Billshark Review: What Is It, How Does It Work, Is It Legit?
Looking for a Billshark review? You've come to the right place! In this blog post, we will discuss what billshark is, how it works and whether or not it is a legitimate way to save money on your bills. We'll answer all your questions and compare it to other similar companies to help you decide if it's the right choice for you.
Billshark is a website designed to assist people with saving money by reducing their bills. It has a developed savings calculator so that users can see precisely how much they are expected to save when using the platform. Best of all, you don't have to pay anything for the service unless you actually get your bill reduced; in that case, there is only a 40 percent fee on total savings from the reduction. Therefore, there is potential for significant cost savings without any up-front costs.
Basically it is a personal concierge service that helps customers negotiate lower rates on their bills and save money canceling subscriptions. For example, if a customer is paying $200 a month for cable and internet, Bill shark might be able to negotiate that rate down to $150 a month. There are a lot of different types of bill that may be negotiated, and they have a very good chance of being reduced, including:
The company was founded in 2015 by Brian Keaney, Daniel Rodriguez, Steven A. McKean and it is headquartered in Franklin, Massachusetts.
In 2018, Mark Cuban, the billionaire investor from ABC's Shark Tank, invested in Billshark.
Cuban made the investment through his venture capital firm, Radical Investments. This is Cuban's first investment in a company that helps consumers save money on their bills.
At this time the negotiation company was a startup that was less than two years old.
Cuban said in a statement that he was impressed with Billshark's ability to quickly save its customers money. He also liked the team's passion and commitment to the business.
In January 2022, Billshark partnered with Intuit’s Mint to offer users an easy way to negotiate bill and subscription costs, saving customers hundreds of dollars on their bills. The new partnership allows users to connect their Mint account with the personal concierge service in order to get real-time recommendations on how to save money on their bills. This is the latest effort by the bill negotiation service to make it easy for people to save money on their monthly expenses.
To use Billshark, you first need to create an account and agree to the terms of service. You can sign up on the website or download the Billshark app which is available to download for iOS or Android devices.
Then, you'll enter your personal information, including your name, address, and phone number. You'll also need to enter the account numbers for each of your bills.
Once you've entered all of your information, the money saving app will provide you with a list of potential savings. You can then choose which bills you want to negotiate. Bill shark will work negotiating a lower rate for the customer. Basically they will work on your behalf to get the best possible deal.
There are a lot of companies out there that offer to help people save money on their bills. Some are scams, while others are legitimate. So, is it legit or a scam?
Billshark is legit and not a scam. We arrived at this verdict after carefully examining the company's business practices and customer reviews.
It is a legitimate business that offers a unique service. Customers can save money on their bills by allowing the company to negotiate lower rates on their behalf. The company has a team of experienced negotiators who have been able to secure discounts for customers in the past.
Additionally they are Better Business Bureau BBB accredited with an B+ rating. The company has received some press coverage, including features in Forbes and The Huffington Post.
Overall, we believe that it is a credible and trustworthy company. It provides a valuable service that can help customers save money on their bills. We would recommend using its services if you are looking for ways to reduce your expenses.
One of the great things about this app is that there are no contracts or Billshark fees. You only pay a percentage of the savings that they achieve for you, capped at 24 months. And if it doesn't save you any money, you don't have to pay anything. Let’s take a look in detail at all the potential costs of using the platform.
How much it costs depends on how much money you save. If you save nothing, then there is no cost. However, if you save $100 on your cable bill, for example, then you would owe the company $40 (40% of your total savings $100).
So, it's a win-win situation. You either save money and pay nothing, or you still save money but pay a small fee. And they guarantee that you will save money.
There are several ways to pay the service: by invoice, credit card, or six-month payment plan. The first two are pretty self-explanatory. The six-month payment plan is a way to spread out the cost of using the service over six months. This option is available for a one-time charge of $9.
Overall, the negotiator tool is an affordable and easy way to reduce your monthly bills without any hassle.
The subscription cancellation service costs $9 per subscription canceled. This is a flat fee, regardless of how many subscriptions are canceled. The service guarantees to cancel a subscription within 24 hours of being contacted.
You can use it to cancel any kind of subscription including your DashPasss, Uber One, Instacart+ and more.
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That is a question that many people may be asking themselves, and rightfully so. After all, when it comes to our hard-earned money, we want to make sure that we are dealing with a reputable company. So, is this service safe?
Well, the answer to that question is both yes and no. Let's start with the no part of the equation. There have been some complaints about Billshark not always living up to its promises. In some cases, people have said that they were promised a certain amount of savings on their bills, only to see little or no difference after working with bill negotiation service.
However, it's important to note that these complaints are not widespread, and that the majority of people who work with the negotiation service are happy with the results. Additionally, the bill negotiator company has a very good reputation overall, and is considered to be a very reputable company. So, while there have been some complaints, it's generally safe to say that Billshark is a reliable business.
Now for the yes part of the equation: Billshark is absolutely safe to use. They are a registered company with the Better Business Bureau (BBB), and they have an B+ rating with the BBB. This means that they have met all of the BBB's standards and are considered to be a trustworthy business.
Additionally, they encrypt all of your personal information using state-of-the-art security technology. Customer data is safeguarded by 256-bit encryption. This means that your information is protected at all times, and cannot be accessed by anyone other than you and the company's employees. So, rest assured knowing that your information is safe and secure when you use their services.
When it comes to using Billshark, there are definitely pros and cons to consider. On the one hand, the company has successfully negotiated lower bills for many people - often saving them hundreds of dollars a year.
One of the benefits of using the platform is that there is no fee unless they save you money. So, if they are not able to save you money on your bills, then you don't pay anything. In addition, the Billshark negotiator offers a guarantee. Basically they guarantee to save you money on your bills or its service is free. If they are not able to save you money, you do not have to pay a cent.
On the other hand, some people have complained about the company's tactics, saying that they were not given a choice in the matter and that their service was downgraded without their consent.
Finally, when it comes to canceling subscriptions or free trials, you can easily do it by yourself. You do not need a service for doing that. Just put a reminder on your phone! That way, you'll be sure to cancel in time and won't have to worry about it.
Overall, whether or not you decide to use the platform depends on your own personal circumstances and preferences. If you're looking for a way to save money on your monthly bills, then Billshark may be a good option for you. However, if you're uncomfortable with the idea of using a third-party company to negotiate your bills, then you may want to explore other options.
When it comes to finding a reputable and affordable bill negotiating service, there are a few options to choose from. Billshark and Truebill are two of the most well-known services in this category. Both companies offer similar features, but there are some key differences that can help you decide which is the best fit for your needs.
Billshark is a company that helps you save money on your bills by negotiating a lower rate on your behalf. You need to enter your bill information manually into the system, and then they will negotiate a lower rate with your service provider.
Truebill is one of the main Billshark competitors. Truebill is now called Rocket Money. The app that connects with your checking account or credit card to find subscriptions and track or negotiate savings. It charges at least 30% of the annual savings it negotiates off your bill, which you have to pay up-front as a lump sum.
Truebill offers additional services such as a smart saving account and budgeting features, but you have to pay a premium membership in order to use them.
So, which one is better? In general, Truebill seems to be the better choice. It has a lower up-front cost (30% vs 40%), and it doesn’t require you to enter your bill information manually. Additionally, it can connect with more types of accounts than Billshark can.
When it comes to canceling a subscription service, Billfixers does not offer this service. They only negotiate bills. This can be an expensive option, as you have to pay 50% of the first year's savings. Billshark, on the other hand, offers a cancellation subscription service. For a small fee, they will cancel your subscriptions and save you money. In many cases, they are able to save their clients more money than Billfixers.
Canceling your Billshark account is easy, and can be done in just a few steps by calling the customer support. Don't forget to cancel any service requests. Remember that if you submitted a service request and wish to cancel it, you must do so within 24 hours of submitting your request for Services.
If you have any questions or inquiries about your account, you can contact Billshark customer service department by email at help@billshark.com or by phone at 800-957-1710. They are available Monday through Friday from 9:00 a.m. to 5:00 p.m. EST. You can also reach them by mail at PO Box 92, Hopkinton MA 01748.
When it comes to the question of whether or not Billshark is worth it, there are a few factors to consider. The first consideration is the cost of the services. Billshark charges a percentage of the savings on your bills for their services. For example, if you saved $100 on your annual bills, you would pay Billshark $40 for their services. This may seem like a lot, but it is important to remember that you are not paying any bill consolidation fees, and you are not required to have a minimum amount of bills in order to use their service.
Another consideration is the time commitment required to use Billshark's services. You must be willing to track your monthly bills and submit updates to Billshark every month in order to receive their discounts. If you do not have the time or energy to do this, then using Billshark's service may not be for you. However, if you are willing to put in the effort, then you can save a lot of money on your monthly bills.
Finally, it is important to consider whether or not you trust Billshark with your personal information. They do require access to your bank account and credit card information in order to negotiate your bills on your behalf. If you are uncomfortable with this, then you may want to reconsider using their service.
Overall, whether or not Billshark is worth it depends on your individual circumstances. If you are comfortable with the cost and are willing to put in the time and effort required, then they can be a great way to save money on your monthly bills. However, if you are not comfortable with giving out your personal information or if you do not think you will be able to save enough money to justify the cost, then Billshark may not be right for you.
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