Financial Education

Financial Education

Nearly all americans worry about their finances if they were to be hospitalized
Financial Education

Apr 1, 2026

13 min

The true cost of medical emergencies

Bankruptcy is more stressful than buying a home, having a child, getting married or experiencing bereaevement
Financial Education

Mar 17, 2026

11 min

America On The Brink of Bankruptcy

Explore what’s pushing Americans to the brink of bankruptcy, from rising living costs to growing debt, and how people rebuild their finances after filing....
Common reasons for debt main callout image
Financial Education

Mar 5, 2026

11 min

The Most Common Reasons for Debt

New research reveals the leading causes of personal debt in the U.S., along with its effects and the strategies people use to manage it....
Man applying for credit card online. Wondering about the 2 3 4 bank of america rule
Debt Resolution, Financial Education

Feb 5, 2026

18 min

What is the 2/3/4 Rule for Credit Cards?

The 2/3/4 rule is a Bank of America-specific policy that limits how frequently you can open new credit card accounts with the bank....
Map of US and which states offer second chances
Financial Education

Feb 2, 2026

10 min

The Best States for Second Chances

Study reveals the best and worst U.S. states for exemptions, benefits, credit repair, and attorney fees for recovering after financial difficulties....
JGW_Life of debt_V1_Per state
Financial Education

Dec 2, 2025

10 min

Life of debt

How much debt does the average American accumulate in their lifetime? And how does this vary per state? A new study by JG Wentworth finds out....
Man looking at financial agreement looking at cash advance limit
Financial Education

Oct 13, 2025

4 min

What is a Cash Advance Limit?

A cash advance limit is the maximum amount of money you can borrow as an advance through a particular financial product....
White divided road sign mark on asphalt with 3 different colored piggy banks going to different directions.
Financial Education

Oct 13, 2025

6 min

What is a Cash Advance?

The term "Cash Advance" can be used to reference a range of financial products. Learn about the different types of cash advance products....
Debt numb chart
Financial Education

Sep 17, 2025

12 min

Debt Numb: The correlation between increasing debt and levels of stress

New survey examines the relationship between debt levels and stress, to find if – and when – Americans become “debt numb”....
two piggy banks on scale, representing comparison between cash advance app and predatory payday loan
Financial Education

Aug 25, 2025

4 min

Cash Advance Apps vs. Payday Loans: What’s The Difference?

Cash advance apps and payday loans both aim to solve the same problem: a gap between now and your next paycheck. See what's different....
Woman on phone with Cash symbol floating above phone screen
Financial Education

Aug 25, 2025

4 min

Pros and Cons of Using Cash Advance Apps

Let's look at the pros and cons of cash advance apps. While they can be convenient, they are not perfect for every situation....
Man on couch holding cash in one hand and phone in other
Financial Education

Aug 25, 2025

3 min

Do Cash Advance Apps Check Credit?

Cash advance apps have become a popular way to get money before payday. But do cash advance apps check credit?...

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?