This article showcases our top picks for the best Minnesota based Debt Collection companies. These startups and companies are taking a variety of approaches to innovating the Debt Collection industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Minnesota Debt Collection Companies
IC System is an accounts receivable company headquartered outside of St. Paul, Minnesota.
Founded in 1938 by Ruth and Jack Erickson, the company has been family-run for the length of its eighty-year existence. It is now in its third generation of Erickson leadership.
Founded on the principles of providing honest and ethical service, the company is committed to utilizing practices driven by its own moral code to improve financial outcomes for both clients and consumers. To this end, representatives for the company are highly trained with respect to relevant legal and business considerations as well as proper consumer relations.
This focus on training not only helps to achieve successful results, but also to maintain relationships that clients have built with their customers. To facilitate the company’s commitment to quality, its guiding principles have been condensed into a code of ethics known as its statement of core values.
These values help to direct all actions taken by the company, allowing it to keep policies consistent with the philosophies built into its foundation. The core values focus on the five areas of people, integrity, performance, pride, and innovation.
In a constant effort to encourage the following of ethical practices throughout the company, quarterly awards are given out to employees who best typify the core values in the workplace. In addition to the above areas of focus, the company also places particular emphasis on compliance and security.
Jefferson Capital is an industry-leading provider of traditional and unique recovery services for consumer charged-off accounts. Their clients include creditors and national debt buyers.
They offer services such as a Payment Rewards Collections Program, purchasing and servicing of secured and unsecured bankruptcies, as well as traditional purchasing of distressed portfolios.. .
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