Employment Credit Check
A credit check, included as part of a complete employment background report, can assist in making a hiring decision by quickly and cost-effectively providing objective and factual credit information. Knowing the importance of this search, Justifacts offers you credit checks for employment purposes.
For those positions that require it, credit information provides insight into an applicant’s integrity and responsibility toward his or her financial obligations. This information should be considered whenever hiring a candidate for a position of financial responsibility and trust or when the position involves the handling of money or other valuable property.
More Than Just Financial InformationThe employment credit check report supplied by Justifacts contains information regarding balances and payment history of credit accounts and loans associated with the applicant, as well as public record information, including bankruptcies, liens and judgments. The employment credit report also includes more than just credit information. It will typically provide corroborating evidence of identity, age, employer and residence, which are useful when searching for County Criminal Records. Additionally, each credit report compares the applicant’s name to the Office of Foreign Control (OFAC) and list of Specially Designated Nationals (SDN).
A Word of CautionWhile a valuable part of an overall background check, it is important to note that an employment credit check may not be appropriate for every job category. Although allowed under the Fair Credit Reporting Act (FCRA), many states have passed legislation limiting the use of employment credit reports to only those positions that require it. Justifacts recommends consulting with legal counsel to determine the applicability of any legislation specific to the use of credit checks for employment purposes.
Experian and TransUnion Credit ChecksJustifacts is an approved provider of both Experian and TransUnion credit reports. Due to security concerns, all employers that desire access to credit information will be required to undergo an onsite inspection of their facilities.
Justifacts provides an accurate and cost-efficient employment credit check, thus ensuring that your hiring decisions are well informed and judicious.
To learn more about our Employment Credit Check services: Request Information