Work Background Check Credit Report

How employment credit checks work.

Work background check credit report.

Employers gather a wealth of information in order to evaluate a candidate s character and help protect against the wrong hire. Run a credit background check for as low as 0. Most screening services require you to go through membership before using their service. When a pre employment credit report is run on an applicant their fico score will not be included since a background check is different from a credit report that s being checked for issuing actual credit.

Credit reports for employers are useful for determining financial responsibility money management and the possibility of wage garnishment by state or federal tax. Grow your business by using our credit report data to help determine the risk of new customers clients rental applicants and employees. Requesting a credit report for a pre employment screening is sensitive in nature and is usually only accepted for specific positions. Does the employer need my permission to access my credit report.

Once you ve been offered a job or sometimes a promotion the employer will request a credit check from a third party company. In some cases application components such as background checks or credit reports are modified to reflect state and local legal requirements. If an employer uses a third party to conduct a background check or to access the credit report of an employee or applicant the employer must obtain written consent prior to beginning the investigation accessing the credit report. If an employer conducts his or her own investigation or obtains their own credit report the.

The fcra is a federal legislation that sets the standards for how consumer reporting is used in various capacities including employment. You receive their application including a background check credit report and eviction history. Pre employment credit checks reveal judgments liens bankruptcies previous addresses prior employment variations in their social security number and possible aliases used. As the leader in the industry experian provides accurate and comprehensive credit and non credit data on more than 220 million individuals and 27 million businesses.

Small businesses need credit and criminal background checks for open positions but often lack a convenient way to perform these employee background checks making screening difficult. When employers use a third party to check someone s background the fair credit reporting act fcra restricts what they are allowed to check and how.