A credit report offers valuable insight into an applicant’s sense of responsibility and financial track record. These considerations weigh strongly when hiring for financial services organizations and retail companies or for positions of financial responsibility. A good credit check is also an important consideration for property owners performing tenant screening.
By accessing information from the major credit bureaus, MacData can help you to identify whether a job candidate and potential tenant has any accounts in collections, open loans, inquiries made by third parties, or similar warning signs. Credit history checks can be prudent supplements to a criminal records search, sex offender registry check and reference check.
In order to order detailed credit reports for employment or tenant purposes, you must complete an application, supply certain documents and submit to an on-site compliance inspection. A bureau approved licensed inspector will be assigned to you and schedule an in person inspection to ensure you are a legitimate business, landlord, or real estate professional.