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Why should I check credit history?
When searching for applicants to fill a position that requires handling cash,
inventory, or working in finance or accounting, you want someone who is
suitable and can exercise financial discretion.
One way to determine their reliability in this arena is to check their
credit history.
Checking the credit history of an applicant will help you determine if
they are suitable for a position handling cash as well as a possible way
to gauge trustworthiness and reliability. It can also alert you to financial
situations that may have an impact on the applicant's ethics.
What will a credit history report online show?
When you get an employment credit report, it will not provide a credit
score, but it will show open accounts and delinquencies, and other public
records such as judgments, liens, and bankruptcies.
Check credit history – things to consider
Every credit history report provided by PeopleCheck is done in strict
compliance with the Fair Credit Reporting Act (FCRA). A credit history
report should only be requested when it is specifically relevant to a
job function and the employer has appropriate policies and procedures
in place to ensure that the use of credit history reports are relevant
and fair.
For more information on online credit history reports,
contact
us today.
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