What Makes Debt Settlement Worth It?*

What are your financial goals?

Do you dream of buying a house? Or have you been stockpiling your PTO to take a big trip overseas? Maybe you need a new car, or you want to go back to school, or you’ve been fantasizing about how much better your life would be if you could finally remodel your kitchen.

Now ask yourself: what is getting in the way?

If your answer is debt, you’re not alone. According to a recent study from NerdWallet¹, the typical American household holds over $6,000 in credit card debt and will pay an average of $1,029 in interest on their credit cards this year alone.

Imagine what you could do with an extra $1k in your pocket each year!

And depending on how much debt you have, it could take more than fifteen years to pay off your credit cards just making the minimum monthly payments. You don’t need to weigh all the pros and cons of debt relief to know that the longer you wait to pay off your debt, the more money you lose. Paying off your debt aggressively is the best solution to get yourself back on track and achieve your financial goals sooner—and debt settlement is one of the best ways to get it done.

If you have unsecured debt from credit cards, personal loans, or medical bills and are considering working with JG Wentworth, you know that entering our Debt Relief Program is a big decision. But you’ll likely find that the pursuit of a better financial future is worth the commitment!

Better credit, more opportunities

Having a lot of debt has a very real impact on your credit score, and that can affect almost every aspect of your life. People with good credit scores reap tons of rewards that people struggling with a high amount of debt and a lower score simply don’t have access to.

A higher credit score can mean lower insurance payments, better interest rates, and more housing options. People with better credit are more likely to qualify for mortgages or private student loans, and in some cases, it even helps them look better to potential employers.

But having a few bad years doesn’t mean your credit score will never recover! And while debt relief may have an initial negative impact on your credit score, after completing the debt relief program with JG Wentworth, you’ll have a fresh start and a better shot at rebuilding your credit.** Here are some reviews from recent Debt Relief Program graduates who confirm that debt settlement can produce serious results:

"... now my credit score is way over what it was. I've increased my credit score by like 120 points in less than 11 months." - Cody from New York

“... it feels nice to get a lot of things paid off. JG Wentworth helped me as a program and it got me out of debt. Also, my credit rating is getting up higher than it has ever been.” - Angelo from Montana

Debt settlement is a great first step to take if you’re concerned about the way your debt is affecting your credit score and want to rebuild.