The J.G. Wentworth Company® announced that its first prepaid product, the J.G. Wentworth Cash Now Visa® Prepaid Card, is now available, solidifying its entry into the prepaid card category. The company expects the prepaid offering to benefit the structured settlement payment purchasing business through the use of powerful, reward-based prepaid programs that support customer acquisition and retention efforts. Prepaid cards will also be offered to customers in place of a paper check to provide more efficient and convenient access to funds.

In addition, the company plans to enter the incentive category, team with distribution networks, and expand partnerships to offer a robust portfolio of prepaid products. The J.G. Wentworth Cash Now prepaid card is a General Purpose Reloadable (GPR) Card that provides the convenience of a debit card, and is available regardless of credit rating or income. Additional benefits include reload capabilities via direct deposit and participating retail agent reload locations, the ability to shop or pay bills online, access to cash from ATMs, and purchase and fraud protection, among others.