Employee Credit Checks enable employers to assess a candidate's financial background. Credit Checks highlight whether a candidate's Credit Report contains any adverse financial data such as Bankruptcies, County Court Judgements (CCJ's), Voluntary Arrangements and Administration Orders. Knowing whether potential employees have current and/or previous financial difficulties can help employers to mitigate the risks posed by individuals under financial stress. Employers should always talk to candidates where checks return information to learn more about the circumstances that led to the judgement / bankruptcy, in order to accurately assess the level of risk posed.

Employee Credit Checks — Key Information

Know Your Candidate offers 3 types of Employee Credit Check, Standard, Enhanced and a Bulk option.

	Standard Employee Credit Check	Enhanced Employee Credit Check	Bulk Standard Employee Credit Check
When should I use this check?	All employees / all roles	The Enhanced Employee Credit Check is particularly relevant to individuals working within the financial services industry and other companies / industries where the individual may have un-restricted or un-supervised access to sensitive company data / customer data / company assets	All employees periodically Bulk recruitment campaigns Retrospective projects to bring existing employees vetting checks into line with those for new entrants
Coverage	UK	UK	UK
Data source	Credit Reference Agencies	Credit Reference Agencies	Credit Reference Agencies
Price	£10.00	£15.00	£7.50 (minimum 50 records)
Typical completion time	1 day	1 day	3-5 working days
Information returned	Publicly available financial information: County Court Judgements (Scottish Decrees) — Amount, Court date, Reference number, whether satisfied or not Bankruptcy Orders Voluntary Arrangements Administration Orders Notice of Correction entered by the candidate Electoral Roll registration history	All of the information included within the Standard Employee Credit Check plus summary credit account information: The number of open / closed credit accounts in the individual's name The number and types of lenders Details of credit applications and quotations made in the last 12 months	Publicly available financial information: County Court Judgements (Scottish Decrees) — Amount, Court date, Reference number, whether satisfied or not Bankruptcy Orders Voluntary Arrangements Administration Orders Notice of Correction entered by the candidate Electoral Roll registration history
Information required to make the check	Full name Date of birth Current address	Full name Date of birth Current address	Full name Date of birth Current address
Sample Report	Download a sample report	Download a sample report	Download a sample report

Employee Credit Checks — Other Useful Information

All categories of Employee Credit Check offered by Know Your Candidate automatically return adverse financial information at addresses linked to the current address provided by the candidate for a period of up to 6 years.

Employee Credit Checks have to leave a footprint on the candidate's Credit Report by law. However, the type of footprint recorded is only one that the candidate / employee can see and therefore searches made for employment purposes do not have any impact on the individual's credit score or their ability to gain credit.

For further information on County Court Judgements and the process behind them please visit the Direct Government website.

For further information about the bankruptcy process you can learn more by visiting the Insolvency Service website

If your candidate / employee claims that the information returned from the Credit Check is incorrect they can contact the Credit Reference Agencies directly
to correct it:

Call Credit: Customer Care, Call Credit Check, PO Box 734, Leeds, LS1 9GX www.callcredit.co.uk
Equifax: Equifax Credit File Advice Centre, PO Box 1140, Bradford, BD1 5US www.equifax.co.uk
Experian: Consumer Help Service, Experian Ltd, PO Box 8000, Nottingham, NG80 7WF www.experian.co.uk