Sentences with phrase «employers run credit checks»

Whether the use of credit checks for employment purposes is discriminatory to certain job applicants — which ESR also named Trend # 1 in its Third Annual Top Ten Trends in the Background Screening Industry for 2010 — is a question that will be asked as long as employers run credit checks on job applicants with money troubles.

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.

This is important since credit checks are being used for so many purposes these days — not just credit cards and car loans, but many employers run a credit check before making a job offer.

Employers running credit checks on job applicants must tread carefully — The screening tool is increasingly seen as unfair by state legislatures, though they may make sense in some cases... (See Credit checks)

Overall, SHRM found that 60 percent of employers ran a credit check on at least some applicants, an increase from the 42 percent in 2006 and 25 percent in 1998.

After attaining the permission of applicants, employers running credit checks on potential employees may use services such as Employment Screening Resources (ESR) that provide special employment - only credit checks with other background check information.

Many employers regularly check their employees» credit and most potential employers run a credit check before hiring a new employee.

Not exact matches

A recent survey by the Society for Human Resource Management found that 60 percent of employers asked said they run credit checks on at least some job applicants.

In Nevada, employers who illegally run credit checks on prospective employees may be forced to hire them anyway.

Of course, if you've been unemployed for months or years, your credit may be damaged due to lack of income, which is one reason why California, Connecticut, Hawaii, Illinois, Maryland, Nevada, Oregon, Vermont and Washington forbid employers from running credit checks as a condition of employment.

Your future employer may even run a credit check on you.

If your credit score falls in that credit range, you'll have difficulty being approved for new credit, and may even have job or rental applications rejected if an employer or landlord asks to run a credit check on you.

You could legally be turned down for a job solely because of poor credit (or because you decline to give the employer permission to run a credit check on you).

Even worse, many employers now run a credit check as part of their job application process, and a particularly low credit score might be seen as a lack of financial responsibility on your part — fair or unfair as that may be, given your circumstances.

SHRM survey showed that 40 percent of employers do not run credit checks on any candidates.

Apart from banks, these days you'll find employers, insurance companies and landlords asking if they can run a credit check.

It may even affect your chances of getting a job or an apartment, as landlords and potential employers often run a credit check to see what your background looks like.

Some potential employers even run credit checks on job candidates.

The contents of one bill that passed the New York state assembly (but subsequently died in the Senate) made it unlawful for any employer to run a credit check on an employee unless otherwise required by law.

Federal regulations, which of course apply to all states as well, say employers are permitted to run a credit check on potential employees, provided the employee is given notice of the impending credit inquiry during the hiring process.

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.

Fair Credit Reporting Act (FCRA): If you've ever had a prospective employer ask to run a background check, you'll want to know about your legal protections under this law.

If your job involves finances or other sensitive information, your potential employer may use your social security number to run a credit check.

Running a quick background check on the blind date you've been set up with might be a good way (or not, remember it's going to be a database search) to use the latest mobile background screening apps, but the FTC fears employers might be using these apps for employment screening purposes — and that could very easily violate the Fair Credit Reporting Act.

For instance, in California, a few of the exceptions to the bill are that employers can still run credit checks for a:

It is illegal in New York City for an employer to indicate on an application that they will run a credit check as part of their application evaluation.

A background check that includes a credit report is usually run only after an employer has gone through the time, cost, and effort to find the right candidate.

By Thomas Ahearn, Employment Screening Resources (ESR) News Editor A recent article from Inc.com, «How to Run a Credit Check,» reveals best practices from experts for every step of the credit check process during employment screening so that employers may check the financial stability of potential emplCredit Check,» reveals best practices from experts for every step of the credit check process during employment screening so that employers may check the financial stability of potential emploCheck,» reveals best practices from experts for every step of the credit check process during employment screening so that employers may check the financial stability of potential emplcredit check process during employment screening so that employers may check the financial stability of potential emplocheck process during employment screening so that employers may check the financial stability of potential emplocheck the financial stability of potential employees.

A recent article from Inc.com, «How to Run a Credit Check,» reveals best practices from experts for every step of the credit check process during employment screening so that employers may check the financial stability of potential emplCredit Check,» reveals best practices from experts for every step of the credit check process during employment screening so that employers may check the financial stability of potential emploCheck,» reveals best practices from experts for every step of the credit check process during employment screening so that employers may check the financial stability of potential emplcredit check process during employment screening so that employers may check the financial stability of potential emplocheck process during employment screening so that employers may check the financial stability of potential emplocheck the financial stability of potential employees.