Credit check at new job help??

melj16

i have to have my salary paid into an account with my bank

melj16

my bank (my employer)

stclair

The_Boss wrote: »

What would James Jones know about the company's policy in employing someone based on your credit report?

Erm they use credit reference agencies to do them!

The_Boss

stclair wrote: »

Erm they use credit reference agencies to do them!

How does that explain how he'd know what the respective company's policy is? Also what if the company used Equifax anyway?

Experian_company_representative

Employee credit checks are usually limited to publicly available data such as court judgments and insolvencies.

Credit account data is only available to lenders that share this data with each other through the CRAs. However, if the employer is a lender & data sharer then it can, with your permission, check your full credit history. Banks can therefore do this.

Mastercard is not a lender/data sharer so I suspect any employee credit check it carried out would be limited to public records. Hope that helps.

James

arbroath_lass

The_Boss wrote: »

How does that explain how he'd know what the respective company's policy is? Also what if the company used Equifax anyway?

Stclair (not the OP) asked what information Experian provide to employers, that is all.

Given there is an Experian representative that seems a reasonable question.

I haven't seen representatives from the other agencies on here (they may be but I haven't seen them) - I'm sure they'd have been asked too if they are around.

Hazzinho

I think you'll be fine, they'll be looking for insolvencies, ccj's and large defaults.