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  • Report:  #1252802

Complaint Review: j g wentworth

j g wentworth J g wentworth I went to them with a structured settlement the first time 0utta 12,500 i got back like 9 grand and the second time out of 12,500 i got back like around 4 grand. i feel like i was ripped off for a lot of my lawsuit money. i feel they took advantage of me because i was young and didnt know any better what can be done about this? at the time they were based in Philadelphia Pennsylvania

  • Reported By:
    Deiverion — Bronx New York USA
  • Submitted:
    Thu, September 03, 2015
  • Updated:
    Fri, September 04, 2015

 When i was 20 1996 i went to j g wentworth to get out of debt they offered me out of $12,500, $9000. I was desperate at the time so i took the deal. I didnt know any better and me and my family were pressed for money, i took the deal. The second time 1998 i went back to them as i was trying to help my mom purchase a house. She was going through some rough times and i wanted to help. I had another $12, 500 check which wasnt due for 2 more yrs. Out of the pressure in trying to help my mom i took a deal from them which they gave me around $4,000 out of the $12,500 i was to recieve. At the time i knew nothing about finances and as i got older i feel i was ripped off for that money by j g wentworth.

1 Updates & Rebuttals


Jim

Florida,
USA

Done About What?

#2Consumer Comment

Fri, September 04, 2015

Did you read the paperwork?  This is a profit making operation.  The profit comes from them offering you less money very quickly and then they collect the full amount.  The difference between the two is their profit.  What can be done?  Its up to YOU to decide if you want to do business with them.  Nobody forced you.

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