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.
Jim
Florida,#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.