Employment

Did you know that federal law allows potential and current employers to view a modified version of your credit report? This employment credit report includes much of the same information about your credit accounts appearing on your credit report, but it omits any account numbers, your year of birth or information about your spouse for your financial protection.

Latest Articles

Inquiry for Employment Will Not Affect Credit Score

I have been applying for work at employment agencies. They want my permission...

Do Businesses Require My Permission to Run My Credit?

It is possible for businesses to view credit reports, in particular circumstances, without your...

Do Employers Look at Credit Reports?

Employers may obtain a modified copy of your credit report for employment purposes, but...

Does Income Affect Credit Scores

Income is not part of a credit report and is not considered by credit...

Can unemployment affect a credit score?

Credit reports do not show unemployment filings or unemployment claims. They only show credit...

Video: Why Would a New Employer Check My Credit?

If you’re just beginning your job search, you may be surprised to learn that,...

Updating Income on a Credit Report

I’d like to complete my income information on my credit report. How can...

Unemployment Claims Do Not Affect Your Credit Report

My colleagues and I had a debate over these questions: Will filing an...

Credit Scores Not Impacted by Employer or Income

It appears all three credit reporting agencies had listed my employer incorrectly. What...

Freezing Your Credit File

Can a prospective employer get a credit score on me if I have...

Increasing Employee Credit Knowledge

Dear Readers, According to research by the Personal Finance Employee Education Foundation (PFEEF), as many...

Why Employers Check Credit

Many employers in the defense, chemical, pharmaceutical and financial services industry check employees’ credit reports because of the sensitive positions they hold. Other industries or employers may use your credit report as a general indicator of your financial honesty and personal integrity.

Employment History on Your Credit Report

The employer listing on a credit report is not an employment history. Actually, your lenders provide the employers shown on your credit report when they first report the information from your credit application. The employer listing is only updated when you apply for new credit, so this list doesn’t affect your credit score or play a role in the lending process.