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About JG Wentworth Structured Settlements
JG Wentworth offers lump-sum cash alternatives to structured settlements or annuity payments. Whether the payments are from settlements, annuities or casino and lottery winnings, the company provides fast cash buyouts and flexible options for each customer. The company offers signing bonuses and cash advances and includes a best-price guarantee with all purchases.
Pros & Cons
Pros
- Best-price guarantee
- Customized options
- Free quotes
Cons
- Payments may take up to three weeks
- Credit score impact
Bottom Line
JG Wentworth is a lump-sum payment provider for annuities and settlements from lawsuits, lottery winnings and other sources. It makes cash available typically within three weeks, and fees range up to 15%.
Top JG Wentworth Structured Settlements Reviews
I have been working with Tim over the past couple of months, almost a year. My experience has been wonderful so far. If I have to make any other arrangements with anything, I will...
Read full reviewMy worker or agent was very good at keeping me up to date and helping me with any questions and whatever I had along the way to get thru the whole process..You couldn't ask for a ...
Read full reviewHow does JG Wentworth work?
JG Wentworth offers lump-sum payments to people who receive installment payments through a structured settlement or annuity. Structured settlements or annuities may have payouts lasting 30 years or more — JG Wentworth offers cash buyout alternatives that give customers immediate funds.
Call or fill out a form on the company’s website, and a representative will contact you within 24 hours. The JG Wentworth agent will help you arrange a lump-sum payment if you’re interested in cashing in a settlement. Its representatives help draw up the terms of your contract before having it approved by a judge. You typically receive your funds within two to three weeks after the contract is finalized.
How much does JG Wentworth charge?
The cost of selling your annuity or settlement to JG Wentworth varies based on the details of the agreement. Typically, JG Wentworth's fees range from 9% to 15% of the asset's total value. Its representatives provide free quotes over the phone to help you evaluate the cost of cashing in your structured settlement, winnings or annuity.
The company also offers a best-price guarantee to ensure you’re getting a good value for your assets.
JG Wentworth FAQ
How much money does JG Wentworth take from settlements?
JG Wentworth fees can range from 9% to 15%, depending on the details of your structured settlement or annuity. You can request a free quote for an exact estimate.
Is JG Wentworth worth it?
If you need cash quickly or would prefer to receive your payments as a lump sum, JG Wentworth may be worth the cost for immediate funding. During your initial consultation, the representative walks you through the asset’s cash value and fees.
Is JG Wentworth trustworthy?
JG Wentworth has worked with clients for more than 25 years and has many satisfied customers. Read reviews and complaints of current and former clients for a deeper look at its trustworthiness.
How long does it take to get your money from JG Wentworth?
It typically takes two to three weeks to receive your funds. Payment can sometimes be expedited to take as little as three days, but it depends on your contract.
Is JG Wentworth legit?
JG Wentworth is a reputable, reliable provider of lump-sum buyouts for annuity or structured settlement payments. It offers free, no-obligation quotes. Fees typically range from 9% to 15%, depending on the settlement’s value and the terms of your contract. Contact JG Wentworth online or over the phone for a personalized quote.
JG Wentworth Structured Settlements Reviews
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JG Wentworth has been wonderful. They check in several times a week when we get going through the process. As the process gets closer to the court, they check in once a week to make sure everything is going well and that I'm not changing anything that I want in the contract. Their rep logan contacted me after the settlement was paid out to make sure I was happy with their services. It was very nice.
But JG Wentworth started the bid very low and told me that was the best they could do. Genex came up with a better deal and JG Wentworth was able to find money somewhere in la-la land and put a better deal together. That's how we went back and forth. JG Wentworth went up significantly by almost $15,000 on that first transaction that supposedly wasn't available. I understand that they wanna make money but I don't particularly like being lowballed especially when it's $15,000 less.
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The process with JG Wentworth took a month and a half, but they didn't say it would happen overnight. Then, when I sold my annuities, it was around the holidays, but they were still able to schedule me a court date and they were really helpful. The phones were always available if I had questions. If they didn't message me right away or call me back, they would as soon as they were able to. Everything was explained well, too.
I dealt with Mike and he was really great. I was trying to consolidate some debt, do some home renovations, and fix the vehicle. I had a lot of things that I needed to do with the funds and at the end, I still needed a little bit to save because I didn't want to go back into debt. He totally helped me figure out a budget and how I was going to go about splitting the funds with what I had available and save afterwards. At first, I didn't know how much I wanted to sell and he told me that even if it was a little bit more than what I needed, it was better to go for a little bit more rather than not having enough money. He explained that it's better to do a sell once than twice. Also, I was more a texter than a caller. So if I messaged him and he was out of business hours, he would get back to me the next day when he was able to, so the customer service was awesome.
I sold annuities with them two times and by the second time, I already knew what to expect. They charge a lot to sell the annuities and that was the hardest part. With their help, I was able to get a new vehicle, I was able to pay off my land mortgage, I was able to do some home remodels, I was able to fix my vehicle, pay off some credit cards, and small loans.
Hi Maria! We are thrilled you had such a positive experience with Mike - thanks for sharing!
JG Wentworth is quite pushy. Once you do it, you got to keep it going. But they do everything that they said they're gonna do it. I've worked with them a few times. They're the only ones that will try to help you achieve your goal. But when it gets down to the crunch time, don't look for any kind of advance. Anything that they do gets taken out of your money even though you're getting screwed. It's difficult 'cause I still got to struggle until all that time is in close to my time in court. Once the court date is done, it’s gonna take a week for me to receive my funds. You get what you're paying for but it's not in there for the long haul. It's a band-aid. It's not really a fix.
Hi Anthony! We are glad you appreciate working with us - thanks for sharing!
When I contacted JG Wentworth, I liked the way the person represented the company, and how he was with me. His name was Chad. He was very respectful to me as far as giving me my options, but not making me feel pressured to make a decision right away. I didn't make a decision right away. It was something I laid out for a few months to decide if I actually wanted to pursue it. The first time I reached out was the summer, and I just wanted information and to get quotes to see. From there, I weighed out my options and wanted to see how the year played out for me. When I finally decided to go through with it, I sent Chad a text because I saw his information. That was early September and then, our court date got pushed off. It was about three weeks, but that worked out fine. It wasn't a big deal. The process was within seven weeks from start to finish.
Going through with it, in the long run, you are losing money. There's nothing you can do about it. Also, I don't feel like the lawyer that they hired did his research on me because when we went to court, he didn't even have my name right. He called me Rebecca and I was like, "No, that's not my name." I thought that was a little weird because, if a lawyer is going, they should know who you are. So, that was a little concerning to me.
I worked with Chad pretty much the whole time. There were two people, and one was overseeing Chad. Chad was very honest, and straightforward, and didn't beat around the bush. He gave me the information as it came and told me he would work on certain things. They gave me a $500 bonus, and they did everything that they said they were going to do.
Hi Rhonda! We are glad your experience has been going so well - we are excited to be on this journey towards the financial future you deserve!
I worked with Justin and he was the man. He always answered my call. If he didn't know the answer, he would get the answer and actually call me back with an answer. The process was nothing crazy but it was just time. I'm in the state of New York and New York is not simple. It's a real pain. The process took about five months, which is not normal. Other than that, it was fine. I'm doing very well now because of JG Wentworth and I'm thankful. I advise that you only do something like this if you can really capitalize on that. You want to make sure that whatever you're using and whatever you're doing, you're gonna get a return on it.
Hi Gershon! We are thrilled to hear how much Justin has been able to make a positive impact on your transaction - thanks for sharing!
The reps were nice for the most part. But when it came to the finance, it would have been better if they had a better offer. Other than that, applying was fairly easy and I can't complain about the service.
In the beginning when JG Wentworth was trying to get me, they were diligent. And they kept in contact well. The process took longer than what they said. But getting a court date scheduled was out of their hands.
Hi Ashley! We appreciate how much you enjoy working with our team - thanks for sharing!
I did my research on top three companies and there were more top and better reviews and better experiences with JG Wentworth. I decided to go with them. The application process wasn't that hard or long. Kai, the rep that was helping me, walked me through it over the phone as he sent me the email and I filled it out over the phone with him to make sure it was done correctly. JG was pretty straightforward. They didn't lie and try to take up deals.
I would like to see what kinda offer I can get again, please and thank you. I need about $40,000 to pay the rest of my house off I have purchased, I have went through y’all before and wouldn’t go anywhere else.
Hi Corey! We appreciate to hear how much you enjoy working with us. It looks like you have been in contact with a representative - we wish you the best of luck!
JG Wentworth took care of business, which is all that matters. The process took a couple of weeks because you gotta go through all the legal red tape to protect my interest and theirs. There was a lot of paperwork to keep everybody safe. But they did a good job. The customer support reps responded well.
Hi John! It is so nice you appreciate working with our team to find the best financial path for you - thanks for sharing!
JG Wentworth Structured Settlements Company Information
- Company Name:
- JG Wentworth Structured Settlements
- Website:
- www.jgwentworth.com