Purchase Pension Options:pension Advances And Pension Loans

By Author: LumpsumPension Loans
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There are many people who qualify for various purchase pension options, which allows them to get quick funding for immediate needs. These needs might include the down payment for a new home, college fees, medical expenses, business start-up costs, or debt payments. Pension advances and pension loans or purchase pension options that let you receive cash for short or long-term goals.

Pension advances and pension loans are readily available for many types of career professionals. These include:

Military
Police and fire
Teacher
Veteran
Government
Company

Legal finance companies are not entitled to buy social security benefits or VA disability benefits. However, they can purchase pension to provide you with cash against future pension benefits or to receive a loan.

Most companies specializing in pension advances or pension loans offer free, no-obligation estimates on how much cash they will purchase pension for, whether in a pension advance or as pension loans. They should never ask for upfront fees; these companies make their money on the interest they receive for pension ...
... loans or by offering you less in a pension advance than the value of your pension.

A pension advance means that you will not receive future payments against which the purchase pension arrangement has been made. Pension loans work like any other loan in that you will still receive your monthly pension but you will have to pay back the loan in installments.

It is important to keep in mind that a pension advance will be much less than the total value of payments you would collect over an extended period. The larger your pension advance, the less you will receive in the end for the purchase pension. This works similar to the lottery where the winner can choose payments over time or a larger sum all at once.

Pension loans also result in less money in the long-term as you will need to pay interest on the loan. However, a pension advance or pension loans can make a tremendous difference when you have immediate financial obligations. And after all, a pension is your money. Purchase pension options give you the flexibility to access your money to suit your needs.

These purchase pension options are also a relatively easy process, with many plans for accessing a pension advance in a specific amount of cash or as a lump sum. Pension loans can also be for varying amounts depending on the value of your pension.

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We make a lump sum pension advance a quick and efficient process tailored to the unique needs of our clients. Our certified experts will help you take advantage of your annuity or structured settlement; they will initiate the necessary court processing and manage the majority of the documentation for a quick turnaround, satisfaction guaranteed. For more information, visit www.lumpsum-pensionloans.com