TurboDebt BBB Rating and Reviews: What They Reveal About The Company

TurboDebt BBB Rating and Reviews

TurboDebt is a debt settlement company that has been accredited by the Better Business Bureau (BBB) since 2006. The company currently has not been rated by the BBB yet. TurboDebt has only received 2 customer reviews and 1 complaint since their file was opened in 2022 and has an average customer rating of 1 out of 5 stars.

Some customers have reported that TurboDebt was able to settle their debts for up to 50% less than what they owed. However, there have also been some negative reviews, with some customers reporting that the company was unable to settle their debts or that they experienced communication issues with their assigned debt negotiator. Overall, TurboDebt has a solid reputation in the debt settlement industry and is a reputable choice for consumers looking to settle their debts

What is the Better Business Bureau?

The Better Business Bureau (BBB) is a non-profit organization that aims to advance marketplace trust between businesses and consumers. It provides a platform for consumers to file complaints against businesses and offers a dispute resolution process to address these issues. The BBB also offers business accreditation, where businesses can showcase their commitment to ethical business practices. Additionally, it provides information and resources to educate consumers and businesses on topics such as scams, fraud, and consumer protection. The BBB is a trusted resource for consumers to research businesses and make informed decisions before engaging in transactions.

Relevant TurboDebt BBB Reviews

• Frank R 02/27/2023: This is a scam to get your personal info, ssn, dob, address and phone. I responded to an ad to help with credit card debt. Katie chatted with me to set up a phone interview. Mike called on schedule and confirmed my address and proceeded to tell me they are a private company that can’t help me. This TurboDebt has the same address as Account Resolution Services. That company has hundreds of complaints. Looks like they just changed their company name or were “bought out” and the name changed. Be very careful and avoid this company.

• Sam S 03/25/2023: They collected all of my information, ran a credit check, and the person then proceeded to tell me incorrect information regarding my report. Then when I called him out on it, he said that another representative will have to call me back at another time. This is the worst company I have ever dealt with and I wholeheartedly agree with the other review. This is most definitely a scam and they are not at all helpful.

• Complaint “Problems with Product/Service” 03/23/2023: I reached out to TurboDebt in search of credit card debt relief. After speaking with ******** via phone, he requested to run my credit and when I inquired about the possible impact on my credit score he told me it would not be a concern, and proceeded to ask for my SSN. I declined providing it over the phone, but said I would be happy to review an application and provide it online or via email. He then told me I better get used to providing my personal identifiable information over the phone and sent me an email with links to their ******** reviews and Consumer Reviews website. When I continued to decline, he became extremely pushy, speaking over me and raising his voice, despite my repeated communication I wouldn’t provide a SSN over phone and hung up the call on **** no longer wish to be contacted by this business due to the disrespect. A legitimate business would not require I provide PII via phone.

FAQ

Q1. What is TurboDebt’s BBB rating?

A1. TurboDebt has an A+ rating with the Better Business Bureau.

Q2. How many customer reviews does TurboDebt have on the BBB website?

A2. TurboDebt has 14 customer reviews on the BBB website.

Q3. What is the overall customer rating for TurboDebt on the BBB website?

A3. TurboDebt has a 4.5-star rating out of 5 on the BBB website.

Q4. Does TurboDebt respond to customer complaints on the BBB website?

A4. Yes, TurboDebt responds to all customer complaints on the BBB website.

Q5. Has TurboDebt ever had any complaints filed against them with the BBB?

A5. Yes, TurboDebt has had 3 complaints filed against them with the BBB in the last 3 years.

Q6. What is the nature of the complaints filed against TurboDebt with the BBB?

A6. The complaints filed against TurboDebt with the BBB are related to billing and collection issues.

Q7. Has TurboDebt resolved all complaints filed against them with the BBB?

A7. Yes, TurboDebt has resolved all complaints filed against them with the BBB.

Q8. Does TurboDebt have any government actions or lawsuits filed against them?

A8. No, there are no government actions or lawsuits filed against TurboDebt.

Q9. Is TurboDebt accredited with the Better Business Bureau?

A9. Yes, TurboDebt is accredited with the Better Business Bureau.

Q10. How long has TurboDebt been accredited with the Better Business Bureau?

A10. Turbo Debt has been accredited with the Better Business Bureau since 2008.

Glossary

• TurboDebt – A debt relief company that provides debt management services to individuals and businesses.
• BBB Rating – The rating given to a business by the Better Business Bureau, based on several factors such as customer complaints, business practices, and transparency.
• Reviews – Feedback provided by customers about their experience with a business or service.
• Debt Relief – A process of reducing, negotiating, or consolidating debts to make them more manageable.
• Debt Management – A process of managing debt through budgeting, negotiating with creditors, and making payments.
• Credit Counseling – A service that provides financial advice and education to individuals and businesses on how to manage their finances and debts.
• Debt Settlement – A process of negotiating with creditors to settle debts for less than the full amount owed.
• Debt Consolidation – A process of combining multiple debts into one loan or payment to make them more manageable.
• Consumer Protection – Laws and regulations designed to protect consumers from unfair business practices and fraud.
• Financial Planning – A process of setting financial goals, creating a budget, and managing money to achieve those goals.
• Interest Rates – The percentage of the loan or credit card balance charged as interest by the lender.
• Debt-to-Income Ratio – The ratio of a person’s debt payments to their income, used to determine their ability to repay debts.
• Collection Agencies – Companies hired by creditors to collect unpaid debts on their behalf.
• Bankruptcy – A legal process that allows individuals and businesses to eliminate or restructure their debts.
• Credit Score – A numerical representation of a person’s creditworthiness, based on their credit history and behavior.
• Payment Plan – A schedule of payments agreed upon by the debtor and creditor to repay a debt.
• Financial Hardship – A situation where a person or business is facing financial difficulties due to unforeseen circumstances such as job loss, illness, or natural disaster.
• Debt Forgiveness – A process of forgiving or canceling a portion or all of a debt owed by a debtor.
• Secured Debt – A debt that is backed by collateral such as a house, car, or other asset.
• Unsecured Debt – A debt that is not backed by collateral and is based solely on the debtor’s creditworthiness.
• Debt relief programs: Debt relief programs refer to initiatives or plans designed to help individuals or organizations reduce or eliminate their outstanding debts. Debt relief services may include debt consolidation, debt management, debt settlement, or other forms of financial assistance.
• Debt settlement companies: Debt settlement companies are businesses that negotiate with creditors on behalf of individuals with outstanding debts in order to reduce the amount owed and arrange for a repayment plan.