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Credit Checks: What You Should Know

By Michael Klazema | 04/27/2020

From an employer’s perspective, it sometimes makes sense to look at a job applicant’s credit history. The argument is that credit history reflects financial responsibility, which can be useful for making hiring decisions that involve financial functions or duties. While credit history checks are not as standard as criminal history checks in the employee screening process, employers do use them semi-regularly for jobs in finance. From banks to brokerages, many businesses want to know how their candidates handle personal funds before giving them responsibility for other people’s money. What employers might not know is that the rules around running credit history checks for employment are exceptionally complex. In this white paper, we will explore some of these regulations as well as the arguments regarding whether employers should use credit checks at all.


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Michael Klazema

About Michael Klazema The author

Michael Klazema is the lead author and editor for Dallas-based backgroundchecks.com with a focus on human resource and employment screening developments

Michael's recent publications

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