transportation?

She thought back to the annuity she had bought from her insurance company a few years ago. She still had months before the next disbursement. If only she could tap into it now, she could buy a new car and be able to feed her family as she looked for another job.

What An Annuity Buyer Can Do For You

Annuity buyers and structured settlement companies comprise a recently-emerged, specialized industry that focuses on helping people just like Christine to sell their annuity payments for a lump sum. An annuity buyer like RSL Funding, LLC, has refined the process of buying structured settlement and annuity payments, and can get cash to their clients quickly and efficiently.

When Christine visited their website, she was amazed at how quick and easy the process was. Her account executive provided her with a quote that same day, and it was only a short time later RSL Funding advanced her a portion of the lump sum. She used the money to put a down payment on a new car.