by admin
19. August 2010 04:08
Hi everyone. J.G. Wentworth here.
Everywhere you look these days you see the news headline that mortgage rates are at historic lows. They are indeed low.
While a rising tide lifts all boats, falling interest rates tend to lower all other rates. We’re no exception. Right now our rates are at historic lows too. This means for people with structured settlements and fixed annuities, they can likely get a larger lump sum for their payment stream then they could have gotten a year ago.
That’s good news, but I wanted to point out something else about our historically low rates. In general they are lower than most credit card rates. They are probably lower than most rates associated with overdraft protection offered by banks. They are, in all probability lower than most of the rates charged by utility companies for keeping balances with them.
In short, if you need money and have a structured settlement or fixed annuity, we’re a good deal.
I’m proud that our rates are so competitive compared to other ways to get financing. It means that not only can we help people when they need it most, but we can do it without costing them an arm and a leg.
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