RADNOR, Pa.–(BUSINESS WIRE)–The J.G. Wentworth Company® (“J.G. Wentworth” or the “Company”) (OTCQX:JGWE) today appear a affiliation with the New Mexico Action Authority that offers a new artefact in the retail bazaar that combines both a basic Visa® prepaid allowance agenda and a Scratcher in one offering.
The J.G. Wentworth Accord Some! Comedy Some!™ Visa Allowance Agenda will acquiesce consumers to accord a affirmed gift, while accouterment the almsman a adventitious to win an added banknote award-winning through a scratch-off action ticket. The New Mexico Action Authority will be the aboriginal to seamlessly accommodate this aggregate artefact into their offerings, and in turn, will drive retailers to embrace incremental abundance placement. The Scratcher is accessible for acquirement in New Mexico Action retailers now. Here’s how it works:
STEP 1: An abandoned visits a banker that sells scratch-off action tickets and purchases the Accord Some! Comedy Some!™ Scratcher, accepting both a basic Visa allowance agenda admired at $20 – and a scratch-off action admission as allotment of the acquirement fee.
STEP 2: The almsman gets to comedy the scratch-off d printed on the card’s packaging with a adventitious to win up to $100.
STEP 3: The chump will appointment an online annual centermost to actuate and redeem their $20 affirmed value.
“Consumers adore giving and application allowance cards due to the accessibility and adaptability they offer,” said Stewart A. Stockdale, CEO of J.G. Wentworth. “Our artefact brings abundant bare action aback to the allowance agenda market. Our accord with the New Mexico Action Authority combines a new circuit on allowance agenda giving with a scratch-off that allows the almsman a adventitious to admission the amount of their gift.”
“We are consistently gluttonous new means to accomplish added acquirement for the Scholarship affairs through innovation,” said David Barden, CEO of the New Mexico Action Authority. “We accept accumulation Scratchers with allowance cards will advice drive incremental acquirement for our Legislative Action Scholarships and accord our players a new way to acquaintance and allowance our product.”
Sean Healey, J.G. Wentworth’s Vice President of Acquittal Solutions, oversees the Company’s prepaid agenda analysis and has helped drive and appearance the brand’s arising role in the prepaid marketplace.
“At J.G. Wentworth, we accept formed to analyze new, artistic means to advantage payments to animate somewhat anachronous categories,” Healey said. “The artefact combines the accessible bend allowance agenda bazaar with the burning admission bazaar for the aboriginal time – markets that are estimated to be in balance of $30 billion anniversary in the U.S. alone.”
About The J.G. Wentworth Company®
The J.G. Wentworth Company® is focused on accouterment direct-to-consumer admission to costs solutions through a array of avenues, including: mortgage lending and refinancing, structured settlement, accomplishment and action acquittal purchasing, prepaid cards, and admission to providers of claimed loans.
Mortgage loans are offered by J.G. Wentworth Home Lending, LLC NMLS ID # 2925 (www.nmlsconsumeraccess.org), 3350 Commission Court, Woodbridge, VA 22192; 888-349-3773.
For added advice about The J.G. Wentworth Company®, visit www.jgw.com or use the advice provided below.
This advertisement shall not aggregate an action to sell, or the address of an action to buy, nor shall there be any auction of our balance in any accompaniment or administration in which such offer, solicitation, or auction would be unlawful, above-mentioned to allotment or accomplishment beneath the balance laws of any such accompaniment or jurisdiction.
The Accord Some! Comedy Some!™ Visa® Prepaid Agenda is issued by MetaBank®, Member FDIC, pursuant to a authorization from Visa U.S.A. Inc. MetaBank, or Visa, is not amenable for action rules or winnings, nor does MetaBank, nor Visa, endorse or sponsor those offers. MetaBank is amenable for arising of the Agenda and the agreement of the accompanying Cardholder Agreement. Agenda has fees that may abate antecedent allowance value.
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A cardinal of factors could account absolute results, achievement or achievements to alter materially from the after-effects bidding or adumbrated in the advanced statements. These factors should be advised anxiously and readers should not abode disproportionate assurance on the advanced statements. Advanced statements necessarily absorb cogent accepted and alien risks, assumptions and uncertainties that may account our absolute results, achievement and opportunities in approaching periods to alter materially from those bidding or adumbrated by such advanced statements. Consideration should additionally be accustomed to the areas of accident set alternating beneath the branch “Risk Factors” in our filings with the Securities and Exchange Commission, and as set alternating added absolutely beneath “Part 1, Item 1A. Accident Factors” in our Annual Address on Form 10-K for the year concluded December 31, 2015, as adapted by “Part II, Item 1A. Accident Factors” in our Quarterly Address on Form 10-Q for the division ended June 30, 2016 as ahead filed with the SEC and Quarterly Address on Form 10-Q for the division ended September 30, 2016 to be filed with the SEC. These risks and uncertainties include, amid added things: our adeptness to assassinate on our business strategy; our adeptness to auspiciously attempt in the industries in which we operate; our assurance on the capability of absolute acknowledgment marketing; our adeptness to absorb and allure able chief management; any abnormal use of or abortion to assure the alone identifiable advice of past, accepted and -to-be barter to which we accept access; our adeptness to advancement and accommodate our operational and banking advice systems, advance ceaseless admission to such systems and acclimate to abstruse changes in the industries in which we operate; our assurance on third parties, including our adeptness to advance relationships with such third parties and our abeyant acknowledgment to accountability for the accomplishments of such third parties; accident to our acceptability and added adjustment of our industries which could aftereffect from abortive columnist letters about our business model; the accurateness of the estimates and assumptions of our banking models; contravention of our trademarks or account marks; our adeptness to advance our accompaniment licenses or access new licenses in new markets; changes in, and our adeptness to accede with, any applicative federal, accompaniment and bounded laws and regulations administering us, including any applicative federal customer banking laws activated by the Consumer Banking Protection Bureau; our business archetypal actuality affected to litigation; our adeptness to abide to acquirement structured adjustment payments and added banking assets; the accessible acknowledgment of the identities and advice of structured adjustment holders maintained in our proprietary database; our assurance on the opinions of assertive acclaim appraisement agencies of the acclaim affection of our securitizations; our adeptness to complete approaching securitizations, added financings or sales on favorable terms; the defalcation of a actual cardinal of structured adjustment issuers; adverse changes in the residential mortgage lending and absolute acreage markets, including any increases in defaults or delinquencies, abnormally in geographic areas area our loans are concentrated; our adeptness to abound our accommodation alpha volume, access mortgage application rights, or MSRs, and anamnesis loans that are refinanced; changes in the guidelines of government-sponsored entities, or GSEs, or any cessation of, or cogent abridgement in, the operation of GSEs; abeyant misrepresentations by borrowers, counterparties and added third parties; changes in prevailing absorption ante and our adeptness to abate absorption amount accident through ambiguity strategies; our adeptness to access acceptable alive basic at adorable ante or access acceptable basic to accommodated the costs requirements of our business; our adeptness to abide in acquiescence with the agreement of our abundant acknowledgment and to refinance our appellation debt; our adeptness to accession added basic as a aftereffect of our Class A accepted banal now actuality traded on the OTCQX® Market; and our adeptness to accommodated the advancing accommodation standards of the OTCQX® Market.
Except for our advancing obligations to acknowledge actual advice beneath the federal balance laws, we undertake no obligation to about alter any advanced statements, to address contest or to address the accident of hasty contest unless we are appropriate to do so by law.
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