Financial Education

Financial Education

Family enjoying with outdoor activities sitting on swing with sunset on vacation.
Financial Education

Oct 30, 2024

7 min

How to Borrow Against Your Life Insurance Policy

Explore what it means to borrow against a life insurance policy, the options available to you, and how life settlements come into play when you need cash in hand....
Woman pondering selling portion of life insurance policy
Financial Education

Oct 16, 2024

7 min

Can You Sell Part of a Life Insurance Policy?

In this guide, we’ll explore what it means to sell a portion of your life insurance policy, why someone might want to do it, the process involved, and the pros and cons of taking this...
Life settlement for retirement
Financial Education

Oct 16, 2024

7 min

Can a Life Settlement Help with Retirement Planning?

Can a life settlement really help with retirement planning? Let's explore the details....
Rising stacks with coins and a red car in the background
Financial Education

Oct 15, 2024

8 min

Why Did My Car Insurance Rates Go Up?

Explore reasons your car insurance rates might have gone up, and explain some of the lesser-known factors that can impact your premiums....
Teenage girl learning to drive
Financial Education

Oct 11, 2024

6 min

How to Get Car Insurance for a Teen Driver

Learn how to get car insurance for a teen driver with this step-by-step guide. Discover tips to lower premiums, find discounts, and ensure your teen is covered with the best policy....
Financial Education

Oct 11, 2024

6 min

How Quickly is Paid Off Debt Removed from Credit Reports?

Many people assume that once a debt is paid off, it immediately disappears from their report. However, the reality is a bit more complex....
Life settlement agent going over details with life insurance policy holders
Financial Education

Oct 8, 2024

7 min

Reasons to Consider a Life Settlement

Understand what a life settlement is, how it works, and the key reasons it might be a good choice for you....
Grandfather and grandchildren
Financial Education

Oct 8, 2024

7 min

What Is a Single Life Settlement Option?

Single Life Settlement is a specific type of annuity designed to provide income over the beneficiary's lifetime....
Woman on phone discussing life settlement options
Financial Education

Oct 4, 2024

6 min

What Are Viatical Settlements?

Discover what viatical settlements are, how they work, their benefits, risks, and key considerations for policyholders....
Older couple shaking hands with life settlement agent after selling life insurance policy
Financial Education

Oct 4, 2024

5 min

How Do Life Settlements Work?

Learn how life settlements work, the process of selling a life insurance policy for cash, the benefits, risks, and factors to consider before making a decision....
Couple signing paper to cash out policy with life settlement
Financial Education

Oct 3, 2024

5 min

Types of Life Insurance Policies Eligible for Life Settlements

Explore the types of life insurance policies that are typically eligible for life settlements and the factors that influence eligibility....
Car accidents and insurance rates
Financial Education

Sep 27, 2024

7 min

How Long Does an Accident Affect Your Car Insurance?

How long will an accident impact my car insurance rates? The answer can vary, but there are some general trends to keep in mind....

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?