How Annuitants Can Become Debt Free

By: Rising Capital0 comments

According to a recent PewTrusts report, an estimated 80% of Americans are in debt. 

Debt makes it difficult to reach your goals and almost impossible to grow financially, especially if this debt is constantly increasing. Interest payments and insufficient funds compound over time and many find themselves drowning in a cycle of never-ending bills and debt.

Depending on how much debt you have, your monthly payments to credit cards, loans, and insufficient accounts could be into the thousands of dollars. The average American doesn’t have thousands of dollars worth of disposable income to pay to debts every month. However, if you have an annuity, it’s possible that you can exchange your payment rights for a lump sum of cash to pay off your debts.

Using your lump sum to pay off your debt in one large payment can allow you to close out your accounts, stop accumulating owed interest, and finally become debt-free. 

So, how does this work? The process is pretty straightforward and Rising Capital can help you make it happen. 


  1. 1. Call Rising Capital – When you call Rising Capital, you’ll be connected to your dedicated account executive who can explain the court order process and provide you with real options.


  1. 2. Get A Free Evaluation – After discussing your situation and goals, your account executive will put together a custom quote for you with options to meet your needs.


  1. 3. Accept Your Quote – Once you’ve received your quote and have decided to accept it, you will receive a contract that provides details about your transfer.


  1. 4. Rising Capital Covers Fees – Rising Capital has no hidden fees and covers all costs associated with your transaction from beginning to end.


  1. 5. The Process – If you own your annuity, we will work with your policy’s issuer to complete the change of ownership, payee, and beneficiary elections needed to complete your sale.


  1. Get paid – Once the policy’s issuer has confirmed the policy information has been updated, we will typically have funds to you within two business days.


Rising Capital has helped thousands of annuitants sell their payment rights to have the cash necessary to pay off their debts completely. Getting rid of your debt can eliminate stress and save you money. If you’re ready to finally get out of debt, give Rising Capital a call today to discuss your options. 


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