Employer credit check - any advice please? Thank you

londonfraggle

Hi, I've posted this before but in the wrong place I think! I would be extremely grateful if anyone on here could give me some advice please?

I've just been asked by my employer (actually by the company who does our payroll) to fill in an ID check form - which states that by signing it I give permission for them to check/verify with a credit reference agency.

Does anyone on here know if that means they will check my credit history too?

Am quite happy for them to do an ID check on me - but I don't really want them gazing into my credit history as it's a bit shot to pieces (I am on a DMP - which is nearly fnished - but my credit history is a little ugly) so I'd prefer my boss didn't know (I am managing it all fine now and am in a pretty senior position and am worried it might raise questions - and simply cause us all embarrassment).

Do any of you know if this "check" will simply be to verify my identity or will they have a bit of a deeper look?? It says it is to do with "the money laundering act 2007".

Any advice would be great!

Thank you.
Fraggle x

kit77

Do you work in the financial industry?

It is common for them to do this. Have they asked you on a form to declare any previous credit issues in the last 6 years? If so please be honest if it is your HR department asking this I can not see any reason why this information will be passed onto your boss.

I'm not sure if this is a new job or a job you have been in a while?

londonfraggle

Hi - I have been there over 6 years, and no we are not in the financial services sector. It seem strange. It is myself and 3 others (we are all directors of the company). It does clearly state it is an ID check rather than a credit check - but I worry that means they will look at the credit history too? Any ideas?

This is the wording on the form:
"I authorise XXX to approach a credit reference agency with my details below in order to verify my identity electronically to satisfy the Money Laundering Regulations 2007. I understand that in the event that XXX is unable to verify my identity electronically I may be requested to provide documentary evidence as an alternative."

It does seem as it if it is really just an ID check - but I was hoping someone might have experience with this - thank you again.
Fraggle x

DVardysShadow

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