February 14, 2008

JG Wentworth’s Better Business Bureau Record

JG Wentworth LogoHow important is a companies reputation when purchasing structured settlement payments from tort victims? JG Wentworth is one of the largest companies in the structured settlement factoring industry, but it is important to note this companies Better Business Bureau record. The illustration below depicts an interesting trend over the last 12 months.

JG Wentworth has received 20 complaints over the last 36 months, but over the last 12 months this company has received 10 of the 20 complaints which is a 100% increase from the previous 24 months.

What is the increase in complaints attributed to?

JG Wentworth Better Business Bureau Record

Related posts:

  1. Are Low Discount Rates Bad Business?
  2. Anyone Up For Some Structured Settlement Factoring Education?
  3. Why is it More Expensive to Sell Less?

9 Comments »

  1. [...] Media (DFM) wrote in their recent structured settlement wire that 321 Henderson, a J.G. Wentworth affiliate was denied a transaction in New York this past week. In their report DFM stated that a [...]

  2. DealFlow Media Inaccurately Reporting JG Wentworth Case » Settlement Quotes on July 8th, 2008 at 12:11 pm
  3. [...] Are you planning to sell your structured settlement for lump cash because of an urgent financial need like the expansion of your business or a new investment you like to make? If yes, you might be in search for the company for your settlements. One thing you need have is a critical mind to make sure you filter the feedbacks you hear about settlement issues. Have you heard about the sound name of JG Wentworth and the DealFlow Media issue, and have you checked the JG Wentworth BBB record? [...]

  4. Connection Charts » Blog Archive » Check BBB Record for your Settlements on August 7th, 2008 at 9:29 am
  5. [...] JG Wentworth’s BBB representative who stated to Richard M. Connelly, General Counsel of J.G. Wentworth that it was a mistake that their Better Business Bureau profile was without the satisfactory [...]

  6. JG Wentworth Gains Satisfactory Rating Back Overnight » Settlement Quotes on November 7th, 2008 at 1:27 pm
  7. I am in the process of trying to recieve the funds promised me by J.G.Wentworth. It had now been 30 days since the judge signed the paperwork. After many, many, many phone calls to different people and many, many lies, they will no longer take my phone calls and I STILL have no answer or monies that I desperatly am in need of!
    Thanks J.G. Wentworth. I will tell EVERYONE that this is the worst company I have ever delt with. Especcially for the ammount of monies they are recieving!

  8. Wayne Allen on January 8th, 2009 at 6:47 am
  9. We in process of selling a structured annuity
    with IGWentworth 321 Henderson receivabiles orgination
    LLC ,3993 Howard Hughes Parkway Suite 250 Las Vegas Nv 89169-6754 can any one give us feed back ?

  10. Cathy & Duane Surrency on January 29th, 2009 at 11:02 am
  11. I was considering selling an annuity to J.G. Wentworth, but upon receiving the contract paperwork from them, discovered that they wanted such information as permission to do a credit check, access to all my bank account information, access to my past years’ tax returns, permission for them to have power of attorney, and permission to make a stamp of my signature! To me, that smells like too much information. Why would they need all that?

  12. Barbara Bavier on October 12th, 2009 at 10:12 pm
  13. [...] for their clients to cash out their future payments as opposed to using companies likeĀ  JG Wentworth or Peachtree Financial. Clearscape Funding should be able to provide the best rates in the industry [...]

  14. Clearscape Funding Soliciting Structured Settlement Recipients » Settlement Quotes on July 17th, 2010 at 9:59 am
  15. JG Wentworth violates quite a few “laws” including good faith law. I have been lied to repeatedly, and when I call, I am told that everyone is in different departments. The lady on the phone said she was in sales, and yet not the same department as someone else in sales. How does this work? Isn’t the sales team all in the sales department? I was told that things would be finished by the end of May. Here it is, almost end of July, and still no resolution. This company is as bad, if not worse, than Peachtree Settlement

  16. Patrick on July 21st, 2010 at 11:39 am
  17. [...] a Google search on the company. Do you see any complaints? [...]

  18. 3 Cutting Edge Tips to Get the Most Money Selling your Structured Settlement » Settlement Quotes on August 4th, 2010 at 8:01 am

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