What Is TurboDebt?
8 MIN READ
Published April 19, 2024 | Updated May 01, 2024
TurboDebt is a certified debt relief company specializing in customized repayment plans that end debt faster and reduce what consumers owe. Our clients consistently rate our service as excellent, posting thousands of 5-star TurboDebt reviews on Trustpilot and Google.
TurboDebt debt relief services include customized plans offered through our team and a network of trusted partners. TurboDebt services include expert advice to guide you through the process of debt relief.
We also provide financial resources to help clients and consumers become more savvy with their monetary choices. Our goal is to get you out of debt and keep you debt-free.
Read on to discover what TurboDebt is and learn how we help consumers get out of debt and start building wealth.
TurboDebt Overview
How Does TurboDebt Work?
Keep reading to learn about TurboDebt and our process for taking action to clear your debts:
Step 1: Start with a free consultation.
First, you’ll speak with a TurboDebt team member and answer a few questions so we can learn more about your financial situation. Together, we’ll discuss which debt relief method works best for you, providing advice on how to manage and pay off your debts.
Step 2: Create a customized debt relief plan.
Once we understand your needs, our experts create a personalized debt repayment plan that fits your monthly budget. We work with over 10,000 creditors to offer debt relief solutions. Our team of debt arbitrators is certified through the International Association of Professional Debt Arbitrators (IAPDA).
Step 3: Make affordable monthly payments on your debt.
Next, you’ll start paying into a savings account we use to pay back your creditors. With TurboDebt’s program, you’ll never pay late fees. If your situation changes, our team members will work with you to ensure you can afford the monthly payment.
Step 4: Live a debt-free life!
When you consistently make payments through TurboDebt’s program, you’ll pay off debts quickly and get a fresh financial start in as little as 12 months. Continue using our resources for smart money management strategies that help you stay debt free and use more of your income to invest in your future.
What Debts Can TurboDebt Help With?
Find TurboDebt debt relief in the following areas:
- Credit Card Debt: TurboDebt can help you reduce and pay off what you owe on credit card balances over $10,000. We work with thousands of creditors, negotiating on behalf of consumers to restore financial freedom.
- Medical Debt: Don’t let the stress of medical bills impact your health or your credit. Contact the TurboDebt team and partner with us to eliminate thousands of dollars in unpaid medical balances through our debt relief services.
- Student Loan Debt: Reduce and end certain debt from unsecured student loans through TurboDebt’s services.
- Veteran Debt: TurboDebt values those who’ve served our country and we’re proud to help veterans overcome personal debt struggles. TurboDebt benefits veterans with overwhelming debts, providing personalized relief plans.
- Divorce Debt: When you take on more divorce debt than you can afford to pay back, partner with TurboDebt to reduce and restructure your payment options. We work with you based on what you can afford to put toward debt repayments each month.
- Business Debt: Small business owners who come to TurboDebt find the assistance they need to overcome debts from their investments and operating costs. Using our expertise, we create a debt resolution plan that helps business owners pay off debts tied to loans or outstanding credit card balances.
- Retirement Debt: Seniors trying to manage debt on a limited monthly income can use TurboDebt’s services to pay off large balances. Let TurboDebt help you determine the right debt relief strategy for your limited income.
- Personal Loan Debt: TurboDebt offers solutions to consumers struggling with large debt balances from personal loans, including some student loans. We help you make a plan to pay off debt, negotiating for the best payment option on your behalf.
What People Say About TurboDebt
At TurboDebt, we’ve helped more than 500,000 American consumers eliminate over $15 billion in debt. Our clients change their financial situation by getting out of debt, rating us highly for our customer service and expert guidance.
We’ve collected thousands of 5-star TurboDebt reviews on trusted sites like Trustpilot and Google. Reading TurboDebt relief reviews can give you a good picture of the service you can expect from our team.
Here’s what our satisfied clients have to say in a sample of TurboDebt reviews:
From Trustpilot
"For the past 3 years I been swimming upstream in debt and Realized I was drowning and not making any progress. I reached out to Turbodebt and Michael Elliot Baltimore threw me a life raft that literally changed my fortune. He was so patient explaining where I've been going wrong and just as patient explaining to me how to get back on the right path. After our call I felt such a sense of relief so glad I reached out and if your story mirrors mine please do the same so you can be financially free."
Date of experience: March 13, 2024
-Shannon
"I had a VERY knowledgeable and caring agent in Anthony McMichael. He actually took the time to listen to my circumstances and my concerns and felt more like talking to an understanding friend than a phone debt relief agent. He gave me a GREAT deal of confidence in the program and the relief I'll expect I'm the coming months!"
Date of experience: March 13, 2024
-Carmichael Kimmons
From Google
"Extremely efficient and helpful process. Answered all of our questions and concerns to the point of making us feel confident with our decision to use them."
-Medina Medina
"Turbo Debt has been a blessing to me. They have an A rating with BBB. The consultant, Martin, was pleasant, professional, and very knowledgeable. He explained the entire process in detail, answered all questions, and advised or made suggestions that were helpful to me. This process is helping me to reduce stress as well as debt. I'm looking forward to becoming debt free."
-Anthonette Spellman
TurboDebt Details
Does TurboDebt Hurt Your Credit?
Enrolling in certain debt relief programs, such as debt settlement, can negatively impact your credit score as you work to pay off debt. However, losing some points on your credit is usually worth it to overcome large debt burdens. Once you clear your debt with consistent payments and start making smart choices with your finances, you’ll regain points on your credit score as you spend and save debt-free.
Here are some other effective ways to rebuild credit:
- Start following a strict budget.
- Make timely bill payments.
- Maintain a low credit utilization ratio.
- Review your credit score from all major reporting bureaus often.
- Keep a small balance on your credit card that you can pay off each month.
- Avoid taking out new loans for at least one year after you clear your debt.
What Services Are Offered by TurboDebt?
TurboDebt provides debt relief services through a network of over 10,000 partners. When you start with a free consultation, our expert team members offer guidance about the best debt relief options for your financial situation.
Often, the most effective solution comes through our customizable debt relief relief program. TurboDebt specializes in debt relief services, negotiating with creditors to significantly reduce what our clients owe in unsecured debts like credit cards and medical bills. We help consumers fast-track their return to financial freedom with easy monthly payments and no interest charges or late fees.
While we focus on debt relief, we also connect clients to partners specializing in solutions like credit counseling, personal loans, and debt management plans.
TurboDebt also offers an extensive collection of resources about debt and other financial topics on our website. We’re passionate about helping consumers make smart choices with their money and stay debt-free.
How Much Does Turbo Debt Cost?
TurboDebt never charges upfront fees for your debt relief. We only charge a percentage of your enrolled debt once you pay it off. In 2023 alone, we saved clients an average of 46% of their total debt before fees.
TurboDebt fees include 25% of your enrolled debt. This covers administering your account and negotiating with creditors on your behalf to reduce your total amount owed.
TurboDebt vs. Competitors
Find out about TurboDebt and how we compare with similar debt relief services:
TurboDebt vs. New Era Debt Solutions
An established debt relief company, New Era Debt Solutions primarily offers debt settlement services just like TurboDebt. However, unlike TurboDebt, New Era doesn’t offer debt relief to consumers living in U.S. territories like Guam and Puerto Rico. The company also shares that they’ve settled over $275 million in debts since its inception in 1999, while TurboDebt is experienced in settling over $15 billion in debt since 2020.
TurboDebt vs. Accredited Debt Relief
Accredited Debt Relief specializes in debt consolidation, serving over 300,000 clients in the past 12 years. Although it may help eliminate your debt, consolidation may not reduce your debt like a TurboDebt debt relief program can. You’ll typically owe the full amount to your creditors, even as you save on interest.
Does TurboDebt Offer Debt Relief In Your State?
TurboDebt offers debt relief services in 48 states, three U.S. territories, and Washington, D.C., with clients from nearly every major city and region in America. Learn more about debt relief in your area and how you can work with our experts to create a personalized debt relief plan that fits your lifestyle.
What Are the Benefits of TurboDebt?
When you work with us, you’ll experience personalized debt relief help from a dedicated and experienced team.
More TurboDebt benefits include:
- 5-star service
- Reduced debt payoff
- No late fees
- Flexible payment schedule
- Faster debt elimination
Get Debt Relief Now With TurboDebt!
TurboDebt is a leading debt relief company serving hundreds of thousands of clients across the U.S. We offer customized solutions for unsecured debts from credit card balances, medical bills, and most personal loans.
Our answer to debt is simple:
- Discuss your debt situation
- Connect you with the best plan
- Charge no upfront fees
- Work out a monthly payment schedule that fits your budget
- Change things if your financial situation declines (no late fees!)
- Help you pay off debt faster when you enroll in our program
TurboDebt customer service is consistently rated 5-star by clients who feel seen and understood by our expert team members. We’ve helped over 500,000 consumers with an average of $23,000 in unsecured debt find the right solution to pay off large balances and restore their financial freedom.
It only takes a few minutes to get started with a free consultation. Contact the team at TurboDebt today to start your journey toward a debt-free life!