Tag: credit reports

A comprehensive background check is compiled of parts that when separate only give an incomplete snapshot of the individual in question. Only by capturing each separate image and bringing them together to make a complete picture will hiring managers be able to make hiring decisions with confidence. Some of these snapshots are references from landlords […]

The Fair Credit Reporting Act regulates the use of credit reports as a protection for consumers. Permissible uses of the credit report include: Applications. This can be for opening new lines of credit, purchasing insurance, or finding a new place to live (rental applications). Employment purposes. Employers can request a credit report on prospective or […]

  As the credit reporting industry grew, so did the need to regulate its reach. Until the passing of the Fair Credit Reporting Act, there were no protections for the individuals whose personal information was being compiled in the form of “investigative consumer reports” and provided to private businesses to make hiring (for employers) and […]

Now that nearly 75% of employers have reported that they run background screenings on new hires, getting the right information on job applicants is critical. When an employer fails to conduct a background check on a new employee, he or she hires a relative stranger and gives that person access to company information, assets, and […]

Empty properties do not generate revenue, thus when the time comes to find new tenants for a rental property, property owners and managers are understandably anxious to speed through the application process so they can get new people paying rent right away. In their haste, they might be tempted to cut a few corners. If […]

After about a year and a half, the case EEOC v. Kaplan Higher Learning Education Corporation (Case No. 1:10-CV-2882), has finally been decided. The United States District Court for the Northern District of Ohio dismissed claims that using credit reports as part of a hiring procedure created adverse impact on applicants, particularly African Americans. To […]