Timberline Financial Review: Is It A Scam Or Is It Legit?

Timberline Financial was started in 2014 in order to help people reduce their debt and get back on track financially. The program offers a variety of services such as debt negotiations and settlements, budgeting, and financial coaching. Their goal is to help individuals and families reduce their debt, improve their credit scores, and build wealth. The company advertises its services at timberlinefinancial.com.

Timberline Financial Summary

It is necessary to conduct thorough research when selecting a debt settlement firm. Despite the recent attention Timberline Financial has been getting, it may not be the perfect choice for you. To ensure you make an informed decision, it is recommended that you examine the services they provide. This article presents a summary of their offerings so you can decide if it is the best fit for your finances.

We recently conducted an in-depth review of this company’s website and protocols. Here are the major observations we made.

• The average settlement for debts settled through their program was 47% before fees or 67% to 72% including fees. 
• Not all of their clients are able to complete their program for various reasons, including their ability to set aside sufficient funds.
• They do not guarantee that your debts will be resolved for a specific amount or percentage or within a particular period of time. 
• It does not assume your debts, makes monthly payments to creditors, or provide tax, bankruptcy, accounting, legal advice, or credit repair services. 
• Their service is not available in all states and fees may vary from state to state. 

What is Timberline Financial?

Timberline Financial is a financial services firm that focuses on debt consolidation and refinancing. They provide solutions for both residential and commercial customers, creating debt relief packages tailored to their individual needs. Their top priority is to offer quality service, assisting customers in decreasing their monthly payments and saving money on their debt. They are situated in New York, NY and you can reach them at (855) 250-8329.

At present, Timberline Financial does not have a rating from the BBB and is not accredited by them. It has an average of 18 customer reviews, with 41 complaints closed in the last 3 years. Due to the large number of negative reviews, customers have given the company a 1-star rating out of 5.

How does Timberline Financial work?

Timberline Financial services works with individuals to resolve their debt for less than what they owe. The process begins with a free consultation that allows the customer to discuss their financial situation with a certified debt professional. From there, Timberline Financial will create a personalized repayment plan that works with the customer’s budget. The customer will then make a lump sum payment to Timberline Financial that will be used to pay off their remaining balance. Once the customer’s debt is paid off, Timberline Financial will help the customer to build their credit score and work towards financial success.

How to qualify for Timberline Financial debt settlement program?

To qualify for the Timberline Financial program, individuals need to have at least $10,000 in unsecured debt, such as credit card debt, medical debts, personal loans, and other forms of debt that are not backed by collateral. Additionally, individuals must be willing to commit to the program for a minimum of 12 months, and they must be able to demonstrate the ability to make the payments required by the program. Lastly, individuals must meet the credit score requirements set by Timberline Financial in order to be approved for their debt settlement program.

Timberline Financial BBB Reviews

Currently, Timberline Financial does not have a score from the BBB nor is it certified by them. It has a median of 18 customer reviews, with 41 grievances settled in the past 3 years. Because of the large quantity of negative reviews, customers have granted the firm a rating of 1 out of 5 stars.

Here are some reviews:

John w 12/03/2022

Mike G 11/02/2022

Doug R 05/20/2022

Timberline Financial FAQs

How much does Timberline Financial charge?

Timberline Financial offers debt settlement services that are tailored to each individual’s needs. Their fees vary depending on the amount of debt that needs to be settled and the complexity of the situation. In general, their fees range from 15-25% of the debt settled, but the exact amount can be discussed with a Timberline Financial representative during the initial consultation.

Are there any pre-payment penalties with Timberline Financial?

Timberline Financial offers a debt settlement program with no pre-payment penalties, giving customers the freedom to repay their debt in their own time. With flexible payment plans and free consultations, they claim thwy can ensure that customers can find the most suitable option for their situation.

How does Timberline Financial affect your credit?

Using debt settlement services can seem like a good way to reduce debt and enhance creditworthiness, but it may have the contrary effect. Collection proceedings and legal action by creditors or collectors can hurt creditworthiness, plus the fees and interest accrued could lead to a higher balance rather than a lower one. Therefore, it is vital to consider the possible risks and advantages of debt settlement services before committing to it.

How to cancel Timberline Financial?

Canceling a Timberline Financial debt settlement program is a straightforward process. First, you should contact Timberline Financial directly by phone or email to let them know you wish to cancel the program. Be sure to provide your full name, contact information, and account details. Once you have provided all of the necessary information to Timberline Financial, they will provide you with a cancellation confirmation number. Once you have the cancellation confirmation number, you can be sure that your debt settlement program has been fully canceled. It is important to keep any records of the cancellation for your records.

Additionally, they may also contact your creditors to tell them of the termination. It should be noted that any fees or unpaid amounts may still be required, and you should be sure to follow up with Timberline Financial to confirm that your cancellation has been dealt with.

Are you struggling to make ends meet? Here are some helpful tips to get you back on track.

Are you struggling to make ends meet? It can be difficult to keep up with bills, credit cards, and other expenses. But with a few budgeting strategies, you can get back on track and start saving money. Here are some helpful tips to get you back on track.

Start by tracking your spending for one month. This will give you an idea of where your money is going. Make sure to include everything, from groceries to gas. Once you know where your money is going, you can start making changes.

Create a budget. This will help you stay on track and make sure you’re not spending more than you can afford. Set up a budget that includes all of your essential expenses, such as rent, utilities, and groceries. Include a set amount for discretionary spending and make sure to track your expenses against your budget.

Cut back on unnecessary spending. Look for areas in your budget where you can cut back or eliminate spending altogether. This could include things like eating out or buying new clothes. You might be surprised by how much you can save by cutting back on these non-essential expenses.

Look for ways to save money. There are many ways to save money, from shopping for bargains to taking advantage of discounts and coupons. You should also look for ways to save on monthly bills, such as switching to a cheaper phone plan or energy provider.

Finally, make sure to pay off your debts. Debt can be a major burden and can prevent you from reaching your financial goals. Try to pay off credit cards and other debts as quickly as possible. If you’re having trouble making payments, look into options such as debt consolidation or refinancing.

By following these tips, you can get back on track and start saving money. Budgeting and cutting back on spending can help you make ends meet and reach your financial goals. Good luck!

Is Timberline Financial legit or a scam?

Since 2014, Timberline Financial has been an assistance provider for debt settlement. Despite not having a BBB rating or being certified by them, the firm has received 18 customer reviews, with 41 grievances resolved within the past three years. Due to the substantial number of unfavorable reviews, customers have awarded the business a score of 1 out of 5 stars.

Before deciding on a debt settlement business, it is critical to investigate thoroughly. Check out customer feedback, make sure the company has been successful in the past, confirm that it is properly certified and regulated, and make sure the services provided are open and honest to guarantee you get the most ideal outcome for your financial obligation.

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Thank you for reading!