JG Wentworth Debt Settlement Reviews

Dena Standley | March 16, 2023

“A debt-free life is possible!”

This statement is the first thing you'll see when you visit JG Wentworth’s official website. They promise clients they will lower their debt and help them get out of debt faster. While they have managed to help thousands of consumers do exactly that, they have also frustrated many others.

JG Wentworth is a legitimate debt settlement company that has been in business for over thirty years. Other services they provide are structured settlement and annuity purchasing services. In this article, we’ll examine JG Wentworth’s debt settlement services and whether or not they are worth the trouble.

While debt settlement can be a great option if you are struggling with debt, you should take a close look at JG Wentworth’s debt settlement services before enrolling in their program. Alternatively, you can take matters into your own hands and settle your debt with the help of SoloSettle.

How does JG Wentworth work?

JG Wentworth works with consumers to help them manage their debt and recover financially. They start this process by assisting them in developing a debt relief plan that fits their financial situation. Debt settlement is often the only option for consumers with multiple debts and poor credit scores.

JG Wentworth assigns you a debt specialist to go through the entire process with you and help you get out of debt in 24–48 months. These are the steps you will go through if you work with them:

1. Submit your personal and debt information on their online platform.
2. A debt specialist will contact you to assess your debt situation and if you qualify.
3. Enroll in the program by signing documents and opening a savings account with a debt payment processing company.
4. Begin making monthly payments for six to twelve months.
5. A debt specialist negotiates with your creditors for a settlement deal.
6. Once you approve the settlement deal, the payment processing company will send money to the creditors until you clear the debt.
7. After you pay the debt in full, the creditor will report “debt settled in full” on your credit report.

JG Wentworth promises to give you the support you need throughout the settlement process. They claim to keep in touch every step of the way, contacting consumers whenever there is an update regarding their case.

JG Wentworth customer reviews

Despite their promises, JG Wentworth has received negative reviews on various platforms. For example, they have 85 complaints on their Better Business Bureau profile, and Trustpilot shows that 165 consumers gave a 1-star review of JG Wentworth debt settlement. The complaints submitted mention the following:

• Lack of proper communication
• Failure to keep their promises
• Charging exorbitant fees
• Failure to close accounts on time

Below is an example of a real complaint against JG Wentworth, taken from their BBB profile.

“I quit my job on 2/2021 and joined JG Wentworth to help with my bill payments. I kept my end of the bargain and paid JG Wentworth, sometimes two to three times. They get from me $250. In April, I was told I would get a new negotiation, then they said in May. They told me I needed more money in escrow. I currently have $1,154.59 in escrow, and they are getting another $250 on Friday. I have four accounts still waiting to be negotiated, and two accounts are prelegal. I asked if they could settle one or both of the accounts in prelegal and was told that I needed more funds in escrow, a 17-month program. JG Wentworth said to me if I paid more money, I could complete the program. I have a new job and pay JG Wentworth on time. Their delay is affecting my credit score and my credit.”

Despite the negative reviews, JG Wentworth has maintained a decent star rating on most platforms, a 4.8-star rating on Trustpilot, and a 4.24 on the BBB page.

Action to take when JG Wentworth violates your consumer rights

The Fair Debt Collection Practises Act and debt settlement laws protect consumers from being scammed and harassed. They hold these debt settlement companies accountable for malpractice and often require them to correct the error or face a lawsuit.

JG Wentworth has been sued on several occasions by CFPB due to unfair business practices, more often in the structured settlement area. If you have been treated unfairly by JG Wentworth, report them to the Fair Trade Commission or submit a complaint to the CFPB platform.

There are numerous negative reviews on JG Wentworth Debt Settlement, and a common theme is a lack of transparency in how much the debt settlement process will cost. Even among satisfied consumers, the time spent working on their debt settlement program could have been reduced if the consumer had the tools to settle their own debts confidently. Consumers are also often caught unprepared for the ongoing fees they pay to have JG Wentworth negotiate their settlement offers.

SoloSettle tool gives consumers the ability to settle debts themselves, safely and securely, with transparent pricing.

Settle debts on your own with SoloSettle

You can take matters into your own hands and settle your debts by yourself with the help of SoloSettle.

SoloSettle, powered by SoloSuit, is different from traditional debt settlement companies. Here’s how:

• You can settle the debt on your own with SoloSettle.
• You have legal defense built in with SoloSuit. You can respond to a debt lawsuit and fight off collectors in court while working on the settlement.
• You don’t have to make any payments until you’ve reached a debt settlement agreement.
• You can settle a debt of any size with SoloSettle. Many debt settlement companies require you to have a large debt of $15,000 or more to enroll.
• You stay updated with each step of the settlement process until an offer is accepted by your creditor or collector.

Check out this video to learn more about how to settle your debt on your own—once and for all.

What is SoloSuit?

SoloSuit makes it easy to fight debt collectors.

You can use SoloSuit to respond to a debt lawsuit, to send letters to collectors, and even to settle a debt.

SoloSuit's Answer service is a step-by-step web-app that asks you all the necessary questions to complete your Answer. Upon completion, we'll have an attorney review your document and we'll file it for you.

>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate

>>Read the NPR story on SoloSuit. (We can help you in all 50 states.)

How to answer a summons for debt collection in your state

Here's a list of guides for other states.

All 50 states.

• Alabama
• Alaska
• Arizona
• Arkansas
• California
• Colorado
• Connecticut
• Delaware
• Florida
• Georgia
• Hawaii
• Idaho
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maine
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Mississippi
• Missouri
• Montana
• Nebraska
• Nevada
• New Hampshire
• New Jersey
• New Mexico
• New York
• North Carolina
• North Dakota
• Ohio
• Oklahoma
• Oregon
• Pennsylvania
• Rhode Island
• South Carolina
• South Dakota
• Tennessee
• Texas
• Utah
• Vermont
• Virginia
• Washington
• West Virginia
• Wisconsin
• Wyoming

Guides on how to beat every debt collector

Being sued by a different debt collector? Were making guides on how to beat each one.

• Absolute Resolutions Investments LLC
• Accredited Collection Services
• Alliance One
• Amcol Clmbia
• American Recovery Service
• Asset Acceptance LLC
• Asset Recovery Solutions
• Associated Credit Services
• Autovest LLC
• Cach LLC
• Cavalry SPV I LLC
• Cerastes LLC
• Colinfobur
• Covington Credit
• Crown Asset Management
• CTC Debt Collector
• Cypress Financial Recoveries
• Delanor Kemper & Associates
• Eagle Loan of Ohio
• Educap
• Estate Information Services
• FIA Card Services
• Forster & Garbus
• Freshview Solutions
• Fulton Friedman & Gullace LLP
• Harvest Credit Management
• Howard Lee Schiff
• Hudson & Keyse LLC
• Integras Capital Recovery LLC
• Javitch Block
• Jefferson Capital Systems LLC
• LVNV Funding
• Mannbracken
• Mariner Finance
• Medicredit
• Michael J Adams PC
• Michael J Scott
• Midland Funding LLC
• Mullooly, Jeffrey, Rooney & Flynn
• Mountain Land Collections
• MRS Associates
• National Collegiate Trust
• Nationstar Foreclosure
• Northstar Capital Acquisition
• NCEP LLC
• NRC Collection Agency
• OneMain Financial
• Palisades Collection LLC
• Pallida LLC
• Paragon Revenue Group
• Pinnacle Collections Agency
• PMAB LLC
• Portfolio Recovery Associates
• Provest Law
• PYOD LLC
• Reunion Student Loan Finance Corporation
• Revenue Group
• Regents and Associates
• RSIEH
• Salander Enterprises LLC
• Second Round Sub LLC
• Security Credit Services
• Sherman Financial Group
• Suttell and Hammer
• T-Mobile
• Transworld Systems
• Tulsa Teachers Credit Union
• UCB Collection
• Velo Law Office
• Velocity Investments
• Waypoint Resource Group
• Weinberg and Associates
• Wolpoff & Abramson

Win against credit card companies

Is your credit card company suing you? Learn how you can beat each one.

• Bank of America
• Capital One
• Chase
• Credit One Bank
• PayPal Synchrony Card
• SYNCB/PPEXTR
• Synchrony Bank
• Target National Bank
• Wells Fargo

Going to Court for Credit Card Debt — Key Tips

How to Negotiate Credit Card Debts

How to Settle a Credit Card Debt Lawsuit — Ultimate Guide

Get answers to these FAQs

Need more info on statutes of limitations? Read our 50-state guide.

Why do debt collectors block their phone numbers?

How long do debt collectors take to respond to debt validation letters?

What are the biggest debt collector companies in the US?

Is Zombie Debt Still a Problem in 2019?

SoloSuit FAQ

If a car is repossessed, do I still owe the debt?

Is Portfolio Recovery Associates Legit?

Is There a Judgment Against Me Without my Knowledge?

Should I File Bankruptcy Before or After a Judgment?

What is a default judgment?— What do I do?

Summoned to Court for Medical Bills — What Do I Do?

What Happens If Someone Sues You and You Have No Money?

What Happens If You Never Answer Debt Collectors?

What Happens When a Debt Is Sold to a Collection Agency

What is a Stipulated Judgment?

What is the Deadline for a Defendants Answer to Avoid a Default Judgment?

Can a Judgement Creditor Take my Car?

Can I Settle a Debt After Being Served?

Can I Stop Wage Garnishment?

Can You Appeal a Default Judgement?

Do I Need a Debt Collection Defense Attorney?

Do I Need a Payday Loans Lawyer?

Do student loans go away after 7 years? — Student Loan Debt Guide

Am I Responsible for My Spouses Medical Debt?

Should I Marry Someone With Debt?

Can a Debt Collector Leave a Voicemail?

How Does Debt Assignment Work?

What Happens If a Defendant Does Not Pay a Judgment?

How Does Debt Assignment Work?

Can You Serve Someone with a Collections Lawsuit at Their Work?

What Is a Warrant in Debt?

How Many Times Can a Judgment be Renewed in Oklahoma?

Can an Eviction Be Reversed?

Does Debt Consolidation Have Risks?

What Happens If You Avoid Getting Served Court Papers?

Does Student Debt Die With You?

Can Debt Collectors Call You at Work in Texas?

How Much Do You Have to Be in Debt to File for Chapter 7?

What Is the Statute of Limitations on Debt in Washington?

How Long Does a Judgment Last?

Can Private Disability Payments Be Garnished?

Can Debt Collectors Call From Local Numbers?

Does the Fair Credit Reporting Act Work in Florida?

The Truth: Should You Never Pay a Debt Collection Agency?

Should You Communicate with a Debt Collector in Writing or by Telephone?

Do I Need a Debt Negotiator?

What Happens After a Motion for Default Is Filed?

Can a Process Server Leave a Summons Taped to My Door?

Learn More With These Additional Resources:

Need help managing your finances? Check out these resources.

How to Make a Debt Validation Letter - The Ultimate Guide

How to Make a Motion to Compel Arbitration Without an Attorney

How to Stop Wage Garnishment — Everything You Need to Know

How to File an FDCPA Complaint Against Your Debt Collector (Ultimate Guide)

Defending Yourself in Court Against a Debt Collector

Tips on you can to file an FDCPA lawsuit against a debt collection agency

Advice on how to answer a summons for debt collection.

Effective strategies for how to get back on track after a debt lawsuit

New Hampshire Statute of Limitations on Debt

Sample Cease and Desist Letter Against Debt Collectors

The Ultimate Guide to Responding to a Debt Collection Lawsuit in Utah

West Virginia Statute of Limitations on Debt

What debt collectors cannot do — FDCPA explained

Defending Yourself in Court Against Debt Collector

How to Liquidate Debt

Arkansas Statute of Limitations on Debt

Youre Drowning in Debt — Heres How to Swim

Help! Im Being Sued by My Debt Collector

How to Make a Motion to Vacate Judgment

How to Answer Summons for Debt Collection in Vermont

North Dakota Statute of Limitations on Debt

ClearPoint Debt Management Review

Indiana Statute of Limitations on Debt

Oregon Eviction Laws - What They Say

CuraDebt Debt Settlement Review

How to Write a Re-Aging Debt Letter

How to Appear in Court by Phone

How to Use the Doctrine of Unclean Hands

Debt Consolidation in Eugene, Oregon

Summoned to Court for Medical Bills? What to Do Next

How to Make a Debt Settlement Agreement

Received a 3-Day Eviction Notice? Heres What to Do

How to Answer a Lawsuit for Debt Collection

Tips for Leaving the Country With Unpaid Credit Card Debt

Kansas Statute of Limitations on Debt Collection

How to File in Small Claims Court in Iowa

How to File a Civil Answer in Kings County Supreme Court

Roseland Associates Debt Consolidation Review

How to Stop a Garnishment

Debt Eraser Review

Do Debt Collectors Ever Give Up?

Can They Garnish Your Wages for Credit Card Debt?

How Often Do Credit Card Companies Sue for Non-Payment?

How Long Does a Judgement Last?

​​How Long Before a Creditor Can Garnish Wages?

How to Beat a Bill Collector in Court