Borrower Nightmares: Navy pension signed over as collateral for costly quick cash

By Jason McLure

Retired Navy doctor will pay eventual $242,000 for pension "loan" of $92,000

Excerpts from this story referencing "Annuity":

"… ing it.  Their contract with the company termed the transaction an “Annuity Utilization Agreement,” and acknowledged it presented “novel and compl …"