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Employer checking credit report

Discussion in 'Hiring, Applications, Background Checks' started by magareb, Dec 23, 2013.

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  1. magareb

    magareb Law Topic Starter New Member

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    Good Afternoon

    I have been working with my company for 10+ years. I have a credit monitoring service and I was notified that they looked into my credit report (as new employment). Why would they do this?
     
  2. army judge

    army judge Super Moderator

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    Hmm, how would any of us know why someone, anyone, investigated your credit report?

    Here's a novel idea, why don't YOU ask THEM?
     
    Last edited: Dec 23, 2013
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  3. cbg

    cbg Super Moderator

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    My then-employer once had to do that because a major funding grant required it. It wasn't anything personal - we just stood to lose a whole lot of research money if we didn't. As to why the funding source wanted it, I don't believe I ever asked.
     
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  4. Betty3

    Betty3 Super Moderator

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    There are various reasons why this might be done. We don't know why - you would have to ask them.
     
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