Payment Buyouts
 

Does anyone know of any companies that do long term payment buyouts? I know there are companies that buy
long term lottery payments and the such, I would appreciate any info that anyone could provide.

Re: Payment Buyouts
 

I had looked into that something like that once and it was very
expensive.
I was in an auto accident and I was due a large settlement and I didn't want to wait the 3 years.
I forget the name of the company but they wanted to charge me $50 per thousand per month.

I decided to wait

Re: Payment Buyouts
 

As Jim Straw has mentioned in one of his articles - just look in your local yellow pages for finance companies. This is a legitimate need and you'll be dealing with real companies - not internet Fly-By-Nighters.

Happens all the time with companies that receive big contracts too - but need cash right now.

Hope it helps,

Tim Spencer


Jim Straw's Finance Article