Sentences with phrase «companies run credit checks»

The main reason that insurance companies run credit checks is because studies have shown that people who tend to make late payments are often more likely to file more claims.
It goes without saying that credit card companies run credit checks.
Thus, the company runs no credit checks or other time consuming credit verification processes and offers a credit card to someone with bad credit provided that they have purchased enough goods to make the offer suitable.

Not exact matches

To subvert employees who set up dummy corporations and then submit fraudulent bills, analyze all payments to new or unfamiliar suppliers by running Dun & Bradstreet credit checks or otherwise verifying each new company's authenticity.
When you sign up for a new telecommunications service and the company asks if they can run a credit check, ask if it's possible for a soft inquiry instead of a hard inquiry.
Some finance companies don't run a credit check but require regular and stable income and look at the customer's individual circumstances.
The agency that runs the state's Excelsior Jobs tax credit program often failed to check on companies» eligibility before they joined the program and did not follow up on whether the companies had met their investment and job creation goals before awarding them tax credits, the state Comptroller's Office found in a critical audit.
(I checked on CreditKarma yesterday and it says that a company ran my credit.)
Consequently, no credit check can or will be run by the mortgage companies who receive your information.
If you decide to move forward renting with a debit card, the rental company will run a credit check.
By submitting this loan application form, you are giving Jersey Mortgage Company authorization to run a credit check on your financial history.
Examples of other soft inquiries are when companies check your credit for pre-approved offers, or when you apply for a job and your potential employer runs a credit check.
When you sign up for a new telecommunications service and the company asks if they can run a credit check, ask if it's possible for a soft inquiry instead of a hard inquiry.
After you enter all of your information, companies will run a soft or hard credit check.
The companies then run background checks, including a close examination of credit scores, available credit, and recent credit card applications, and they plug those factors into mathematical models that predict the likelihood that you will repay the money.
Many states still allow companies to run credit checks on their employees and job candidates.
No credit check can or will be run by the mortgage companies who receive your information.
The majority of payday loan companies provide their service without running a credit check.
Story in WSJ today about how more and more companies are running background checks / checking credit scores.
Also credit card companies constantly run credit checks to see the worthiness or likelihood with their algorithms to be paid back.
Only 25 percent of companies with 100 to 499 employees run credit checks, compared to 45 percent of companies with 2,500 to 24,999 employees.
Companies have to tell you in advance if they want to run a credit check.
In the case above, it is highly unreasonable (although standard practice) for a brokerage firm to ask $ 450 to run a credit check when most mortgage companies charge less than $ 100 for the same service (some simply bill for the cost of the credit pull $ 12).
If you elect to proceed with purchasing insurance from a particular insurance company, that insurance company may seek additional information about you, including by contacting you directly by email, postal mail or telephone or running a credit check about you.
Apart from banks, these days you'll find employers, insurance companies and landlords asking if they can run a credit check.
Because you're using your car as collateral, auto title loan companies typically don't run a credit check.
From what I can gather, the company runs your check through one department, and if they are not sure about you, they send your application on to another wing of the company, and this wing of the company runs its own credit check.
For the most part, these credit checks are not standard, especially in comparison to the previous three types of background checks, but if your new employee is getting access to the company credit card or running the accounting department, it's probably a good idea to make sure they're good with money.
If you suspect your employer or another company improperly ran or relied upon a criminal background check or credit report, you need to immediately talk to an experienced FCRA attorney.
If you elect to proceed with purchasing insurance from a particular insurance company, that insurance company may seek additional information about you, including by contacting you directly by email, postal mail or telephone or running a credit check about you.
It might not seem fair, but life insurance companies can run a credit check on you in the application process.
Some insurance companies may not even run any credit checks.
Before quoting, the insurance company will run a check on your credit score to also see where it stands at that particular point in time.
In general, if a company asks for your social security number (SSN), they are most likely going to run a credit check on you.
Discover which auto insurance companies do not run a credit check when determining your insurance rates by reading below.
A quick Google search for «free credit reports» will put you in touch with many of these companies that will run a credit check for you.
Insurance companies often run credit checks to help determine the costs for insurance policies.
Companies are running credit checks on job applicants more often and are using that credit information as part of the process when making hiring decisions.
Companies will also run background checks, reference checks, and possibly a credit check as part of the recruitment process.
They also run background checks on potential tenants to evaluate their credit status and criminal record to determine if they meet company requirements.
They discussed the major issues background screening companies are coming across including the everyday challenge of running background checks, potential liability issues under the Fair Credit Reporting Act (FCRA) and legislative changes due to «Ban the Box» laws and recreational and medicinal legalization of marijuana.
When you run background checks through a company in the business of compiling background information, you must comply with the Fair Credit Reporting Act (FCRA).
Leonard Frenkil Jr., CPM ®, of Washington Place Management in Baltimore, uses Levin's company to run credit reports, check court records and criminal histories, and conduct applicant phone interviews.
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