Four: Letting emotions or being desperate control our decisions.
We could be excited about buying a home or starting a new career; or we could be feeling desperate because we are about to lose our home or are facing
ziggy hood jersey Even though we are excited or desperate, we really must think through our decision. Some brokers or funding sources will try to take advantage of us and our situation. We should discuss our situation with a trusted
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reputation of the structured settlement or annuity purchaser.
Call the attorney general or consumer affairs in your residence state and the state where your funding source is located to see if there are any complaints about that funding source. If there are a lot of complaints against the source you are considering, take that as a red flag and move onto the next source. Don't agree to anything or sign any agreements until you feel you are dealing with a reputable structured settlement or annuity purchaser.
Remember to first look for other sources of money like family, banks and ect., before selling payments. If your settlement is your only source of income it is not in your best interest to sell. Make sure the people who are buying your payments have your interests in mind. SELLER BEWARE.
I hope that you have a positive experience and put the money to good use, if you decide to sell your payments.
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