Structured Settlement Loans

Structured Settlement Loans 101 Are They Real? If you're receiving structured settlement payments but are facing financial difficulties, you may be considering settlement loans as an option for quick cash. However, it's important to note that there's no such thing as a structured settlement loan. Pre-Settlement Funding What's commonly referred to as a structured settlement loan is actually pre- settlement funding. This type of funding is not a loan, rather an advance on a future settlement that has not yet been paid out. Other Available Options Consider taking out a personal loan or using a credit card. Understand that these options may come with high-interest rates and fees, so it's important to carefully consider the terms before making a decision. Selling Future Payments Another option is to sell a portion or all of your future structured settlement payments to a settlement purchasing company. Selling Future Payments This can provide you with a lump sum of cash upfront, but it's important to carefully consider the terms of the sale and understand that you'll be giving up your future payments. In Summary While there's no such thing as a structured settlement loan, there are still options available for obtaining quick cash if you're facing financial difficulties. Do Your Homework Do your research, carefully consider the terms of any financial assistance options and make an informed decision based on your long- term financial goals.