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Do you think we need a structured settlement planner?

0 votes
Is there another way to do best settlement planning?
asked 6 months ago in Annuity Settlements by CordBlood101 (28,020 points)
    

3 Answers

0 votes
You will need to be a bit more specific to get a good answer.
A structured settlement example is when you win a lawsuit and they offer to pay you over 30 years but you need the money now.  A company will give you a lump sum in exchange for 50% of what is owed to you.
Or are you talking about credit card debt and setttlements?
You can do this all yourself.   Just get a book on Credit Repair from your library or bookstore.  No company is going to do a better job at it than you can do yourself.  And you won't have to pay thousands to a company that will do little for you
answered 6 months ago by LasikSurgery (27,700 points)
0 votes
Honestly you need to give more details. If you have a structured settlement already and you are looking to sell your payments you could use a broker but that you have to pay their fees. Or you can call around to get the best deal. You will not pay 50% of your money. That is just a mistruth. With today's interest rates you can get a better deal with interest rates lower than many credit cards or loans.

If you are looking to settle debt and you are looking for a planner it is best to talk with a government sponsored company. Look at the FTC's website for more details. http://www.ftc.gov/bcp/edu/pubs/consumer…
answered 6 months ago by DonateYourCar (26,260 points)
0 votes
answered 6 months ago by JanaLove (25,560 points)

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