Van Ru Credit Corporation was founded in 1953 in Des Plaines, Illinois, by current CEO and owner Albert Rubin. The company is a collection agency that works for a variety of banks and federal institutions.
The company offers collection services for a wide range of industries including education, energy, financial institutions, telecommunications, and health care facilities. The company is privately held and employs approximately 700 persons full time. The company currently has an A+ rating with the Better Business Bureau and is a member of the American Collectors Association since 1964.
Van Ru Credit Corporation was named in a class action lawsuit in 2012. The complaint stated that the company routinely violated federal law by calling numbers via Robo-Calling. The company agreed to pay $2.3 million (approximately $1600 per plaintiff) in August of 2014.