Armored Debt Center is a debt settlement company that provides standard debt negotiation on the behalf of their clients.  Their website mentions credit card debt the most on their front page, although they emphasize handling “other kinds of debt” as well.

They place an importance on their negotiation process which helps give them an edge when it comes to working with creditors.  They state that the “company and staff have years of experience in debt negotiations.”

Most if not all of the information is standard things that a debt settlement company would place on their site.

Quick facts about Armored Debt Center:

Founded in:  June 5, 2008

Years in Business:  1

Number of employees: Unknown

BBB Rating: F

BBB complaints:  None

Free Information?:  They offer a free evaluation if you fill out their form on their website.

Escrow or Payment Plan Available:  They call these accounts “trust accounts” but it is unclear as to whether or not they are owned by the client or themselves.

Source of Funds:  From budgeted amounts set aside by the clients.

Fee Structure:  Not disclosed.

Average Settlement:  Not disclosed

Refund Policy:  Unknown

Minimum Debt Required:  Not disclosed

About the Company

Armored Debt Center is a relative newcomer to the debt settlement business.  The principle owner is Andrew Roosen and they are based in Irvine, California. 

Beginning the Process

You are asked to fill out a form on their website for a free evaluation.  Your email and phone numbers are all requested in order to get this going.  They also ask for the amount of your unsecured debt.

Types of Debt Serviced

They focus mainly on unsecured variety such as credit cards.

Term Guarantee

None given.

Worth Noting

The “F” rating from the Better Business Bureau is a red flag on this company.  Even though they have no complaints on file, the BBB states that the rating of “F” is due to either the lack of communications on requests sent to them, that the advertising for them is “grossly misleading,” there are problems with their compliance to laws on licensing or registration or there are serious allegations against them.

Program Caution and Your Responsibilities

Dealing with a company like this causes those who choose to do so to exert extra effort in obtaining answers to questions that are standard issue for this type of business, like what is the minimum debt amount required to work with them, what is their fee structure and do they have a refund policy. 

Will Debt Collectors Still Call? 

Not stated

Other Information:

The company divulges too little information to be considered for anything other than comparison to others in this same business.  Their lack of information provided on the website means anyone considering working with this company will need to do extra research and probably speak to a representative to get their questions answered.  Remember to get the facts in writing before signing on the dotted line!