JG Wentworth Structured Settlements

JG Wentworth Structured Settlements

 4.3/5 (53 ratings)
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JG Wentworth Structured Settlements

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.

Overall Satisfaction Rating

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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

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Rated with 5 stars
Verified

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...

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Rated with 5 stars
Verified

My 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 ...

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How 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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Page 1 Reviews 0 - 5
Rated with 5 stars
Verified Reviewer Verified Buyer
Original review: Jan. 5, 2023

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.

JG Wentworth Structured Settlements response

Hi Maria! We are thrilled you had such a positive experience with Mike - thanks for sharing!

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    Rated with 4 stars
    Verified Reviewer Verified Buyer
    Original review: Dec. 2, 2022

    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.

    JG Wentworth Structured Settlements response

    Hi Anthony! We are glad you appreciate working with us - thanks for sharing!

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    Rated with 4 stars
    Verified Reviewer Verified Buyer
    Original review: Oct. 18, 2022

    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.

    JG Wentworth Structured Settlements response

    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!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: June 30, 2022

    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.

    JG Wentworth Structured Settlements response

    Hi Gershon! We are thrilled to hear how much Justin has been able to make a positive impact on your transaction - thanks for sharing!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: April 20, 2022

    Kai is the rep I talk to the most and he's absolutely amazing. At first, I called like three times a week and he was never rude. Then, we got to the point where I went to court and the insurance was about to give me the money, but then they wouldn't give me the money. Through the whole thing, Kai was very quick and he calls me all the time to let me know that everything's going well. He's been working really hard on my case and I really appreciate that. After all that stuff happened, he calls me once a week to let me know how things are going, which I really appreciate that I'm not just left wondering. I got very blessed to work with Kai and I would recommend asking to work with him if he's available. Also, JG Wentworth works fast and as soon as the court happens, JG Wentworth gets right to it.

    JG Wentworth Structured Settlements response

    Hi Jordan! We are pleased to learn about your positive experience working with us - thanks for sharing!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Jan. 5, 2023

    JG Wentworth's process took longer than I had liked, but overall, it was smooth. They had originally told me it would take as little as six weeks, and it ended up taking about three months. The rep I worked with had good communication. We communicated a lot through text, which was good for me. He was friendly, and my expectations were met.

    JG Wentworth Structured Settlements response

    Hi Drew! We are glad everything went well with the process - thanks for sharing!

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    Rated with 4 stars
    Verified Reviewer Verified Buyer
    Original review: Jan. 5, 2023

    The process was okay. They definitely got the job done. But they can improve in terms of communication and having a set deadline.

    JG Wentworth Structured Settlements response

    Hi Jamesley! It is great to hear how much of a positive experience you are having - thanks for sharing!

    Be the first one to find this review helpful
    Resolution In ProgressRated with 3 stars
    Verified Reviewer Verified Buyer
    Original review: Jan. 5, 2023

    The guy that I dealt with was just a salesman. He was out of the office and he didn't answer my text messages in a timely fashion. He didn't call me back. I would call into the office and speak to random other people that were more helpful than him. I got frustrated with him a couple of times, but he kept reiterating that, "Hey, I'm not in charge of the process. All I can do is push the paperwork, and then we have to wait for this and we have to wait for that." He just took himself out of the equation constantly. That caused a three-month delay in getting my money.

    In the way annuities are done, that would mean that I lost out on a bit of money because it was three months later. All of their buying power is based off of how long it takes for them to get their money back on the annuities. So if you have an annuity and it comes due in 10 years, they're gonna give you a lot less versus annuity if I have it and it comes out in five years. It's more guaranteed since that's coming in five years and not 10. So they're gonna give you a higher percentage of the total annuity. It's based on market value the day of. Even though the process took longer than expected and was promised, I got the money and JG Wentworth sent it all to me whenever the process was done and the judge had finally been seen and done the paperwork. But overall, I don't think that I would use them again.

    JG Wentworth Structured Settlements response

    Thank you for your message. This was an uncommon instance and we apologize for any inconvenience this may have caused you.

    If at any point you feel our services may be helpful to you again in the future, please feel welcome to reach back out to us.

    We wish you all the best,

    – JG Wentworth

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    Rated with 3 stars
    Verified Reviewer Verified Buyer
    Original review: Dec. 16, 2022

    There were a couple of hiccups. There were certain things that they were not very clear about as far as the timing and the process itself. But the process went okay other than that.

    JG Wentworth Structured Settlements response

    Hi Jennifer! We are glad everything is going well - thanks for sharing!

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    Rated with 5 stars
    Verified Reviewer Verified Buyer
    Original review: Dec. 3, 2022

    The process was fair. It was my first time working with JG Wentworth. Everything came out all right. They helped me with everything. I will recommend them to anybody else that needs help.

    JG Wentworth Structured Settlements response

    Hi Linda! We are glad you appreciate working with us - thanks for sharing!

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    JG Wentworth Structured Settlements Company Information

    Company Name:
    JG Wentworth Structured Settlements
    Website:
    www.jgwentworth.com