Credit reports are ordered for specific job titles that are fiduciary or executive in nature. Employers who are hiring applicants in these positions want to ensure that the person who they hire can be trusted to work with highly confidential information, which includes company financial statistics and data.
When a pre-employment credit report is run on an applicant, their FICO score will not be included, since a background check is different from a credit report that’s being checked for issuing actual credit. Requesting a credit report for a pre-employment screening is sensitive in nature and is usually only accepted for specific positions.
Positions for which a credit report can be requested include:
Credit reports are ordered and conducted separately from background checks and must abide by state laws. Depending on the state restrictions, availability and use of credit reports vary. When conducting a credit report, DISA will do the following:
DISA ensures the accuracy of all the information collected with the reports by following a thorough process to verify the validity of the companies who are requesting the credit reports.
For more information on conducting credit reports contact 1-800-752-6432