We all know—and hate—feeling strapped for cash. With groceries to buy, housing payments to make, and the daily necessities to purchase, it’s hard not to need some extra cash from time to time. If you have a structured settlement and your regular payments aren’t covering your expenses, you’ve probably thought about selling your structured settlement.
It could be a good option for you, if you’re well prepared. Here are three mistakes to avoid when it comes to selling your structured settlement.
1. Neglecting to do your research. Though you may need cash fast, make sure you do your homework before selling your structured settlement. This means learning about ALL of your options (our articles are a great place to start). You can sell a portion of your settlement, all of your settlement or none of your settlement with our exclusive $500 in 30 minutes offer.
You should also feel comfortable with the company you choose to work with—they should get back to you right away and answer all your questions without giving you runaround.
2. Selling your settlement before you’re ready. If you’re not sure you want to sell your structured settlement, don’t rush into a making a decision. If you’re feeling uncertain and need a small amount of cash to tide you over, consider getting a $500 cash advance from us. No interest, no credit requirements and no commitment to sell your structured settlement are required and we can wire the cash to the MONEYGRAM® location nearest you today.
3. Selling too much or too little for your needs. Like Goldilocks, you should consider what lump sum cash amount would be “just right” for you. Then ask about your options. If the person on the other end of the phone isn’t prepared to offer you a few choices, be advised to look elsewhere. There is no one size fits all solution to getting the cash you need from your structured settlement. You have options!
Want to learn more about selling your structured settlement? Contact us today to speak with one of our structured settlement experts and get your $500 cash advance loan!