Why does a potential employer need your credit report?
Many times people wonder why a potential employer may require a credit report before they decide to hire someone. They ask, “What does doing a job have to do with how I pay my bills?” Also, you may wonder what an employer is looking for when they ask you to sign an employment credit report permission slip. Different employers have different reasons for running a credit check on a potential employee. An employer cannot request a credit report for an applicant without written authorization from the applicant. Read more
What is a “credit check”?
A “credit check” is the process of reviewing a person’s credit history prior to credit being extended. For example a bank may conduct a credit check, when processing a customer’s loan application. The result of the credit check will determine whether or not the loan is granted. Read more