Adverse Financial History Check
Reveals details of the candidate’s negative credit history that may provide insight into a candidate’s sense of financial integrity and financial responsibility. This check is country specific.
Check the candidate credit score, debt, and bankruptcy records to understand his/her financial history and make informed decision on whether or not you should hire the candidate.
Key features
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Actionable Insights
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Professional Reports
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- Adverse financial information, for example, missed payments
- Bankruptcy and individual voluntary arrangements
- Court Judgements on financial matters
Simplicity
Configurability
Candidate Experience
No long contracts
Automation
Fast Turnaround Times
Steps involved in the Adverse Financial History check process:
Set up your account and select Adverse Financial History check
The adverse financial history check can be ordered individually or as part of a check package.
Enter the candidate details
Or bulk upload multiple candidate details for background checking at scale.
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Candidate receives email and gives consent
The candidate can quickly respond from any device.
Candidate will be prompted to provide necessary information
Through an elegant and easy to use digital experience.
System analysis and matches information provided and returns results
The adverse financial history check result is delivered as part of the verified candidate profile.
FAQ's
An adverse credit check is an important pre-employment screening check that can be used to assess potential risks or concerns. It will cover any serious adverse credit history the applicant has no matter how minor.
A credit check is a detailed report on a person's or a company's finances. The report spans from the last several years and covers all types of borrowing, loans, mortgages, credit cards and so on.
Employers will also see any past financial history on credit checks. This includes the number of open loans you currently have, the outstanding balance for those loans, any bankruptcies or collections. They’ll even see your finances on social media with the rise of background checks.
Adverse Credit will affect your Credit Rating and your ability to take out finance. This information will remain on your Credit Report for six years from the date of account closure, after which it will be automatically removed.