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.
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.