Benefits: In some cases, you may want to investigate a potential employee's credit history. If the position you are trying to fill involves handling cash or otherwise managing your business's assets, a credit check is essential. Inability to manage personal credit and finances doesn't mean that an individual will have similar difficulties in a business setting. However, it is objective evidence of how the prospective employee has managed his or her assets.
Every prospective employee whose credit history is to be explored should be informed that such an examination is to take place. The attached file contains language regarding disclosures that employers are legally required to make if there is to be an inquiry into a potential employee's credit records. This language should be incorporated into the materials presented to prospective employees if credit history is a factor that you will consider in making your hiring decision.
File Description: The file is in rich text format (RTF) that is suitable for use with most word processing programs used in the Windows environment.
Download: Disclosure statement