American Debt Control pushes their program as a better alternative to bankruptcy because they realize that most people who are searching for a debt settlement company are more than likely on the brink of filing for bankruptcy as a way to get out of unsecured credit card debt. This fact is used to goad creditors into settling their accounts at a much lower rate that the customer owes.

Interestingly enough, American Debt Control offers a guarantee that states that if they do not settle and enrolled debt in their program, they will refund the service fee for that part of the account. This is somewhat uncommon in this industry.

Quick facts about American Debt Control:

Founded in: August 2005

Years in Business: 3

Number of employees: Not disclosed.

BBB Rating: F

BBB complaints: 15 total, 7 in the last 12 months.

Free Information: Available at the website but details are hard to come by.

Escrow or Payment Plan Available: Yes, the account is in your name, as well.

Source of Funds: Your monthly payments.

Fee Structure: Not disclosed.

Avg Settlement: Not disclosed.

Refund Policy: Not disclosed.

About the Company

Founded in August of 2005 in Grapevine, Texas, this debt settlement company is a little different in the way they handle their fees. Since they do not disclose them, it is assumed that they tailor a program to fit each customer’s needs and ability to pay.

Beginning the Process

Contact them via their website web form or call their toll-free number.

Types of Debt Services

Unsecured.

Worth Noting

There are no fees disclosed and their website has no FAQ, which is normally very helpful in disseminating information about the services provided. It might not be a bad company with which to do business, but there is little to go on to give one confidence in even calling them to find out for sure.

Program Caution and Your Responsibilities

Make sure you ask questions about fees since they are not disclosed on the website.

Will Debt Collectors Still Call?

Not addressed.

Other Information

They offer a free ebook called “12 Questions to Ask Before You Hire a Debt Settlement Company.” In order to get this book, you must provide your first name and email address. They do not say whether or not you will be entered into a database of prospects. This should be disclosed up front, but sometimes is not. A slick marketing trick like this places your email address on a list that is not only used by these companies, but is sometimes sold to other companies as well. This is just something to look out for.