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Credit check - new job


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How can you operate in marketing without customer data?
Amount of debt will not be a problem as long as you're paying on time, not going over limits etc. The theory is they are looking for people who are in financial distress who could be more tempted to act inappropriately with the right/wrong incentivisation.1 -
DullGreyGuy said:How can you operate in marketing without customer data?1
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It's problems on the credit history they will be concerned about not that you have debts. Most people have debts. So no CCJs is good, paying things on time is good. If there were a lot of of yellow or red flashes on your history (missed payments, arrears and accounts that aren't being paid at all) then there would be something to worry about.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe and Old Style Money Saving boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
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A full credit check will show all your debts to the person checking, as you have secured the job, just take in evidence of the savings and your house move in case it's questioned. It's no different really from say PCP on a car - people have debt, the issue is whether you can manage it - no missed or late payments etc is good as it shows you can manage.
In an old job we dealt with the MOJ (indirectly but had access to equipment with data on it albeit nothing to do with prisoners) and had to have SC checks done, for that, it was more about ensuring you weren't susceptible to bribery e.g. a Russian asset offering to pay off your debts in return for access to data on their internal network setup which could benefit a hackerSam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Thank you, that's really helpful and yes sorry I meant to say that I won't have any access to personal data. It's actually more a marketing planning/management type role. I have never missed a payment or had arrears, it's literally the volume of debt I was concerned about. We're actually planning to be debt free by this time next year but I was panicking and thinking I should pay off our % credit cards earlier than planned from our savings but I'd rather not as we're earning good interest on savings and we'd lose some interest by having to end fixed rate deals early. We also have a small mortgage compared to our salaries (x 2 our joint income and we've added value by completing the works), and we have no dependents, so we're in a strong financial position but I've never worked in financial services before so I was a little worried when I spotted the credit check, in case they would be put off with the volume of unsecured debt. Thank you everyone, I'm feeling much more confident now.0
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Including mortgage our debt is over £0.5m and never had problems with the credit checks for working in financial services over the years.400ixl said:DullGreyGuy said:How can you operate in marketing without customer data?
How do you deal with an affiliate marketing advertiser claiming customer X was referred to and bought from your site but they've not received their commission if you only have aggregate data?
How do you slice and dice your customers into different cohorts to test different advertising strategies if someone else has aggregated them by a different metric?
Even the smallest marketing team I've worked with have had analysts able to query non-aggregate data to be able to do bespoke analysis, a mailshot and then track response rates.1 -
Don't see it being an issue. The CRA's can only guess the credit ratio as they don't have access to the savings side and only know your income if you tell them.1
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DullGreyGuy said:Including mortgage our debt is over £0.5m and never had problems with the credit checks for working in financial services over the years.400ixl said:DullGreyGuy said:How can you operate in marketing without customer data?
How do you deal with an affiliate marketing advertiser claiming customer X was referred to and bought from your site but they've not received their commission if you only have aggregate data?
How do you slice and dice your customers into different cohorts to test different advertising strategies if someone else has aggregated them by a different metric?
Even the smallest marketing team I've worked with have had analysts able to query non-aggregate data to be able to do bespoke analysis, a mailshot and then track response rates.0 -
400ixl said:Don't see it being an issue. The CRA's can only guess the credit ratio as they don't have access to the savings side and only know your income if you tell them.
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Have had these down in the past.
Usually it’s an external company on behalf of your company, they’ll get a result basically we couldn’t access details it was just sort of a simple yes/no as to the restrictions they’ve put in place.
They are looking for bankruptcy or huge debts to be honest and could make you a risk being around information.We had staff with defaults and such who passed no problem. You’ll be fine.
If in doubt contact the company asking or explaining0
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