Settlement recipients often get frustrated with their fixed payments because they’re simply not enough to account for unexpected expenses or improve their quality of life. Fortunately, most recipients have the option to get cash for a settlement in the form of a huge lump sum, and many just don’t know that this is a possibility.
When you opt to get cash for a settlement, you can meet all of your urgent cash needs and have some money left over to do or buy whatever you please. It’s a unique situation that only settlement recipients can take advantage of. If you’ve ever wanted to eliminate debt, get some money in the bank, or just buy your dream home, getting cash for your settlement now is your best solution. Here are just three of the many benefits to getting cash for a settlement:
- Cover unexpected expenses. Life is extremely unpredictable, and you never know when your funds will run low and you’ll be threatened with eviction or foreclosure. About 76% of Americans are currently living paycheck-to-paycheck, and it’s impossible to escape this rat race with fixed monthly payments. Getting cash for a settlement will provide you with the financial security to live freely and confidently.
- Get rid of mounting debt. If you don’t have the means to cover unexpected expenses, there’s a good chance you already have some debt piling up. Receiving a lump sum will allow you to erase this high-interest debt and start life anew with a clean slate. American households accrued a whopping $57.1 billion in new credit card debt during 2014, and that number continues to grow with each passing year. Settlement recipients are in the enviable position to avoid becoming another statistic and erase debt now.
- Build a new life. The beauty of receiving a huge lump sum is that there are no laws regarding how or where it gets spent. If you already have some money in the bank and debt is not a concern, you can do whatever you please with cash for a settlement, including buying a nice car or your dream home. Obtaining this financial freedom will improve your quality of life by leaps and bounds, and it’s something you cannot achieve with fixed payments.
Talk to a settlement expert to get a quote on your settlement and see how much you stand to gain by selling it. You may be surprised at how much you can cash in, and when you’re living a comfortable debt-free life in the near future, you’ll be happy you made the call.