trusted formDMB Financial vs JG Wentworth | Several.com
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DMB Financial vs JG Wentworth

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Pros
  • Free consultations
  • User-friendly client portal
  • Prevent collection calls
  • Relatively short settlement timeframe
Pros
  • No upfront fees, costs are performance-based
  • Over 30 years of experience in financial services
  • Accredited by BBB, AADR, AFCC, and IAPDA
  • Dedicated debt specialists
Cons
  • Fee structure not disclosed
  • Limited state availability
  • Limited variety in debt relief options
  • No mobile app
Cons
  • Fees (18%–25%) are on the higher end of the industry
  • Mixed customer reviews on the BBB
  • Programs can last up to 60 months
  • Only available in 30 states and D.C.
Summary

Founded in 2003 and headquartered in Beverly, Massachusetts, DMB Financial is a debt relief company with a track record of settling the unsecured debt of over 30,000 people and managing more than $1 billion in debt through their Financial Guardian Program. They hold memberships in the International Association of Professional Debt Arbitrators (IAPDA) and the American Association for Debt Resolution (AADR) and maintain an A rating from the Better Business Bureau (BBB). Many praise them for their personalized approach to debt settlement and their effective negotiation strategies. The company is also known for their user-friendly client portal and dedication to minimizing creditor harassment. Want to know whether they’re the debt relief company you’re looking for? Read this review!

Summary

JG Wentworth is a Pennsylvania-based financial services company that has been operating since 1991. Their debt relief program offers debt settlement services to JG Wentworth customers with at least $10,000 in unsecured debt, including credit card balances, medical bills, personal loans, and private student loans. The program typically runs between 24 and 60 months, during which clients make monthly deposits into a dedicated escrow account while JG Wentworth negotiates with creditors to reduce the total amount owed. Fees range from 18% to 25% of enrolled debt and are only charged after a successful settlement. The company holds an A+ rating from the Better Business Bureau and maintains accreditations from the American Association for Debt Resolution (AADR), the American Fair Credit Council (AFCC), and the International Association of Professional Debt Arbitrators (IAPDA). Their Trustpilot score sits at approximately 4.8 out of 5, though BBB customer reviews are more mixed. JG Wentworth's debt relief program is available in most U.S. states. Customers should be aware that enrolling in a debt settlement program will likely impact their credit score.

Quick Stats
  • Credit Score Impact : Program may lower score temporarily
  • Average Net Savings : 48%
  • BBB Rating : A
  • Fees : Undisclosed
  • Timeframe : 36 months
  • Trustpilot Score : N/R
  • 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 per settled account
  • Timeframe : 24-60 months
  • Money-Back Guarantee : False
  • Trustpilot Score : 4.8 out of 5
  • Customer Experience : Good
Selling Points
  • Reduced collection calls
  • User-friendly client portal
  • Industry-wide accreditations
Selling Points
  • One-stop shop for financial products beyond debt relief
  • High debt-settlement rate
  • Wide range of services and third-party partnerships
  • $1,000 best-price guarantee if they can't beat a competitor's structured settlement offer
  • 100% complaint response rate on the BBB
Services Offered
  • Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Debt Management Plans
  • Debt Settlement
  • Loan Refinancing
Services Offered
  • Undisclosed
    Bankruptcy Counseling
  • Consolidation Loans
  • Credit Card Debt Relief
  • Credit Counseling
  • Debt Consolidation
  • Debt Counseling
  • Undisclosed
    Debt Management Plans
  • Debt Settlement
  • Undisclosed
    Loan Refinancing
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Undisclosed
    Medical Bills
  • Undisclosed
    Personal Loans
  • Undisclosed
    Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Types of Debt Covered
  • Undisclosed
    Collection Accounts
  • Credit Card Debt
  • Medical Bills
  • Personal Loans
  • Private Student Loans
  • Undisclosed
    Professional Bills
  • Secured Debts
Payment Options
  • Cash
  • Escrow/Savings Bank Account
  • Major Credit Cards
Payment Options
  • Undisclosed
    Cash
  • Escrow/Savings Bank Account
  • Undisclosed
    Major Credit Cards
Customer Support
  • Email
  • In Office
  • Live Chat
  • Mobile Application
  • Phone
  • Ticket
Customer Support
  • Email
  • Undisclosed
    In Office
  • Undisclosed
    Live Chat
  • Mobile Application
  • Phone
  • Undisclosed
    Ticket

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