by admin
1. December 2011 11:27
Hi folks. J.G. Wentworth here, again.
I want to talk to you about one of the most common questions I get when it comes to selling structured settlement payments. Often times, people ask me if they're getting some sort of loan in exchange for their settlement payments.
Simply put, the answer is no. We don't deal in loans. If you decide to do business with us, understand that you're not borrowing against your future payments. There are other companies out there who will lend you money against your payments, which is very different from what we offer. I'd like to briefly explain the difference between borrowing from, and selling a structured settlement payment stream.
If you sell structured settlement payments to us, you sign over the future payments that you would have gotten. In return, we give you a lump sum, so you can have the cash on hand that you need.
Now, if you were to do business with a loan company or are looking for a loan, JG Wentworth is not the place. Once you sell some or all of your structured settlement payments to us, you won’t have to repay or owe us anything.
If you have questions about selling a structured settlement, contact one of my representatives today.