JG Wentworth Review - Logo

Minimum qualifying debt:





3-5 years

Customer service:


Phone, email

Service limitations:


Not available in all states

Editorial Rating

JG Wentworth Debt Relief Service Review

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Minimum qualifying debt:





3-5 years

Customer service:


Phone, email

Service limitations:


Not available in all states

Consultation fees:



Cancellation fees:


Not specified

Service fee:



Types of debt:


Unsecured personal debt

JG Wentworth Review - Logo

Editorial Rating

The first step towards financial stability is getting rid of all your debt, followed by credit repair and credit rebuilding.

Our detailed JG Wentworth review will help you decide whether you should hire these professionals to help lessen the burden of debt and get on the right track.

Despite the numerous negative JG Wentworth reviews online, there is nothing to be found regarding their debt relief service. In our review, we will shed a light on all the positives and negatives sides of working with this company.

What Is JG Wentworth Best For?

As noted in the famous JG Wentworth commercial, this company is best for people that need cash now. On a more serious note, their debt relief service is best for people that have exhausted all other options for dealing with their debt and are left with the choice of negotiating their debt or a strategic bankruptcy.

Is JG Wentworth Legit?

Yes, this is a legitimate financial services company founded in 1991.

JG Wentworth offers structured settlement payment purchasing, debt relief services, and annuity purchasing. The company has an accredited BBB profile with an A+ rating. JG Wentworth is also an accredited member of the American Fair Credit Council (AFCC).

JG Wentworth Qualification Requirements

You can qualify for JG Wentworth’s debt relief strategy if you have a minimum of $10,000 in unsecured personal debt, medical debt, credit card debt, and certain student loans.

The company’s services are available in the following states:

Alabama, Alaska, Arizona, Arkansas, California, Florida, Georgia, Idaho, Indiana, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Mexico, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Dakota, Texas, Virginia, Washington D.C., Wisconsin.

How Much Can I Save With JG Wentworth?

There is no clear indication on their website about the percentage of your debt the company can cancel. What’s more, there are almost no JG Wentworth reviews from clients that have used their debt relief services.

A percentage of your savings will go towards paying their fee. Then, depending on the amount of debt that is reduced or canceled, you may need to pay income taxes for the amount that was written off.

We contacted customer support and a helpful employee gave us the following example:

Say you have a total debt of $20,000.
JG Wentworth would put you in a $400-per-month 3-year program.
The total cost, including the assumed fee, would be around $15,000.
The total savings from the program would be $5,000.

If you are in a similar situation, you would become debt-free of the accounts in 3 years compared to the 12-15 years it would take paying monthly minimums.
Be aware that it would take JG Wentworth around 4-6 months to reach an initial settlement agreement with creditors. This may have a short-term negative effect on your credit score. If you’re willing to face this temporary inconvenience, though, you will have the opportunity to improve your credit score throughout the remainder of the program.

JG Wentworth Services

JG Wentworth provides the following financial services:

Debt Relief

If you are eligible for JG Wentworth’s debt relief program, they will negotiate with credits on your behalf to reduce the amount you owe.

Structured Settlements

JG Wentworth works with clients that want to sell their structured settlement. If you are receiving periodic payments from a structured settlement, you have the opinion to sell it for a lump sum of cash.

Casino & Lottery

Lottery and casino winners are typically offered two options of how to receive their prize: as a lump sum or annuity. If you choose the latter but face major expenses, JG Wentworth can purchase your lottery payments and provide you with a lump sum payment that you can use to meet your current needs.

Annuity Purchasing

Besides structured settlements, JG Wentworth can help you sell other types of annuities (e.g. inheritance annuity).

How Does JG Wentworth Work?

To get started with JG Wentworth, visit www.jgwentworth.com to see if you qualify for their debt relief program. A representative will work with you to find out which of your debts are eligible for their program.

The company team will then negotiate with your creditors and aim to reduce your debt — whether it is partial or total debt cancellation.

During this time, you will be making monthly payments into a dedicated savings account. The money will be used to pay off your creditors. The JG Wentworth fee will also be deducted from this amount.

It is important to talk about the potential consequences of debt relief programs. During the duration of this program, you will be encouraged to stop paying off your debt and instead put the money in a dedicated account, while JG Wentworth negotiates with creditors.

If you fall behind on payments, you may incur late fees and your debt can even be sent to collections. This is one of the risks that you should be willing to take on before you enroll in this type of program. In addition, on-time payments are an important part of your credit history. So, this will also harm your credit score.

Lastly, there is no guarantee that the program will work and if it does, it is hard to say whether the debt settlement cost will be worth it in the end when you deduct the fees and the income tax you may need to pay for the written-off debt.

How Much Does JG Wentworth Charge for Their Debt Relief Services?

Debt relief or debt settlement companies aren’t allowed to charge upfront fees due to FTC rules and regulations. As a client, you will be making on-time payments into a dedicated savings account. JG Wentworth charges fees only for the debt they have negotiated.

This applies to other debt relief companies too. If you are required to pay upfront fees for debt settlement or debt negotiation, it may be a scam.

JG Wentworth charges a percentage of your debt as a fee, which will vary by state. While the exact percentage isn’t disclosed on their website, they note that their fee is reasonable. According to various sources, the fee ranges between 9% and 15% of the client’s debt.

JG Wentworth Customer Service

If you have any questions regarding JG Wentworth’s debt relief services, you can call a company representative, or email them.

Hours of operation:
Mon – Thurs: 8 am – 11 pm EST
Fri: 8 am – 9 pm EST
Sat: 9 am – 6 pm EST

We tried contacting support via email, and we received a reply to our question within one business day.

JG Wentworth User Reviews

Let’s check out the positives and the negatives outlined in the JG Wentworth reviews left by users.

The Positives

Most of the JG Wentworth reviews on third-party rating sites are positive.

The JG Wentworth Debt Relief profile on Consumer Affairs also has a lot of 5-star ratings, giving the company an average score of 4 stars. We feel the need to point out that the company is an accredited partner of Consumer Affairs, so it is no surprise that their page has mostly positive JG Wentworth reviews.

The reviews about the Debt Reliefs service from JG Wentworth on Trustpilot are also mainly positive. Clients were satisfied with how fast and easy the process was, and they also saw results.

The Negatives

Even though JG Wentworth has an A+ customer rating on the BBB platform with a good number of positive reviews, there are some complaints.

Some clients felt that JG Wentworth was a predatory company. They stated that they got a horrible deal when selling their annuities, and they felt it was a ripoff. In addition to this, JG Wentworth uses pushy marketing techniques, which has caused some clients to send a cease and desist.

There aren’t a lot of JG Wentworth reviews on Reddit, but in the few posts available, users felt the same — the company takes a large chunk of clients’ money.

But seeing how most of these JG Wentworth complaints were written by clients using their other services, we can’t outline the negatives of the company’s debt relief program.

Is JG Wentworth Best for You?

If you have at least $10,000 in unsecured debt and aren’t sure how to tackle it, then JG Wentworth may be able to help lessen your financial burden.

In our JG Wentworth review, we discussed the basics of the company’s debt relief program. To find out if you are eligible, schedule a free consultation with one of their representatives and discuss your options.

Alternatives of JG Wentworth

Which debt relief companies are JG Wentworth’s main competitors?

JG Wentworth vs CuraDebt

The minimum qualifying debt for CuraDebt’s program is $5,000. On average, this company charges 20% of your total debt.

What makes this vendor stand out are the debt settlement letters featured on their website which serve as proof of their success in eliminating debt.

To find out which company is right for you, compare our CuraDebt review with our JG Wentworth review.

JG Wentworth vs Freedom

You need at least $7,500 in debt to use Freedom’s services. Their fees range from 15% to 25%.
If you have less than $10,000 in debt, then CuraDebt and Freedom may be better options for you.

For more details about Freedom, check out our detailed review.

Wrap Up

With competitive fees and numerous satisfied clients, JG Wentworth’s debt relief service does sound promising.

After a free consultation with a knowledgeable professional, you can start on the path of debt-free living.


  • A+ BBB rating
  • Free consultation
  • Member of the AFCC
  • Negotiates with all of your creditors
  • Experienced financial services company


  • Not available in all states
  • No positive outcome is guaranteed
  • Potential consequences (credit score impact and collections)
JG Wentworth Review - Logo

Editorial Rating


What is JG Wentworth?

JG Wentworth is a financial services company, most famous for their 877 Cash Now commercial. Among other services, JG Wentworth offers debt relief for personal loans and other types of unsecured debts, such as credit card debt, medical bills, and certain student loans.

How long will it take me to pay off my debt if I enroll in JG Wentworth’s debt relief program?

Most of their clients have managed to pay off their debts in 3 to 5 years, though the total duration of the program varies by client.

Will debt relief ruin my credit?

Depending on the method you choose to get out of debt, debt relief may have minimal to severe impact on your credit score. Debt settlement (also known as debt negotiation) and bankruptcy impact your credit score the most and will be included in your credit report from 7 to 10 years. These two options are used as a last resort to get out of debt. It is recommended to consult a bankruptcy attorney, to figure out if a Chapter 13 bankruptcy or a Chapter 7 bankruptcy is the right option for you.

A debt consolidation loan or a balance transfer credit card are ways in which you can work on paying off your debt while saving on interest. Taking out a new loan requires a hard inquiry that will impact your score. You will also be opening an additional account, which can be a risk factor. On the other hand, this increases your credit mix. In the long run, these methods probably won’t ruin your credit beyond repair.

A debt management plan can have an impact on your immediate score. Though if you pay off your debt, you will be increasing your score in the long run.

Is JG Wentworth trustworthy?

Judging by the sheer amount of negative JG Wentworth reviews online, their promises need to be taken with a grain of salt. However, those complaints pertained to their other services, so JG Wentworth may be as good as their competitors when it comes to debt relief.