Sentences with phrase «upfront lump sum of cash»

«While it may be appealing to get an upfront lump sum of cash, the risk here appears to be that a consumer could end up with a more expensive product with harsher repayment terms than they would with a more conventional loan,» said Edelman, whose Washington - based policy institute promotes economic mobility.

The agreed upon payments are re-assigned to the buyer of the structured settlement, and in exchange, the buyer gives the seller an upfront lump sum of cash.

Not exact matches

Merchant cash advances involve selling a portion of your credit card sales to a lender; you get a lump sum upfront, and the lender takes out their cut until the funding is fully remitted.

Following the deduction of the upfront fees and the payoff of the existing mortgage (a Reverse Mortgage borrower must always pay off any existing mortgages and other liens against the home), the borrower in our Reverse Mortgage example is left with the following amounts available in the form of lump sum cash or line of credit.