Turbo: Scores-Income & Credit Reviews

by RPX8

I like Turbo as it provides an easy way to determine your financial health. The most useful element for me is the comparisons to others in my age group as it helps me determine how I’m doing and what areas I need to focus on to improve.

That said, the current app is limited to only 3 data points: income, credit score, and debt-to-income ratio. I would also like to see net worth (pulled in from my Mint account) broken out by assets (i.e. cash, investments, real estate & other property) and debt (i.e. student loans, credit cards, mortgage) with the same ability to compare each category and sub-category to others my age.

Furthermore, other useful metrics would around savings rates (i.e. % of income saved in retirement plans, total % of income saved). It would also be nice to see both state and national averages.

I love Intuit’s other products and hope they can turn this app into something that can really help people level set where they stand in terms of overall financial health.

by BourneExtremity

Debt to Income is huge in the lending world but so few people are even aware of the metric, let alone how to calculate it. Great to see an app that put same info in front of the borrower as the lender.

My frustration is that after the initial data pull, there’s no clear way to update your data. I understand Turbo is pulling your credit report to get info on which accounts you have and the payments for each, but it’s not clear if it only does this once or repeats it each time you open Turbo , or once weekly, or monthly, etc.

Since I got Turbo , my debts have changed and their associated payments, and therefore my dti should change. Though Turbo says it’s collecting my info when it first opens, the data doesn’t actually update.

To verify, I ran a test by downloading Turbo on another device. I did get a different set of numbers.

I’d recommend adding a manual data pull feature where you can force Turbo to pull your current credit report data.

by SnwbrdB

Update: Both of my comments below have been fixed. Turbo functions without any problems. Very nice to see how Intuit was responsive to the feedback they were getting.
Turbo shows credit score, debt to income ratio, and a few other things. Nice to see them put together but not an app you would need to visit often.

As other users have said, Turbo is broken. Two problems encountered: DC isn’t available as an option in the address drop down. The continue button does not progress past address input.

by Thrice_Cream

I have never done my taxes before using this app tax. It has been a very smooth and secure process with the helpful straightforward questions you are asked about the information you have to provide. I recommend this app tax to anyone serious about getting their refund on time and if it’s your first or even 20th time filling out your taxes without paying hundreds of dollars out of pocket. I will only use this app tax for now and the future. Thanks for the great experiences and experiences to come this app tax team ! If you haven’t used this app tax yet your missing out, I’ve always been the first one to file my taxes and receive my refund to my account ! Good luck and be smart with your information !

by Sandydesert1

The framework about budgeting is very helpful. Sometimes we get in a rush and not thinking clearly we seem to over spend such as shopping and getting a bite to eat. I window shop now because I don’t need anything at this age in life. I am downsizing everything and my mind will be clearer and health due to cooking home made meals and getting only the groceries I need for the day. This also gets me outside and in the real world daily. This wake up call I’d definitely appreciated. The money envelope helped me as well and I only need to do it for a couple of months. ( quick learner) lol. Thank you for caring and sending this important message. I will be forever in your debt BUT NOT IN DEBT!

by Windswept Rose

I’ve always been a little overwhelmed by Credit scores and keeping track of my finances. this app lays out all the information in an easy to view and understand way, and even explains how each thing affects your credit score, like the age of your accounts and even the exact amount you have on each and how credit companies view them. I’ve been using this app and its advice to pay down my credit cards in a smart way and manage both my finances and my credit score. I actually check it almost every day and eagerly await the updated score each month. Thank you so much for helping me finally understand! :)

by Seattle Storm

Honestly I’ve never rated an app before but this app is genuinely worth my time.

As somebody who has developed software and handled the financials for my company in the past I didn’t feel it was necessary to use a monitoring app like this app but I was wrong. The interface is super intuitive, the monitoring reports are only for important changes and the suggestions are HELPFUL, not just trying to sell you their partners credit line.

If you struggle to keep money in the bank and grow your score, you need this app. If you’re decent with your money and have a solid credit score, you still need to use this app.

by Lord Krath

Turbo is among the top three I use to help keep an eye on key indicators. I have a great job, but a not so great credit history thanks to my student loans and a few life hiccups that have occurred along the way. I recently sold my home, used some proceeds to pay off loans, and payed down >30% of credit card debt. I was shocked to see how badly all of these things hurt my score. So here I am monitoring things and trying to make incremental improvements so that I can buy a new home in the state to which I just relocated. Turbo helps stay on top of things at a macro level. Thanks!

by MannyTEsp

A few years ago I was made aware of this app Tax trough various types of advertising.
Soon family members and friends had mentioned the service.
When I hear about something new that is being touted I am very skeptical, you may call me a hard sell.
This was no different for this app Tax.
Then came the year I decided to take the plunge.
I am not disappointed, on the contrary there was so much more that was offered than I thought!
The support group / service representatives are very knowledge, courteous and extremely helpful.
It's a dynamic site constantly evolving and changing to accommodate the customer needs.
I'm not only sold on this app Tax I recommend it to people looking for this type of service.
I can only encourage you to 'take the plunge' you will not be disappointed.
I started with doing my taxes now I am signed up to their complete service.
Thanks for your service this app Tax I am a very satisfied customer!!!

Manny

by Lynnell57

I’m a retired government accountant and I struggled with keeping up with the changes once I returned stateside. That was 2007 and I’ve been a this app Tax client ever since. I can trust that they waded through all the updates to the tax laws, tested their software, and put out a quality product! Customer service is top notch, too! I’ve needed files retrieved, many prior year software requests, and sometimes advice that was beyond me. Thanks for being wonderful so that I can do my taxes in minutes and submit them early January! You guys rocks!!!

by Heyfaithy

this app has made it easy to see my open accounts along with their minimum payments each month! They suggest what bill to pay down first, and keep you motivated to build an emergency fund. It’s simple to use and has mostly a clean surface to look at. I love how you can pull your W2 info from last year, helping validate your income, but if you switched jobs, you will have to self report your income.

by M.Miramontes

I’ve been using this app for nearly two years now and it’s always been a helpful app/service. I believe its extremely important to be mindful when it comes to financial health. this app assists with by providing some general information in regards to credit score and DTI (debt to income) ratio, in a friendly and digestible form. I highly recommend this to anyone and everyone who is looking to improve their financial well being.

by Homestead20

I really want to buy a house this year and the this app app has helped me to stay focused on my credit and the things I need to do to get the best loan and interest rates possible.

I love how simple Turbo is to use and how it helps keep me on track to building stellar credit. I would recommend Turbo to anyone who wants to maximize their financial well-being and/or build their credit.

by AthenaMP

Using this app I was able to see an inaccuracy on my credit history as soon as it appeared. Resolving the issue has been a long process but I never would have realized it until next years report if I didn’t have this app.
Paying down my debts is great with this app because I see the balance slowly dropping each time I get an update which is always encouraging!

by Rspaulino

New review: after a few month of update I’m finally able to login and update my income and personal data and have Turbo working, I use Turbo and other to keep an overall look of my finance.

Old review: Turbo crash when I open it and ask me right away my rent, the moment i put it Turbo crash, try the website same thing. I tweet Intuit and nothing.