IC System began in 1938 thru the efforts and organizational skills of Ruth and Jack Erickson. The Erickson’s core values for IC System were honest service while being guided by ethical standards. IC System is celebrating 80 years in the business of portfolio recovery for its clients and remain firm in the founding principles in which it started. The Erickson ownership is now in its third generation and carries on the principles for Ruch and Jack Erickson.
IC System has always integrated innovation into its business practices and was the first portfolio recovery company in the United States to switch from typewriters to computers in 1968 (http://tcbmag.com/honors/articles/2013/2013-minnesota-family-business-awards/i-c-system,-inc).
IC System follows strict government regulation standards set by the Consumer Finance Standards Bureau and the Telephone Consumer Protection Act. IC System is continually seeking better ways to carry out its work using acceptable government standards in its professional applications for clients and consumers.
IC System agents have at their disposal the most advanced collection tools to use in interacting with clients daily.
IC System is located in St. Paul, Minnesota. While the times have changed and we live in a digital age, the principles began with the Erickson’s in 1938 have remained the same, “ethical and honest.” IC System takes great pride in being able to offer customer-friendly practices. IC System strives to gain the best results for every opportunity at hand. IC System has been awarded the BBB Torch Award consecutively from 2013-2015.
When Ruth and Jack Erickson were starting their small business back in 1938 to serve the needs of its clients, they made sure they founded on honest and ethical principles that would last. Now having served over thousands of its clients with professional and satisfactory results the three generations of Erickson input have made IC System the family-owned and customer-friendly portfolio recovery business what it is today.