Pre employment credit checks are often conducted by employers in order to:
- Assess Candidate Responsibility – A candidate who exercises good judgment with their personal finances and meets financial obligations on-time may be more likely to execute their job duties in a similar manner.
- Guard Against Misuse of Funds – Applicants in difficult financial straits may present a greater risk for misuse of funds and be poorly suited for positions involving financial responsibility.
Conducting Employee Credit Checks:
You’ll receive a full consumer credit report, access comprehensive financial information and make the most appropriate hiring decision possible.
Employers must obtain the applicant’s written consent before performing any type of credit check. Employers may not use an individual’s credit history as a factor in their hiring decisions unless the information is relevant to the position.