Category Archives: Financial Advice on Selling a Structured Settlement

Save Money When Buying A Car

Save money when buying a car

Are you thinking about buying a new or used car? Consider the following recommendations which may help you get a better price on your car at the dealership:

Evaluate Add-Ons

Have you been told about the great add-ons you can purchase for your vehicle ranging from a navigation system to an extended warranty. Consider which add-ons are necessary, and which may be taking extra money out of your pocket. Also, often add-ons can be purchased at a lower rate at another place besides the dealership.

Balance Total Cost and Monthly Car Payments

Dealerships will frequently lengthen your car’s loan term if you’re financing the car through them. While you may think you are still going with your monthly car payment budget in the end, the extended loan could increase the total price of the car by thousands.

Explore Every Option

In some situations, you might save cash by buying from a private seller. Call around and ask for rates before heading straight to the dealership lot.

Do you need money to buy a car? MDH Funding may be able to assist. Are you receiving long-term payments from a structured settlement after a lawsuit? Many of our customers choose to use the money they receive to make a large purchase, such as on a car.

Do you have a question about how your structured settlement can used for your car purchase? Contact one of our representatives today by calling 1-855-804-FUND (3863) or use the form below:

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Structured Settlements for College Tuition Payments

The high tuition of a college education is a financial obstacle for many families. While student loans may seem like the temporary answer to paying for education costs, in the long run loans contribute to much more debt.

Have you found the process of deferments equally troublesome with the ensuing costs in late charges, penalties and increased interest?

How does structured settlement  pay tuition in a more financially smart way? The process involves taking advantage of current assets to avoid debt and higher interests from loans. Selling a structured settlement opens up cash allowing a student to pay down tuition at the time they are admitted into their school.

Education costs continue to soar. In 2011, graduating seniors owed an average of $25,250 in student loans. In 2013, they owed an average of $35,200 in student loans.

How does a structured settlement sale work for incoming college students? The sale allows for an “advance” on assets that avoids interest, since it’s not a debt. Instead, the  structured settlement takes equity out of an asset and uses the equity to pay for tuition upfront.

Do you have a question about our structured settlements used for college tuition payments? Contact one of our representatives today by calling 1-855-804-FUND (3863) or use the form below:

Is It Best To Sell All or Some of My Structured Settlement?

So you see a commercial and you decide that it is time to sell your structured settlement for lump sums of cash, but you have no idea if you should sell all of it or some. We understand the dilemma.

At MDH, we talk to a lot of people who want to use the money that is owed to them, but still want the flexibility to use their payments later on. A lot of other companies will try to convince you that selling all of your settlement is the best choice. These are companies that are interested their profits.  

We see things a little differently here.  

We want to help you to make the best financial decisions for you and your family. We’ve composed a list of fantastic reasons selling your structured settlement or annuity for cash can help make your dreams happen, while still maintaining the flexibility you need.

Invest in your future. Whether it’s starting your own business or wanting to diversify your portfolio, as a financial institution, we understand the importance of making your money work for you. If the cause of your settlement or annuity makes it difficult for you to find work, then selling some it for a lump sum of cash can give you the boost you need to turn your passion into a new career.

Debt (and stress) reduction. Stress over money is one of the most pervasive and common strains on the health of Americans. If you find yourself losing sleep and in a bad mood because you worry that ends won’t meet, then accelerating your structured settlement is a great way to ensure that you will live out the lifespan of your settlement. 

Auto purchase. Auto loans are notoriously dangerous debt and to make matters worst lenders are still providing unwise subprime loans. We understand the importance of having a reliable car and the exhilaration of purchasing a new one. You should be able to enjoy that without a care.

Tuition expenses. If you or your children have decided to pursue a quality higher education, then selling your structured settlement or annuity is a smart way to focus more on the classes, instead of how to pay back the loans incurred. 

Home repair or improvement. The weather can be unpredictable and the damage it causes can be quite expensive. Whether you want to prepare for the harshness of the upcoming winter, update your house to make it more energy efficient (hint: there’s a tax incentive), or you want to personalize and modernize your home, selling your settlement or annuity for a lump sum of cash should be the first step in making your home more comfortable.

At MDH, your interests are our interests and we want to help you to make the smart financial decision.