JG Wentworth is a financial services company that offers a wide range of services such as structured settlement payment purchasing, annuity payment purchasing, lottery and casino payment purchasing, and debt relief services. With over 25 years of experience, JG Wentworth is one of the most reputable providers of financial services in the United States. In this article, we provide a comprehensive review of JG Wentworth’s product offerings including its pros and cons, services, and detailed FAQs. With their long-standing reputation, you can trust that JG Wentworth will provide the highest quality services to their clients.
JG Wentworth Benefits And Drawbacks
- For over 30 years, the company has built a reputation as a reliable and reputable financial services provider. They have provided individuals, businesses, and organizations with a broad range of services, from investments and retirement planning to insurance and estate planning. Their commitment to service excellence, dedication to customer satisfaction, and focus on long-term relationships have earned them a well-deserved reputation for being an industry leader in financial services. These values continue to guide their business practices, making them a trusted partner for all of your financial needs.
- It provides customers with the ability to choose between a one-time payment or a payment plan based on their preferences.
- The firm has a prominent web existence and provides a straightforward website that enables customers to conveniently utilize its services.
- This company is staffed with highly educated and informed experts who can assist clients in understanding the intricacies of the financial sector.
- This financial services provider charges fees for its services, which may be higher than those of other services.
- The offerings of the business are not accessible in each state, potentially limiting its access to some consumers.
- Not everyone may be a good candidate for the debt relief services they offer, and the cost of these services can be expensive.
- Customers needing quick access to money may not be suitable for the company’s services, as the process of buying structured settlements, annuities, or lottery winnings may take a few weeks.
JG Wentworth Services
In addition to business and financial services, JG Wentworth offers:
- Structured Settlement Payment Purchasing: Structured settlements are often used as a way to provide regular payments to individuals who have received a court judgment or legal settlement. JGW can provide customers with the option to purchase their structured settlement payments for a lump-sum payment or periodic payments over time. This can be beneficial for customers who need fast access to funds or prefer to receive regular payments.
- Annuity Payment Purchasing: Annuity Payment Purchasing is a great option for those who are receiving regular payments from an annuity. By choosing to receive a lump-sum payment, customers can receive a large sum of money right away. Alternatively, customers can choose to receive periodic payments over time. This allows for more flexibility with future payments and can be a great way to ensure that you get the most out of your annuity payments.
- Lottery and Casino Payment Purchasing: Lottery and Casino Payment Purchasing is an invaluable service for customers and employees who receive regular payments from a lottery or casino payout. Customers can choose to receive a lump-sum payment or opt for periodic payments over time. This service allows customers to receive their payments quickly and securely, without having to worry about the hassle and time required to manually collect the payments.
- Debt Relief Services: A debt relief company can be an invaluable resource for those who are struggling with debt. This company offers debt relief services to customers, such as helping to negotiate with creditors and developing a debt repayment plan. This can help customers take control of their finances and reduce their debt, ultimately leading to financial freedom. Debt relief companies are a great way for customers to get help managing their debt and make a plan for repaying it.
What is JG Wentworth?
JG Wentworth has been a leader in the financial services industry since its founding in 1991. The company offers a range of services to its customers including structured settlement and annuity payment purchasing, lottery and casino payment purchasing, and debt relief services. One of the largest purchasers of structured settlement and annuity payments in the United States, JG Wentworth provides financial solutions to meet the needs of their customers. With a commitment to providing quality customer service, JG Wentworth has become a trusted source for financial solutions.
It is no wonder that the company has become so well-known and respected in the financial services industry. They offer a wide range of flexible payment and funding options and are staffed by a highly experienced and knowledgeable team of professionals. With over 30 years of experience in helping customers reach their financial goals, It has become an established and reliable provider of financial solutions. Customers can trust that they will receive the best possible advice and assistance in achieving their future financial goals.
Approximately How Long Has JG Wentworth Been In Business?
JG Wentworth has been in the financial services industry for over 30 years, having been founded in 1991. As one of the largest purchasers of structured settlement and annuity payments in the United States, JG Wentworth has become a reliable and reputable provider of financial solutions to individuals and companies across the country. In addition to purchasing structured settlement and annuity payments, the company also provides lottery and casino payment purchasing and debt relief services. With their years of experience, JG Wentworth is committed to helping individuals make the most of their financial opportunities.
What Is The Process Of JG Wentworth’s Debt Relief Service?
JG Wentworth provides a comprehensive debt relief service to help customers who are struggling with debt. By creating personalized debt relief plans, customers can work with an experienced team of professionals to assess their financial situation and create a plan that is tailored to their specific needs. This plan may include debt consolidation, debt settlement, or debt management solutions. With JG Wentworth’s help, customers can get the debt relief they need to get back on track financially.
Debt consolidation, debt settlement, and debt management are all viable solutions for individuals struggling with debt. Debt consolidation involves combining multiple debts into one loan with a lower interest rate, making it easier to pay off the debt over time. Debt settlement involves negotiating with creditors to settle debts for less than the full amount owed. Lastly, debt management involves working with a credit counseling agency to create a payment plan that is manageable for the customer. All of these options can be beneficial to individuals in debt, and it is important to fully understand each option before making a decision.
JG Wentworth’s debt relief service is not just about getting rid of debt, but also helping customers learn how to manage their finances better. Through credit counseling and education, they provide customers with the tools to improve their financial stability and overall financial well-being. JG Wentworth’s goal is to help customers get out of debt and stay out of debt. With their assistance, customers can become empowered to take control of their financial future.
JG Wentworth’s debt relief services are not available in all states, so it is important to check to see if they are available in your area. Fees associated with their services can vary depending on the type of services required, so it is important to understand all costs associated with their services ahead of time. JG Wentworth is committed to providing all of their customers with transparent and upfront information about all fees before any services are agreed to, so customers have a clear understanding of the costs associated with their services.
Is There A Fee Associated With JG Wentworth’s Services?
When using JG Wentworth’s services, the fees associated will vary depending on the type of service you are looking for. For example, if you choose to sell your structured settlement or annuity payments to JG Wentworth in exchange for a lump sum payment, the amount of that payment will depend on a number of different factors, such as the size of your payments, the length of your payment stream, and prevailing interest rates when the transaction takes place. Ultimately, the fees associated with JG Wentworth’s services can vary, so it is important to consider all of the factors involved before making a decision.
Debt relief services provided by JG Wentworth come with associated fees. These fees depend on the specific services being provided as well as the customer’s individual financial situation. JG Wentworth is committed to being transparent and open with customers about any fees that may be associated with their debt relief services, providing all necessary information before customers agree to the services. This helps customers make an informed decision about the services they need and ensure that the fees they pay are fair.
When considering JG Wentworth as a financial services provider, it’s important to know that the company is regulated by law to disclose all associated fees with their services. Customers can rest assured that their financial decisions are made with full knowledge of the associated fees. Additionally, JG Wentworth has a team of highly qualified professionals that are available to answer any questions customers may have about fees or any other aspect of the services. This ensures customers have the information they need to make the best financial decisions for their needs.
What States Are Covered By JG Wentworth?
JG Wentworth is a financial services company that is available in most states in the United States, however, their services may not be available in all states. This is due to the different laws and regulations in each state, which the company must comply with. JG Wentworth is committed to following all federal and state laws and regulations, so the availability of services may depend on the laws and regulations of each state.
JG Wentworth provides financial services to customers in many states, but the availability of services may vary by location. Customers who are interested in utilizing JG Wentworth’s services should check the company’s website or contact its customer service team to learn if its services are available in their state. The company’s knowledgeable professionals can also provide information about any restrictions or limitations that may apply to its services in certain states.
JG Wentworth’s services may be available in certain states, but customers should be aware that the terms and conditions of these services may vary based on the laws and regulations of their state. JG Wentworth is committed to providing transparent and accurate information to its customers, regardless of the state they are located in. It is important for customers to be aware of any differences in the terms and conditions of their services in order to make informed decisions.
Are Customers Able To Choose Between Lump-Sum And Periodic Payments?
Customers who choose to sell their structured settlement or annuity payments to JG Wentworth have the option of receiving a lump-sum payment or periodic payments. With a lump-sum payment, customers get immediate access to the funds that would otherwise be paid out over a period of time. Alternatively, periodic payments allow customers to make future payments and continue receiving regular payments over time, even if only a portion of the value of their payment stream has been sold to JG Wentworth. This provides customers with the flexibility to choose the payment method that best meets their needs.
When deciding between a lump-sum payment and periodic payments, customers should consider their financial needs and goals. A lump-sum payment can be advantageous if the customer needs a large sum of money quickly, such as for a major purchase or to pay off debt. On the other hand, periodic payments may be more suitable for customers who need a steady stream of income to cover ongoing expenses or to plan for the future. Ultimately, the customer should carefully weigh future payments against their financial goals and needs before making a decision.
JG Wentworth is dedicated to helping their customers make the best decisions for their finances. With a team of experienced professionals, JG Wentworth can assist customers in evaluating their options and selecting the payment structure that best fits their individual needs. The company is committed to providing customers with clear and accurate information about all payment options, as well as associated fees, before finalizing any transactions. JG Wentworth is dedicated to making sure customers have all the resources they need to make informed decisions about their finances.
How Do I Sell Structured Settlements, Annuities, Or Lottery Payments To JG Wentworth?
Here is an overview of how structured cash settlements, annuities sales, or cash lottery payments can be sold to JG Wentworth:
- Contact JG Wentworth: The first step is to contact JG Wentworth to discuss your financial situation and the payments you would like to sell. You can contact the company online, by phone, or through its mobile app.
- Receive a free quote: JG Wentworth offers a free quote to customers after reviewing their information. This quote provides an estimate of the lump-sum payment that can be made in exchange for future payments. This is an easy way to get an estimate of the amount of money that can be earned from selling future payments and is a great way to explore the potential of selling future payments.
- Review the offer: Taking time to review a JG Wentworth offer thoroughly is crucial when evaluating it. Contact JG Wentworth’s team of professionals for assistance in assessing whether the offer meets your financial needs and goals. Their team can offer you helpful advice and answer any questions you may have. By doing research and evaluating the offer, you will be able to make the best decision for your financial future.
- Sign a contract: Signing a contract with JG Wentworth is an important step to complete when you decide to proceed with a transaction. The contract will provide all the necessary details about the transaction, including the amount of the lump-sum payment and any associated fees. It is important to read through the contract carefully before signing it to make sure you understand the terms and conditions.
- Court approval: In some cases, the sale of structured settlements or annuities may require court approval. JG Wentworth can help you navigate the court approval process and ensure that all necessary steps are taken to complete the transaction.
- Receive payment: Once you’ve finished the transaction with JG Wentworth, you’ll receive your lump-sum payment according to the agreement you made in the contract. This payment is yours to use however you like, so you can decide whether to save it, invest it, or spend it on whatever you choose. With JG Wentworth, you’ll have the freedom to do whatever you want with your money, and you can rest assured that you’ll get your payment in the amount you agreed upon.
Structured settlements such consent will, annuities, and lottery payments are complicated and difficult to sell. It is important to understand the details of each transaction in order to complete the process successfully. JG Wentworth offers personalized guidance and support every step of the way to make the process easier. To get the most value out of your transaction, their experienced team of professionals can help you through the process and understand your specific needs.
JG Wentworth Purchases Structured Settlements, Annuities, And Lottery Payments. What Are The Qualifications?
Here are some general requirements for companies interested in selling structured settlements, annuities, or lottery payments to JG Wentworth based on the specific details of the deal and the value of each payment stream:
- You must be at least 18 years old: If you are looking to sell your structured settlement, annuity, or lottery payments, it is important to note that you must be at least 18 years old or the legal age of majority in your state in order to do so. This is a standard requirement and is necessary in order to complete the sale. It is also important to be aware of any other laws that may apply to your particular sale, as these can vary from state to state.
- You must be the rightful owner of the payments: If you want to sell structured settlements, annuities, or lottery payments, you must demonstrate that you own them. This means that you need to prove that you are the legal owner of the payments. This can be done by providing copies of documents such as wills, trust agreements, and other evidence. If you have inherited the payments, you will need to provide additional documentation to show that you are the rightful owner of the payments.
- Your payments must be non-transferable: If you are receiving payments from a structured settlement or annuity, it is essential to understand the terms of your agreement. In some cases, the terms may state that your payments are non-transferable. This means that you may not be able to sell them or transfer them to another party. While this can be an inconvenience, it is important to understand the terms of your agreement and abide by them in order to protect your rights.
- You must have a valid reason for selling: JG Wentworth requires customers to have a valid reason for selling their structured settlement, annuity, or lottery payments. Such reasons may include a need for immediate funds for a large purchase or to pay off debt. It is important to remember that this type of transaction should not be taken lightly and it should only be done with careful consideration and a valid reason.
- The transaction must comply with applicable laws and regulations: JG Wentworth ensures that all of its transactions are conducted in accordance with relevant federal and state laws and regulations. The specific requirements of the transaction can change depending on the laws of the state.
When considering selling your structured settlements, annuities, or lottery payments to JG Wentworth, it is important to keep in mind that the specific qualifications for selling to them may vary depending on the particulars of your payment stream. This is why it is beneficial to contact JG Wentworth and consult with their team of professionals to determine if you are eligible for their services. They will be able to provide personalized guidance and support to help you make the best decision for your situation.
How Do I Qualify For JG Wentworth’s Debt Relief Program?
The debt relief program offered by JG Wentworth may have specific requirements for participating. The following factors may be considered:
- Level of debt: JG Wentworth’s debt relief program is designed to help individuals who have a significant amount of unsecured debt, such as credit card debt or medical bills. The main goal of this program is to help individuals get out of debt and back in control of their finances. The level of debt required to qualify for the program may vary depending on the individual’s situation.
- Ability to pay: JG Wentworth’s debt relief program is designed for those who are having difficulty making their monthly payments and may not be able to pay off their debts on their own. To be eligible, you must be able to demonstrate that you have a real financial hardship and are unable to make the minimum payments. This program is designed to help those who are in need of financial assistance to better manage their debt and get back on the right financial track.
- Types of debt: JG Wentworth’s debt relief program can help individuals manage their unsecured debts such as credit card debt and medical bills. However, the program may not be able to help with secured debts such as mortgages or car loans.
- Credit score: Your credit score can be a factor in determining eligibility for the JG Wentworth debt relief program, but having a low score doesn’t mean you can’t qualify. Depending on your particular situation, the company may still be able to help you reduce or eliminate your debt.
- State of residence: If you are considering using JG Wentworth’s debt relief program to help you manage your debt, it’s important to know that the program may not be available in all states. You should contact the company directly to determine if the program is available in your state of residence. Depending on the state you are in, you may be eligible for different debt relief services or other types of financial assistance.
When considering eligibility for JG Wentworth’s debt relief program, it is important to note that while there are general factors that may be taken into consideration, the specifics of qualifications and requirements may vary depending on the particular details of one person’s financial situation and the laws and regulations of their state. Fortunately, JG Wentworth offers personalized guidance and support to help individuals determine whether or not they qualify for their debt relief program.
JG Wentworth Can Be Contacted In What Ways?
Several channels are available for customers to contact JG Wentworth. They include:
- Phone: JG Wentworth is dedicated to providing excellent customer service, and has a team of knowledgeable and friendly representatives available to answer any questions or concerns you may have. If you need assistance, you can call 866-688-9669 to speak with a representative. They will be glad to help you and provide any information you need. With JG Wentworth, you can always count on receiving the best customer service possible.
- Email: If customers have any questions or need support regarding JG Wentworth services, they can easily send an email to [email protected] for assistance. All emails will be responded to promptly and all queries will be answered in a timely manner. The customer service staff are knowledgeable and friendly and will be able to answer any and all questions that customers may have. JG Wentworth is committed to providing excellent customer service and will go the extra mile to ensure that all customers are satisfied.
- Online form: JG Wentworth offers its customers the convenience of a contact form on its website for requesting a call back from a representative. By filling out the online form, customers can easily provide their contact details, ask questions, and provide additional information to ensure that their call back is as efficient and helpful as possible. This makes it easy for customers to quickly reach out to the company and get the answers they need.
- Live chat: The live chat feature on JG Wentworth’s website is a great way for customers to get fast help and answers to their questions. Through this feature, customers can instantly connect with a representative and have a real-time conversation. Live chat is a convenient and efficient way to get personalized help with any issue that arises. With this feature, customers can get the help they need without needing to wait on hold or send an email. This feature makes it easy to contact JG Wentworth and get the assistance they need quickly.
JG Wentworth provides convenient customer service solutions to make it easy for customers to get the help they need. Customers can choose to communicate with JG Wentworth via either phone calls, email, or live chat, depending on their preferences and the urgency of their request. This system of multiple channels of communication enables customers to quickly and easily get the information they need. JG Wentworth is dedicated to providing the best customer service available and is committed to helping customers in any way they can.
JG Wentworth BBB Reviews
JG Wentworth is widely respected in the financial services industry, with an established history of ethical customer service. Since 1996, the company has earned and maintained an A+ rating from the Better Business Bureau (BBB), the highest possible rating awarded by the organization. This rating is a testament to JG Wentworth’s commitment to providing customers with the very best in financial solutions, as well as their dedication to conducting business in an ethical and above-board manner. With JG Wentworth, customers can rest assured that they’re in good hands.
JG Wentworth has an average rating of 4.23 stars out of 5 based on 141 customer reviews, as reported on the BBB website. This rating is not perfect, but shows that the company has generally positive feedback from its customers. It is important to remember that customer experiences can vary greatly and that individual results will depend on specific situations. Therefore, it is important to read customer reviews and make an informed decision when considering this company.
JG Wentworth has had 87 complaints closed in the last three years according to the BBB. Although this number may appear large, it is important to take into account the size of the company and the number of customers they serve. JG Wentworth has a large customer base and handles a high volume of transactions, which can lead to an increase in complaints. Despite this, the company is still dedicated to providing excellent customer service and resolving any issues quickly and efficiently.
JG Wentworth has not only earned an A+ rating from the Better Business Bureau, but it has been accredited by the BBB for over 20 years. This high rating and long-term accreditation illustrates JG Wentworth’s commitment to providing top-notch customer service and engaging employees in ethical business practices. While customer experiences joined jg wentworth may differ, the company has generally received positive feedback from its customers, and the business has an impressive track record of resolving any complaints that may arise.
Here are some reviews:
They are not truthful and I spent 8 months waiting and watching the money and my credit score go from 685 to 520. It’s not worth it if you have great credit or decent credit don’t fall for this program it is a scam
Rashana S. 01/26/2023
They Took advantage of me during covid and told me I was getting a good deal…. after I told them I was going homeless and I needed to sell my annuity to get a place they took 40% of my last annuity I was 22 and scared I was going homeless at the time and now I have no money left from my annuities after they hounded me multiple times before that… out of 300k I saw maybe 130k of it…. now I’m honestly depressed and wishing I never dealt to deal with them. DO NOT SETTLE FOR ANYTHING UNDER 15% when selling your annuity to them. That is the base offer they’re supposed to give to you. Instead, I was gouged because they knew I was vulnerable. -Anthony Senn
Anthony S. 01/18/2023
This company will lie and miss lead you when they say they can help you consolidate your debt for less than you owe and quicker. They neglected to tell us they would charge us 25% of the balance of our credit cards before negotiating them down. So we actually paid them more money than we would have. We were told our credit would take a small hit but they would have our credit cards taken care of in 3-6 months one year later our credit had dropped over 200 points. they still had not worked out an arrangement with one of the 3 cards. We explained to them when they called we were making minimum payments since our 3-year is was going through cancer treatments out of state. Then she passed because the doctors messed up we were getting a wrongful death settlement in the year. They still swore we would pay less if we signed up with them. We had to take care of one card our self cancel the other 2, and we were able to negotiate a lower payment with the credit card companies since we were paying it in full instead of JG Wentworth making small payments to them so they could take there 25% of the original balance first. We paired them almost 5000 dollars and all they paid was 1200 to one card just over 100 to another and nothing to the 3rd card. After closing the account and having them removed I explained we should not owe them 25% when they did not do their jobs, lied, and miss lead us. They knew we wanted to sell our house and move by the end of the year because it had been way too hard being in the house I watched my baby girl die in but they didn’t care. They’re refunding about 700 that they had in trust for their payments. For all the hard work they did screwing us over they profited almost 4000 for basically nothing but destroying our credit and any chance of us moving. I really encourage anyone looking to consolidate not to work with them. We have spoken to a lawyer and will be taking them to court. Their excuse is we signed the contract, but they failed to do their job.
Casondra P. 01/14/2023
JG Wentworth FAQs
How does a structured settlement work?
A: A structured settlement is a financial arrangement in which a person who has been awarded a legal settlement or court judgment receives regular cash payments more money, over a set period of time more money.
In what circumstances should I sell my structured settlement payments or annuity payments?
A: The decision to sell your structured settlement or annuity payments is a personal one that should be carefully considered. It is important to weigh the benefits and risks of selling your payments before making a decision. JG Wentworth can provide you with information and guidance to help you make an informed decision.
How long does it take to receive a lump-sum payment from JG Wentworth?
A: The process of selling and funding your structured settlement or annuity payments to JG Wentworth typically takes several weeks. Once the sales transaction and funding is complete, you will receive your lump-sum cash payment.
Does JG Wentworth restrict the use of lump-sum payments?
A: No, once you receive money from your lump-sum payment from JG Wentworth, you can use the money from it however you wish.
Q: What are the fees associated with JG Wentworth’s debt relief services?
A: The fees paid for JG Wentworth’s debt relief services vary depending on the specific services provided. The company will provide you with a clear and transparent breakdown of all fees before you agree to any future services.
When it comes to JG Wentworth’s debt relief services, what are the fees?
A: Yes, JG Wentworth has been in business for over 30 years and has established itself as a reliable business and reputable financial and life and services provider.
JG Wentworth provides a variety of financial services that can assist customers in meeting their financial goals. Despite the fact that their fees can be on the higher side, the experienced staff and flexible payment methods for companies they deal with make them a great choice for customers who are looking to liquidate their structured settlements, annuities, or lottery winnings. Their services are tailored to meet the needs of each individual customer, providing a reliable and secure solution for those looking forward to make the most of their financial resources.
JG Wentworth offers debt relief services to customers who are struggling with debt and are looking for a way to get back on track financially. Through their services, customers can negotiate lower payments, lower interest rates, and even reduce the amount they owe. However, it is important to remember that taking this route may have both positive and negative implications, so it is important to carefully consider the pros and cons and seek out guidance from a financial professional for advice. JG Wentworth’s services can be a great way to get out of debt and get back on your feet, but it is important to make sure it is the right decision for you.
JG Wentworth Review
Considering working with JG Wentworth, you might have seen some negative reviews online and wondered if they were legit. There have been some complaints about the company, but they aren’t scams. However, before you commit to working with them, make sure you understand the process and do your research.