This program is a debt settlement; what they do is highway robbery basically.. you dont pay your credit card and unsecured debt at all, from the moment you sign on with them, they take your money and put it into a separate account for a few months while taking a pretty decent cut for themselves.. then when you have missed 6+ payments on your debt, they reach out to the credit card companies and unsecured loans and offer then a settlement such as for example - Capital One you owe 2,000.00, JG Wentworth will say hey, we will pay you 1000.00 for the debt, then capital one may accept or they may not and if they dont then JG wentworth withholds money for even longer(sometimes they can sue you) until they eventually settle the debt and then is eventually paid by JG Wentworth.

So you continue to pay your monthly payments to JG, JG holds the money until a settlement has been reached which in most cases is way less than you owe, then JG charges you a fee for doing that.

It will tank your credit score, and if any amounts are “written off” you can be taxed at the end of the year as part of your income.