Before you commit to doing business with a new customer,
consider running a credit check on them to make sure you're confident in their ability to pay their bills.
Not exact matches
Generally speaking, a hiring manager will conduct the entire job interview process and only ask permission to
run a
credit check after you've been offered a position or are being seriously
considered,» explains Andrew Schrage of MoneyCrashers.
Use trusted
credit - reporting agencies to
run instant
credit checks, and
consider using longer - term services like ongoing
credit monitoring.
While we do
consider same day loans for individuals with bad
credit, as a responsible lender, we work with
credit reference agencies such as Lending Metrics and Equifax to
run credit checks to better understand a customer's suitability for a loan.
It's a good idea to
run a
credit check once a year anyway but it is a must - do when
considering refinancing your mortgage.
Thus,
running a
credit check should be the last thing or priority to
consider.
Generally speaking, a hiring manager will conduct the entire job interview process and only ask permission to
run a
credit check after you've been offered a position or are being seriously
considered,» explains Andrew Schrage of MoneyCrashers.
Before renting to tenants
run a
credit and background
check on them, remembering of course, what the law says about what can and can't be
considered when accepting or denying a tenant.
They're more likely to
run credit checks, and require certain scores to
consider a tenant.