Credit Checks: The Good, The Bad and The Just Don’t Go There

Business leaders are able to answer important questions about an applicants’ ability to handle money responsibly by running a pre-employment credit check, but it is important to keep in mind that debt itself isn’t a problem; not repaying can be. While a credit check for positions that involve handling money can help keep employees, investors, shareholders, and customers safe from prospective thieves, embezzlers, and fraudsters, they can also indicate a candidate’s potential vulnerabilities. It is important to be mindful of best practices when it comes to federal and state law, such as the Fair Credit Reporting Act (FCRA).


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Posted Under: Credit Checks

Post By Ken Shafton (2,372 Posts)