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Debt Rx vs JG Wentworth

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Pros
  • BBB accreditation with an A+ rating
  • No upfront charges
  • Tailored customer assistance
Pros
  • No upfront fees
  • Accessible customer service
  • A+ BBB rating
  • Quick debt repayment
Cons
  • High minimum debt required
  • Not available in all 50 states
  • Absence of clear information
  • Potential negative impact on credit score
Cons
  • Only available in 30 states
  • High program fees
  • Additional fees
  • No mobile app
Summary

Debt Rx, founded in 1999 and headquartered in Frederick, Maryland, offers personalized debt relief solutions for individuals facing overwhelming financial burdens. With a particular focus on engaging in negotiations with creditors to mitigate unsecured debt, their services extend to credit card debt, medical expenses, personal loans, and various other financial obligations. Debt Rx has established commendable standing and professionalism with an A+ rating from the BBB and IAPDA accreditation. Their experience of more than two decades further supports this. Their customers value their individualized strategy, straightforward communication, and commitment to assisting them in re-establishing their financial stability. The commitment of Debt Rx to providing effective debt settlement and negotiation services without requesting upfront payment enables people to receive relief without creating any initial financial obligations. Debt Rx provides individuals dealing with escalating debt or aspiring to attain financial autonomy with a dependable companion along the trajectory toward financial freedom.

Summary

Within the last 30+ years, JG Wentworth has imprinted their name among the industry’s most recognizable brands. Their offerings spread across many sectors; among them are their debt relief programs, debt settlement services, and personal loans designed specifically for individuals grappling with debt.  They also tailor solutions to individuals wanting to access their structured settlements, annuity payments, and lottery or casino winnings in one lump sum. They have helped over 150,000 clients and facilitated $4 billion in transactions, which pushed them to the forefront of the industry. Operating across 30 states and Washington, DC, they have a policy that prohibits upfront fees and offers a best-price guarantee of $1,000. These affordability measures are reinforced by their A+ rating with the Better Business Bureau (BBB) and memberships in organizations such as the American Association for Debt Resolution (AADR) and the American Fair Credit Council (AFCC), and a certification from the International Association of Professional Debt Arbitrators (IAPDA).

Quick Stats
  • Credit Score Impact : May impact your credit score
  • Average Net Savings : Up to 50% before fees
  • BBB Rating : A+
  • Fees : Undisclosed
  • Timeframe : 24-48 months
  • Trustpilot Score : 4.8 out of 5
  • Customer Experience : Good
Quick Stats
  • Credit Score Impact : Program may lower score temporarily
  • Average Net Savings : Up to 51% of debt
  • BBB Rating : A+
  • Fees : 18% - 25% of total enrolled debt
  • Timeframe : 24-48 months
  • Trustpilot Score : 4.8 out of 5
  • Customer Experience : Good
Selling Points
  • No examination of credit history required
  • Legal expense plan
  • Provides a free consultation
Selling Points
  • No upfront fees and free consultation
  • High debt-settlement rate
  • Wide range of services and third-party partnerships
  • Perfect complaint-resolution rate
Services Offered
  • Bankruptcy Counseling
  • Undisclosed
    Consolidation Loans
  • Credit Card Debt Relief
  • Undisclosed
    Credit Counseling
  • Undisclosed
    Debt Consolidation
  • Debt Counseling
  • Debt Management Plans
  • Debt Settlement
  • Undisclosed
    Loan Refinancing
Services Offered
  • Undisclosed
    Bankruptcy Counseling
  • Undisclosed
    Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Undisclosed
    Debt Counseling
  • Undisclosed
    Debt Management Plans
  • Debt Settlement
  • Undisclosed
    Loan Refinancing
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Professional Bills
  • Secured Debts
Types of Debt Covered
  • Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Professional Bills
  • Undisclosed
    Secured Debts
Payment Options
  • Undisclosed
    Cash
  • Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Payment Options
  • Undisclosed
    Cash
  • Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Customer Support
  • Email
  • Undisclosed
    In Office
  • Live Chat
  • Mobile Application
  • Phone
  • Ticket
Customer Support
  • Email
  • In Office
  • Live Chat
  • Undisclosed
    Mobile Application
  • Phone
  • Ticket

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