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It can be difficult to decide which type of background checks are appropriate for your organization. Almost everyone will want to do a criminal background check. What else do you need? In this post we explore a popular supplement, credit reports.

Credit reports are a potentially rich source of information. There are different types available, depending upon whether it is being used for tenant screening (which has some similarity to a loan), or employment screening. The version for employers includes:

• Identifying information about the subject, such as past addresses, aliases, additional social security numbers, and previous employers.
• Details on how they manage their debt — this is the “credit” part. This section shows their credit limits on various accounts and whether they are delinquent or have a history of late payments.
• Public records such as liens, judgments, or bankruptcies that are relevant to a person’s credit.
• A record of who else has requested a credit report on this person for purposes of extending credit. (This section is probably more relevant for tenant screening, as a large number of inquiries may indicate the subject’s desire to take out loans.)

Additional features may be available depending on the credit report provider. Note that […]