Insanely high charges

Just like people wanting to sell structured settlement payments, many are interested to sell pensions for a lump sum.

I was just curious to see how the process worked. So after doing some Google searches I found companies that were "buying" pensions.

I reached out online and left my contact info. Within seconds of submitting my info I received a call from "company A".

I learned that they didn't buy out. Rather gave a "loan" with ridiculous fees. I wanted to see what would be offered for 10 years of pensions. Roughly $173k. They would only give a loan at nearly 50% interest.

So if I I went through with the terrible deal, I would be skimmed half of the money I would get. They also required to purchase life insurance.

You would be better off getting a bank loan, line of credit, or apply for a credit card with a cash back.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Pension Buyout.





View Jacob A's profile on LinkedIn


CALL NOW

ADLER'S INSURANCE AGENCY

1-800-355-5657

CONTACT US HERE



TRUST THE EXPERT...

CASH OUT STRUCTURED SETTLEMENT PAYMENTS

  • Friendly Service
  • Full Disclosure
  • No Hidden Fees!

We are a REAL insurance agency you can trust!