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How to Say Goodbye to Credit Card Debt (Yes, Really!)
Dealing with credit card debt is a common challenge that many people face these days. It’s tough, we get it. The U.S. alone has seen record levels of credit card debt recently, but don’t worry – you’re not alone in this. With those high-interest rates, pesky minimum payments, and the constant temptation to overspend, it…
Read MoreUsing Annuities for Big Purchases (vs. Credit Cards)
Figuring out how to make a large purchase can be a stressful part of household budgeting. When something comes along that costs a lot more than a family has budgeted for spending, whoever is responsible for the financial planning has to sit down and sharpen their pencil. A lot of people choose to put these…
Read MoreThe Effect Debt Has on Mental Health
It may be tempting to put big purchases on a credit card or sign a contract for financing for something you can’t afford in cash, but experts say this could add to some health challenges. In general, scientists are finding that dealing with the burden of ongoing debt can actually harm people in terms of…
Read MoreUnderstanding the Different Types of Annuities
For those holding one of these types of structured payouts or are interested in how they work, it’s a good idea to research the different types of annuities and know how they compare and differ from one another. Annuities are structured payments that will pay out over a given time frame. Let’s talk about some…
Read MoreEvolution of Structured Settlements — How They’ve Changed over Time
How have structured settlements changed and evolved over the years? The IRS and other parties first started considering structured settlements as a form of court awards. Professionals now understand how the law has changed since then, and these types of awarded settlements have become more a part of injury law and other practice areas. The…
Read MoreBuying a house after selling your payments
Using a Structured Settlement To Buy a Home If you’ve been awarded a structured settlement and you’d like to buy a house, you don’t have to wait until all your payments arrive to start accessing your funds. Thanks to funding companies like District Settlement Finance, you can use your money to buy a home, even…
Read MoreWhat you can do with your payments
When a case is settled in your favor, such as a personal injury claim or medical malpractice suit, or you receive cash from a lottery win or annuities, you often have the option of receiving the cash in installments or one lump sum. When you opt for a series of payments, it is called a…
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