Intuit – Turbo, A Free Financial App That Shows Consumers Where They Stand Financially

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Intuit Inc., the maker of TurboTax® and Mint®, launched Turbo, the first and only financial service that brings together the three numbers that matter most: verified IRS-filed income, credit score and debt-to-income ratio, into a first of its kind financial health profile. Turbo, which is available now at www.MyTurbo.com and in the Apple App Store, shows consumers where they truly stand financially– beyond the credit score – so they can take the first steps toward achieving their financial dreams.

With customer consent, Turbo completes the story by effortlessly translating the verified financial data from an individual’s tax return and credit report into a robust and easy to understand personal profile. Key Turbo features include:

  • True Financial Profile: Turbo shows the three key numbers that matter to your financial health – verified IRS-filed income, credit score and debt-to-income ratio. For each of your numbers, get the “whys” behind them, key takeaways, and comparisons to people like you.
  • Customized Advice and Insights: Turbo provides customized advice and insights, like how a user might improve their debt-to-income ratio or improve their credit score, so they can qualify and secure a loan at the best rate possible.
  • Benchmarking: Turbo will help consumers benchmark themselves against people like them using verified tax and credit data, so they can see where they truly stand financially.
  • 24/7 credit monitoring: Turbo alerts you as soon as we notice new or suspicious activity on your credit report. Get instant access to your report and see what’s changed.

“We are at a pivotal moment when our country’s largest workforce isn’t collectively capable of planning for their financial future,” said Dan Wernikoff, executive vice president and general manager of Intuit’s Consumer Group. “Through TurboTax and Mint, we’ve accumulated unique insights into the financial lives of millions of consumers and with their consent have leveraged those insights to create Turbo. It’s time to empower this generation – and everyone – to finally know where they stand, so they can take the first steps toward financial freedom.”

Availability

Turbo is free for everyone and available at www.MyTurbo.com and in the Apple App Store. It will soon be available for Android in Google Play.

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