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Report: #1290376

Complaint Review: JG Wentworth - Nationwide

  • Submitted:
  • Updated:
  • Reported By: SINCERE — Detroit Michigan USA
  • Author Not Confirmed What's this?
  • Why?
  • JG Wentworth Nationwide USA

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I did a deal with this company 2 years ago. My whole life has been a mess. I was in a financial crisis. I cashed out on a million dollars worth of my payments for 43,000.00. I was in a financial bind at that time. 

 

I Lost my wife and I became a single father of my 3 children. I was going to loss my home, so I really needed the money. I am doing better now and I have learned a lesson and life, the corporate world has many snakes and they don't care about you or your future. They just want your money!!!

 

I have just sold my total annuity but this time I dealt with a broker. He help me with a total lump sum for remainder of my payments and he refered me to a very great financial advisor. I wish I had met him 2 years ago. he is a great genuine person and was a lot of help to me and my family. His name is Michael. His contact number is 323-446-1767. Please don't contact big companies like JG Wentworth, and become a victim like me. They don't care about your family or you!!! 

This report was posted on Ripoff Report on 02/27/2016 12:18 PM and is a permanent record located here: https://www.ripoffreport.com/reports/jg-wentworth/nationwide/jg-wentworth-rip-me-off-1million-florida-1290376. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Seller's Remorse is a Lesson to Others that You Always Lose When You Sell Structured Settlements

AUTHOR: Kit Kabutl - (United States)

POSTED: Thursday, May 10, 2018

I tried calling the number that you say is Michael and I got a guy named Irwin who has nothing whatsoever to do with structured settlements.  So forthat reason please excuse me if I am a bit cynical of the legitimacy after reading your complaint on here.  But that being said, I dont know whether or not you received independent professional advice or you waived it, It is wise for anyone who is thinking of selling structured settlement to always get independent professional advice from someone who is a licensed professional not related to the buyer of your payments.

You always lose money when you sell structured settlemnet payments for a lump sum.

 

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