Debt Resolution

Debt Resolution

Woman looking in wallet for money next to calendar
Debt Resolution

Apr 9, 2025

6 min

How to Get Out of Payday Loan Debt

Payday loans can quickly become a debt trap with their high interest rates and short repayment terms. If you find yourself stuck in this trap, we’ll walk you through practical strategies to break free ....
United States savings bonds of varying amounts
Debt Resolution

Apr 9, 2025

8 min

Are Bonds Debt?

Let’s take a closer look at what bonds are, how they function as debt instruments, and the often-overlooked connections between the bond market and the struggles of everyday consumers with debt....
Gavel and Block with antique pocket watch on desk.
Debt Resolution

Apr 9, 2025

6 min

What is Time-Barred Debt?

Time-barred debt is a critical concept for consumers to understand in the world of personal finance. Does having time-barred debt work in or against your favor?...
For Sale Real Estate Sign In Front of Property.
Debt Resolution

Apr 9, 2025

6 min

Should I Sell My House to Pay Off Debt?

Let’s take a closer look at the key factors to consider when contemplating selling your home to pay off debt....
Image of Florida on Map
Debt Resolution

Apr 8, 2025

6 min

What is the Statute of Limitations on Debt in Florida?

Let’s take a closer look at Florida's statute of limitations on various types of debt, how these time limits work, what can restart the clock, and strategies for Florida residents dealing with old debts....
Close-up Shot of an Anonymous Woman Holding a Smartphone with a Stock Market Graph on Screen
Debt Resolution

Apr 8, 2025

6 min

Should I Sell Stocks to Pay Off Debt?

This guide will help you navigate the complex landscape of personal finance, investment strategy, and debt management....
File folder tab with debt replaced by savings
Debt Resolution

Apr 8, 2025

6 min

Should I Use My Savings to Pay Off Debt?

Should you use your savings to pay off existing debt. Let's explore....
Young man at computer in kitchen with questioning facial expression
Debt Resolution

Mar 27, 2025

4 min

Is Child Support Considered Debt When Applying for a Mortgage?

Concerned with how child support affects your ability to secure a home loan? Let's go over insights for both paying and receiving parents...
Frustrated young woman thinking of financial problems.
Debt Resolution

Mar 27, 2025

4 min

How Long Does Medical Debt Last?

Medical debt has unique characteristics that can significantly affect an individual's credit and overall financial health....
Close up image of the state of California on globe with terrain
Debt Resolution

Mar 27, 2025

6 min

What is the Statute of Limitations on Debt in California?

managing debt in California? Understand the statute of limitations, the implications for debtors and creditors, and important considerations regarding debt collection practices....
Electricity bills with light bulb and coins
Debt Resolution

Mar 26, 2025

6 min

Do Utility Bills Affect Your Credit Score?

Take a closer look at the connection between utility bills and credit scores....
Young smiling couple going over bills while sitting on the floor at home
Debt Resolution

Mar 26, 2025

7 min

What is Debt Investment?

Take a closer look at how debt investment works, its various forms, and practical applications for regular consumers like yourself....

The numbers we provide here are estimates based on some assumptions:

On your own:

Based on industry averages, we estimate a monthly compounding interest rate of 22.99% and that you are making a minimum payment that is 2.5% of your total debt.

JGW:

The length of your program is determined by your debt amount. Programs are between 24 and 60 months in length and average program length is around 42 months.

Savings amount is an estimate base on average customer savings on their monthly payment. Real results will vary and some customers will save more, less or not at all.

Disclaimer: The calculator on this web site is for estimation and educational purposes only. JG Wentworth makes no guarantees regarding its accuracy and specifically disclaims any and all liability arising from the use of this or any other calculator on this web site. Use at your own risk and verify all results with an appropriate financial professional before taking action. We are not registered investment advisers, attorneys, CPA’s or other financial service professionals and do not render legal, tax, accounting, investment advice or other professional services.

Your entered value is significantly different from our estimate. You can adjust it for accuracy, or continue as is.

FYI, this option
requires collateral

This could include items you own such as
Your vehicle
Housing fixtures
Using collateral can boost your approval chances and/or ability to secure a lower APR. Would you like to continue?