An annuity payment is a consecutive series of transactions within equal intervals. Annuity payments can be related to mortgage payments, insurance funds, and savings accounts. These payments can be made in any constant interval (e.g. weekly, monthly, yearly, etc.).
Even if this is an arranged transaction at constant intervals, you can sell your annuity payments for instant cash. Many companies, such as We Pay More Funding, have this option to allow their customers to turn in their annuity payments and cancel all future transactions.
This is an easy and hassle-free process. Not only that, but it is also possible to transfer the ownership of the annuity payments to another petitioner for an agreed sum of money.
Who Buys Annuity Payments?
A lot of people can be in need of annuity payments. Since annuity payments can resolve many financial issues like mortgage, debt, and pension, many customers are willing to obtain an annuity account. Annuity payments can also provide a fund for the future. As with structured settlements and lump sums, it can secure savings for the future. So, it’s not hard to find buyers for these payments.
Advantages to Selling Annuity Payments
No one knows when one might be in a tight spot. You may be in immediate need of cash for an emergency. If you’ve wondered, ‘can I sell my annuity payments’, the good news is that you can to cover those extra expenses. In addition, there is an extra amount added to the annuity if you decide to sell it. So, no matter when you search for companies of ‘where to sell my annuity payments’, you’ll get some profit.
