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July 02, 2015 12:53 PM ET

Consumer Finance

Company Overview of J.G. Wentworth, LLC

Company Overview

J.G. Wentworth, LLC, through its subsidiaries, purchases deferred payments from illiquid financial assets such as structured settlements and fixed annuities. It identifies, underwrites, and purchases individual payment streams from customers; aggregates payment streams; and finances them in the institutional market at discount rates. The company purchases structured settlement payments and lottery receivables, and offers pre-settlement funding. It offers its services under JG Wentworth and Peachtree brands. The company was founded in 2013 and is based in Radnor, Pennsylvania. J.G. Wentworth, LLC operates as a subsidiary of JGWPT Holdings, LLC.

201 King of Prussia Road

Radnor, PA 19087-5148

United States

Founded in 2013

Phone:

800-741-0530

Key Executives for J.G. Wentworth, LLC

J.G. Wentworth, LLC does not have any Key Executives recorded.

J.G. Wentworth, LLC Key Developments

J.G. Wentworth LLC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

J.G. Wentworth LLC reported earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported that net loss attributable to the company was $885,000, compared to a net income attributable to the company of $21.23 million for the third quarter ended September 30, 2012. Total revenue was $103.14 million, compared to $108.28 million for the third quarter ended September 30, 2012. For the nine months, the company's net income attributable to the company was $67.18 million, compared to $78.13 million for the nine months ended September 30, 2012. Total revenue was $353.01 million, compared to $341.19 million for the nine months ended September 30, 2012.

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