by Structured Settlement Watchdog
J.G. Wentworth Deceptive and Misleading Structured Settlement Advertising
The home page of JG Wentworth*, which recently underwent its second bankruptcy in 9 years last year, displays an African American man in a suit vest being showered in $20 bills. His facial expression is that of a person who has won the lottery. Given that doing business with J.G. Wentworth, or any of its competitors is guaranteed to be a money loser 100% of the time, there is just no excuse for such an ad targeting African Americans, let alone anyone else. When a so-called industry leader publishes such an ad it destroys the sinking credibility of an unregulated industry that insiders freely admit is in a race to the bottom.
J.G. Wentworth Bluff Take
J.G. Wentworth also displays on its home page an infographic that says "Take a Little, Take a Lot or Take it All". The "take it all" is a complete lie by J.G. Wentworth because J.G. Wentworth and those who invest in its securitizations will take it all, and pay you pennies on the dollar. Nobody, but nobody can "take it all" if they sell their structured settlement to J.G. Wentworth , or anyone else. You can sell it all, if a judge approves, but you cannot take it all. You always lose money by selling. Totally shameful by J.G. Wentworth.
* as it appeared on June 9, 2018 at 11am