Information
JG Wentworth is a well known financial services company that has helped thousands of people get their money and get out of debt for over 30 years. They’re famous for their catchy jingle and offer a range of solutions to fit your financial needs including buying structured settlement payments, debt resolution, pre-settlement funding, buying annuities and buying lottery payments.
About Lender
JG Wentworth is a trusted financial services company that has been helping thousands of people get their money and get out of debt for decades. Famous for their jingle, they are dedicated to financial freedom, as stated by their many happy customers. They are committed to getting you the funds you need.
They offer a range of financial solutions, JG Wentworth buys structured settlement payments, debt resolution services, pre-settlement funding, annuities and lottery payments. These solutions help you get your money faster and relieve financial stress. Each solution addresses a specific financial problem, whether it’s getting settlement funds, managing debt or converting annuities and lottery winnings into lump sums to use now.
Key Features
Structured Settlement Purchasing. JG Wentworth is the nation’s leading structured settlement buyer.
Debt Relief Programs. JG Wentworth offers full debt relief services to help you get out of debt for good.
Pre-Settlement Funding. If you’re in a pending lawsuit and waiting for settlement money, JG Wentworth offers pre-settlement funding to pay your bills and living expenses during the litigation process.
Annuity Purchasing Program. JG Wentworth buys all types of annuities, immediate, deferred, variable, guaranteed and life-contingent.
Experienced Staff. With decades of experience JG Wentworth’s staff can handle all types of financial transactions and scenarios, they offer expert advice and support to their clients.
Court Approval and Conditions. Transactions such as the sale of structured settlement and lottery payments are subject to court approval and other conditions, so all transactions are done legally and ethically.
Pros and Cons
Decades of Experience. JG Wentworth has been buying structured settlements for decades so they are very experienced and reliable.
Range of Solutions. They offer debt relief programs, pre-settlement funding, annuity purchasing and lottery payment purchasing for all types of financial needs.
Financial Freedom. Their goal is to get their clients financial freedom whether you need to get money you’re owed or need help with debt.
Testimonials. They brag about the great feedback and reviews from their customers, they are committed to customer satisfaction and service.
Court Approval Required. Court approval and other conditions for transactions can take 60-90 days or more to process, not ideal for those who need funds fast. Issues with the application process and delays in getting funds can be frustrating and inconvenient for customers.
Company’s Discretion. All transactions are at JG Wentworth’s discretion, so some cases may not be approved for their services.
High APR’s and Fees. Debt relief services fees can hurt customers financially. High interest rates on loans and credit cards can add to the financial burden.
Past Legal Issues. Legal troubles like past lawsuits alleging deceptive advertising practices raise questions about the company’s honesty and transparency.
Reliability
How to Apply for a JG Wentworth Loan?
Visit website. Start by navigating to the JG Wentworth website.
Select Service. On the homepage, you'll find a list of services offered, including Structured Settlements, Debt Relief/Debt Settlement, Pre-Settlement, Annuities, Lottery Prize Payments, and Other Ways to Get Cash. Choose the service that best suits your needs.
Contact Information. Scroll to the section where you can enter your contact information, typically found as a form on the service page you are interested in. You will need to provide your first name, last name, email address, and phone number.
Service Interest. From the dropdown menu or selection list, specify which service you are interested in if prompted. This helps JG Wentworth tailor the response and assistance to your specific situation.
Submit Request. After filling in your details and selecting the service of interest, click the "Submit" button to send your request to JG Wentworth. This action consents to allowing JG Wentworth to contact you regarding product offerings by SMS/text messages or using an auto dialer at the provided phone number(s).
Wait for Contact. Once your form is submitted, wait for a representative from JG Wentworth to contact you. They will provide further instructions, discuss your situation, and explain the next steps in the process.
Provide Additional Information. Be prepared to provide additional details about your financial situation or the specific service you're applying for. This may include information about your structured settlement, annuity, or debt situation.
Review Offer. JG Wentworth will review your case and present you with an offer or plan tailored to your needs. Carefully review this offer to ensure it meets your expectations and financial goals.
Legal and Court Approval. For certain transactions, like the sale of structured settlements and lottery payments, be aware that court approval and other conditions are required. JG Wentworth will guide you through this process.
Complete Transaction. Follow through with the necessary steps as advised by JG Wentworth to complete the transaction. This may involve submitting additional documents, signing agreements, and waiting for court approval if necessary.
Conditions and Requirements
Conditions
Requirements
Ways to Receive the Money
Products
Reasons for Loan Refusal
While JG Wentworth doesn’t offer loans but rather buys structured settlements, annuities, lottery winnings and provides debt relief services, common reasons for loan refusal in general (which may be applicable to financial services like JG Wentworth’s) are lack of credit history, insufficient collateral, high debt-to-income ratio or not meeting the requirements of financial institutions. For services that require court approval such as selling structured settlements, legal obstacles or not meeting court conditions can hinder transactions. JG Wentworth emphasizes the importance of meeting specific conditions and getting court approval for structured settlements and annuity payments transactions, to ensure legal and regulatory compliance in these financial arrangements.
How to Repay a JG Wentworth Loan?
Repaying JG Wentworth doesn’t apply in the traditional sense of loan repayment. Customers work with JG Wentworth to get a lump sum in exchange for their future structured settlement payments, annuity payments or lottery winnings or to get help with debt relief which may involve negotiating debt settlements on their behalf. So individuals are not borrowing from JG Wentworth but rather selling their future payment rights or getting services to manage or reduce their existing debt.
JG Wentworth is a unique financial services company especially for individuals who need immediate access to their future payment streams or need debt solutions. Its reputation for buying structured settlements, annuities and lottery winnings and debt relief services makes it a major player in the financial industry for those in unique financial situations. The company’s jingle and marketing has made it a household name, a symbol of hope and financial freedom for many. But the need for court approval for transactions and the fact that these financial decisions can have long term effects on an individual’s financial health are things to be considered carefully. JG Wentworth’s services cater to a niche market with specific needs, not for everyone but can be a lifeline for those who are financially constrained or want to liquidate long term payment streams for immediate financial relief. This dual nature emphasizes the importance of understanding one’s financial situation before engaging with such services.
