With often convoluted regulations that vary from state to state, many structured settlement recipients find themselves asking questions like,“What rights am I entitled to as a recipient?”, or, “How do I sell my payment?”. Many companies offer services to structured settlement recipients, from payment purchasing to structured settlement loans, using payments as collateral. Structured settlement recipients must be thorough when deciding whether to conduct business with any cash for structured settlement company, as many of these companies may vie for their business, but few will offer transparency and reputable services.
AnFed Bank is the first and only nationally chartered, FDIC insured, fully licensed bank that is certified to purchase structured settlement payments directly from recipients. This means only AnFed Bank can eliminate the hidden fees and high closing costs that structured settlement recipients would otherwise be subjected to when dealing with cash for structured settlement companies. These broker companies merely operate as a costly middleman for structured settlement payment transactions that, until now, banks could not conduct directly with the settlement recipients.
In addition to offering structured settlement recipients more cash for their settlement payments, AnFed Bank provides the peace of mind that only an established financial institution can. The three most senior members of AnFed’s management team alone have over thirty years of combined experience in the field of buying structured settlements. AnFed Bank’s team of structured settlement experts are available at 1 (855) AnFed 4U to address settlement recipients’ needs.