Jobs and Credit Reports

From the Consumer Mail Bag: I have applied to several temporary job placement services and they all asked permission to do a credit check. Is this legal? Does it effect my credit rating?

Answer: It’s legal as long as you’ve given written permission. "The disclosure authorization form that you sign may also let them hire a third party to investigate your work history and criminal record," says Russell Moen human resource manager of a temporary staffing firm. The agency must not do either kind of check unless it’s requested by a potential employer, but many want permission in advance. Employer’s requests for your reports shouldn’t affect your credit rating, says Janet Lamar of Experian, a credit bureau. You can get a list of employers who have asked for your credit report, but potential lenders don’t receive that information.

Resource: Kiplingers, "Managing Money," Oct. 1998

                 

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