A credit check is one of the most revealing indicators of an individual’s or business’s financial health and money management habits.
Credit checks and screenings delve into a subject’s financial behaviour over 24 months, utilising data from major credit bureaus like Transunion, Experian, and XDS to reveal underlying financial habits.
As part of the background screening process, credit checks involve examining an individual’s credit history, including their credit score, payment history, outstanding debts, and any instances of financial delinquency or bankruptcy. (Please note: Credit verification checks should only be conducted with the candidate’s consent.)
Assess a candidate’s financial responsibility
Credit checks empower an employee to make an informed decision about filling positions that require individuals with a sound financial track record.
Hire with financial stability in mind
Hiring applicants with a stable credit history helps reduce the risk of financial distress impacting job performance.
Mitigate risk to your business
Conduct credit checks to assess if a candidate’s financial history poses any risks to their job performance or decision-making.
DOTS360’S CREDIT CHECKS & SCREENING SOLUTIONS
Whether you need to check one candidate’s work history or hundreds, Dots360 helps you scale your screening process and reduce administrative burden.
1
Transunion Credit
Provides you with insights into an individual’s financial habits.
SLA: Real-time
2
Experian
Credit Check
Provides you with insights into an individual’s financial habits.
SLA: Real-time
3
XDS
Credit Check
Provides you with insights into an individual’s financial habits.
SLA: Real-time
4
Combined Consumer
Credit Check
References information from three credit bureaus to give you a more comprehensive picture of an applicant’s financial history and creditworthiness.