Employers can ask prospective employees for their credit history to determine their eligibility for a job. This process is known as a pre-employment credit check. It generates a soft inquiry on a prospective employee’s credit report, similar to the soft inquiry that appears when checking your credit score. It is different from a hard inquiry associated with a new loan or credit application. The employer’s credit check will not adversely affect an employee’s credit score. Employment Credit Checks An employee’s background check must include credit check services for employers as a standard…
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