How do Credit Reports Help the Hiring Process?

When you go about hiring a new employee, being as thorough as possible is the best way to ensure that you are selecting the right person for the job. One way that employers, particularly those involved in the financial industry, are checking into applicants’ histories is through credit reports. By hiring a third-party service, such as AIR Pre-Hire, to conduct your credit reports, you can ensure both accurate information and compliance with federal law. But how exactly does a credit report lead you to the best hiring decision possible?

First of all, it is important to note that while credit reports do provide very important information, it does not necessarily have to make or break an applicant’s future. Credit reports can give you a clearer idea of the applicant’s financial history; you should be on the lookout for things such as a bankruptcy or a poor credit rating. Apply this information to the other facts that you have found through conducting background checks: do all of the facts come together to indicate a general lack of responsibility and reliability on the part of this particular employee, or is there perhaps a logical explanation behind the negative information on the report? Either way, a credit report will either help you weed out an undesirable employee, or to not discount a very qualified employee who simply might have had financial difficulties at some point in his or her life.

Credit Reporting Services Baltimore

Learn about our research and verification services today. We offer employment verifications, education verificationsworkers’ compensation recordsdriving recordscriminal records search and other informative background checks. View our complete list of screening services on our website.

AIR Pre-Hire in Reisterstown, MD, conducts accurate and verified universal background screening, so you will have thorough background checks on your employees. Here at AIR Pre-Hire we don’t simply check the basic information, we dig deep to identify inconsistencies and make sure your potential employees (as well as existing employees) are acceptable for hire. This is the human element of our custom pre-screening service. You can count on us for timely, verified pre-screening and employee re-screening.

Learn more by visiting our website www.air-prehire.com or calling us at 1-800-469-4473.Check us out on FacebookTwitterGoogle+, and Pinterest as well.

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