I.C. System Collection Agency - also known as Intelligent Collections
I.C. Collection Agency Mailing Address:
I.C. System, Inc.
444 Highway 96 E
Saint Paul, MN 55127-2557
I.C. Phone: (651) 483-8201 or (651) 204-1220 or toll-free (800) 279-7951, I.C. Intelligent Collections Website: www.icsystem.com
Email: consumeraffairs@icsystem.com, Ms. Barbara Erickson, Chairman (Principal)
Who is I.C. Systems Collection Agency? If you're getting harassing like phone calls and letters in the mail from a company called I.C. System (Intelligent Collections), here's what we dug up about them.
It is a collection agency (apparently been around for quite a while as it was founded in 1938). It's corporate headquarters are in St. Paul, Minnesota and they have a branch office in Fargo, North Dakota. One of their more than 1,000 debt collector employees may have contacted you at some point.
If I.C. System's debt collectors are coming after you, then you probably have an old consumer or business debt that's not settled. Among its bag of tricks for collecting money from you are credit reporting - placing a charge off or collection on your credit report, skip tracing, and litigation and non-litigation attorney referral. (This means they will could sue you for unpaid debt.
According to it's website I. C. System specializes in collecting for hundreds of telecommunication and utility companies, so if you skipped out on paying that phone bill from your college apartment, I.C. System's bill collectors know about it and may come after you!
Most collection agencies out there are "junk debt buyers", which means they go out and purchase a bunch of debt for pennies and try to turn a profit. However, I.C. sometimes acts as an "internal collection office" meaning the debt is still owned by the original creditor.
This is a good thing because it means the debt has not been charged off yet - and you can still salvage your credit history!
On the other hand, they also can be a third-party agency which means they bought and own the debt and now you have TWO bad credit items to deal with on your credit history.
How to Settle a Bad Debt with I.C. System Collection Agency
Before you start negotiating a collection account, you should understand There are several ways third-party collection agencies make money.
(a) Often they work on commission, and receive a percentage of any amount of debt they successfully collect. (b) Agencies may also purchase large groups of bad debts for only a small percentage of their face value (what is actually owed). When debt is sold, the debtor no longer owes the amount to the creditor; he or she owes the full amount of the debt to the purchaser. When collection agencies purchase debt for a tiny fraction of their face value they stand to make an enormous profit on the difference between the purchase price of the loan and the amount you agree to pay!
This is a concept that you must keep in mind when negotiating with I.C. System debt collection agency.
The bottom line is that you can offer these guys a fraction of the balance owed and they will still make a huge profit! However, be WARNED that if you offer to pay an old debt outside the Statute of Limitations, you re-start "the clock". You will have NO defense and end up totally botching the settlement process - and your credit report.
What are My Rights with I.C. System Collection Agency? The FDCPA is enforced by the Federal Trade Commission (FTC) and prohibits abusive collections tactics that invade your privacy or could be considered harassment.
Among other things, collectors are not allowed to make threats or use abusive language, involve third parties or discuss your account with anyone else. These practices are illegal, and if you’re in a situation where I.C. Systems is violating the FDCPA, you should contact an attorney who assists victims of the unethical practices of debt collectors.
I.C. Systems bill collectors can be an enormous pain. If you want instant help dealing with the I.C. Systems Collection Agency, call this number: 1-800-232-2903. These guys erased my collections and charge offs and fixed my credit score.
"I just want to share with you my story about how my credit situation. If you are someone struggling with bad credit, then I was walking in your exact same shoes...
And today - if you look behind me - this is the house that I bought.
So, obviously my credit situation has changed.
Basically, while I was in college I ran up my credit cards and acquired a lot of unmanageable debt which destroyed my credit rating.
About a-year-and-a-half ago when I went to try to buy a house, the banks laughed at me and made me feel bad about what happened in college. (They basically implied that I was a deadbeat SCUMBAG even though it really wasn't all my fault).
I knew that I had to fix my credit, but didn't know how to do it myself so I went to Lexington Law.
Now, literally within several months, I was able to purchase a $300,000 new home without any trouble at all obtaining a mortgage.
So instead of going into banks with bad credit and being looked at as a scumbag, the banks were more than willing to help.
In fact, when I applied for my mortgage and the banker ran my credit, he came back and was saying...
"Wow! Sure thing sir. We'd love to help you out."
Lexington Law literally changed my life.
I went from being the person who has bad credit to being the person who is living in what I consider my dream home at age 29.
I had basically every kind of negative listing shy of a bankruptcy.
Lexington Law has raised my credit score at least 237 points. I just checked my FICO score which is now a 737. When I started with Lexington Law, it was below 500!"
I encourage anyone struggling with bad credit to pick up the phone and give Lexington Law a call.
It was super-encouraging to see my credit score improve each month as the negative items were deleted from my credit reports. I thought some of the bad credit was permanent since creditors misled me into believing that delinquent information would stay on my credit report for the next seven years.
However, through their dispute process and "goodwill interventions," Lexington Law proved it is possible to remove any questionable negative item. (it is the same as pleading 'not guilty' in a court of law).
Additionally, the paralegal assigned to my case showed me other credit rebuilding techniques such as:
Deleting the negative credit items like charge offs and the credit card judgment, combined with the credit rebuilding techniques, rapidly improved my credit score. In fact, in month two my score went up 74 points!
After living with bad credit for so long, it was really encouraging to see that I was making progress in the right direction.
Not only did the attorneys at Lexington Law show me results, they also provided excellent customer service along the way. If you are someone who enjoys that "personal touch", then you may like how Lexington Law assigns a paralegal to your case.
My paralegal (Stephanie) was always available to discuss the status of my case over the phone and email. Even though I didn't expect or ask for it, my attorney would also periodically give me a call to check in.
Here are some strategies Lexington Law used to delete the really stubborn bad credit - such as the credit card judgment:
You can also access you case online anytime you like. (I enjoyed logging in just to see all the deletions!)
If you are struggling with a bad credit score because of negative credit items, then I truly hope that you start repairing your credit today. I know how humiliating bad credit is and I know how easy it is just to 'sweep it under the rug' and pretend it will go away on its own.
I realize that your situation is probably a little different than mine, however, Lexington Law has already deleted questionable charge offs, a credit card judgment, late payments, collection items, and inquiries from my credit report and raised my credit score to a 737!
Here is a shot of my credit score online last month -:
To get started repairing your credit, call Lexington Law today direct at:
1-800-232-2903 (toll-free)
Or, if you want a Lexington Law paralegal to call you, click here.
