Pension Advances Are a deal that is shaky Borrowers and Investors Alike
DANA NESSEL ATTORNEY GENERAL
The Attorney General provides Consumer Alerts to tell the general public of unjust, misleading, or misleading company techniques, also to offer information and help with other problems of concern. Customer Alerts aren’t advice that is appropriate legal authority, or even a binding appropriate viewpoint through the Department of Attorney General.
Pension Advances Are A shaky deal for Borrowers and Investors Alike
You may be the target of salespeople offering you a lump sum payment today in exchange for signing over some or all of your monthly pension checks for a future period of timeвЂ”typically 5 to 10 years if you receive a pension from your former employer. The pitch goes something similar to this: вЂњTurn your personal future retirement income into cool, income today. ItвЂ™s your hard earned money, you deserve it.вЂќ