
TurboDebt Reviews
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About TurboDebt
TurboDebt is a debt relief provider founded in 2021 and headquartered in Florida. The company specializes in negotiation and settlement services for many different types of debt. Reps focus on finding a debt relief solution that’s affordable to their clients.
- Spanish support available
- Low debt minimum
- Easy to get started
- No upfront costs
- Emphasis on affordability of payments
- Relatively new company
- Temporary hit to credit score
- No legal support
Featured Reviews
About TurboDebt
TurboDebt specializes in helping clients resolve credit card debt, home and car loans, business debt, gambling debt, tax debt and other types of debt. The company focuses primarily on debt relief through repayment plans, meaning it negotiates with creditors to reduce the total amount owed. The company operates in 46 states (not available in Oregon, Vermont, West Virginia or Minnesota).
How does TurboDebt work?
The enrollment process is relatively simple. It begins with a free consultation, where clients provide details about their financial situation. Based on this information, TurboDebt creates a personalized repayment plan. Instead of paying creditors directly, clients make monthly deposits into a dedicated savings account while TurboDebt negotiates with creditors to settle debts for a reduced amount.
If your financial situation changes after enrolling, reps can work with you to make sure you can stay on track. The average length of a TurboDebt plan is 24 to 48 months, but it can be completed in 12 months in some cases.
Note that there can be a negative hit on your credit when you enroll in the program — this is true for many debt relief programs. How much of an impact will depend on the specifics of your situation and the debt you’re settling. In general, the impact won’t be as severe as something like bankruptcy.
» MORE: Debt settlement pros and cons
TurboDebt services
TurboDebt offers debt relief services for a variety of types of debt, including credit card debt, medical debt, personal loans, unsecured student loans and business debt. The company also connects clients to partners that provide other debt-related services, such as credit counseling, debt management plans, and personal loans.
TurboDebt says the average amount of enrolled debt with its program is $23,000. Its website features several examples of past and present customers, showing their total debt amount, monthly payments and overall savings.
TurboDebt fees
TurboDebt charges a 25% fee on the debt you enroll in the program. The company claims this covers the cost of administering your account and negotiating with creditors on your behalf. There are no upfront fees. TurboDebt customers pay the 25% fee once their enrolled debt has been paid.
TurboDebt FAQ
Does TurboDebt have a money-back guarantee?
TurboDebt does not offer any guarantee that your debts will be lowered by a specific amount or within a specific timeframe. There is also no guarantee that your creditors will agree to settle. However, you will only pay a fee for TurboDebt’s services if the company is successful in its negotiations.
Is TurboDebt a debt consolidation company?
No, TurboDebt is not a debt consolidation loan provider, although it does have information on its website about how debt consolidation loans work and how to find a lender.
» COMPARE: Debt settlement vs. debt consolidation
What is the minimum debt needed to work with TurboDebt?
TurboDebt’s online intake form has a starting debt amount of $1,000.
Will working with TurboDebt hurt my credit score?
In the short term, enrolling in TurboDebt can cause your credit score to drop. However, it can be rebuilt over time as you work through the debt. In general, debt settlement and other debt relief solutions are less severe than bankruptcy.
Is TurboDebt legit?
TurboDebt is a legitimate debt relief provider. TurboDebt claims to work with over 10,000 creditors to offer its debt relief solutions, and its debt arbitrators are certified through the International Association of Professional Debt Arbitrators (IAPDA). It’s a solid debt relief company that could work well for anyone looking for debt settlement services.
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- 4,805,835 reviews on ConsumerAffairs are verified.
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- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
TurboDebt Company Information
- Company Name:
- TurboDebt
- Website:
- www.turbodebt.com

