Credit Check Miramar FL

Source: REPLACEMENT CONTRACTOR Magazine

By D.K.

You're in the thick of hiring a sales or marketing manager. Should you run a credit check?

By running a credit check, you're requesting a credit report from one of three major credit bureaus. That report will tell you how many credit cards your applicant has, how much money he or she owes, and whether or not the person has declared bankruptcy in the last 10 years.

Typically, companies run credit checks “on the theory that someone who can't manage his or her own finances probably isn't qualified to manage the company's either,” says Lisa Guerin, attorney and co-author of The Essential Guide to Federal Employment Laws.

So, should you run a check on someone who won't be handling money? “It's critical for our company to know who we are hiring,” says John Aurgemma, co-president of Rhode Island Home Improvement in Warwick, R.I. “We thoroughly investigate any applicant.” Aurgemma says that investigation includes a credit check on those seeking upper management jobs. But for administrative staff, sales, marketing, and installation jobs, credit checks are no longer done. The company used to weigh credit checks as heavily as criminal background checks but found that it bypassed good potential employees that way.

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