BACKGROUND CHECK NEWS AND ARTICLES
Reliable Background Screening has a long and successful history performing background checks in a multitude of industries, nationwide. Reliable is widely considered as the experts in the intricacies of the Fair Credit Reporting Act (FCRA) and other background screening regulations. President and CEO, Rudy Troisi, has been a speaker, nationally, at numerous professional organizations on the topic of employee and other background checks. As part of our stated goal to educate our clients about what background information they should have, and what the best methods are to acquire it, please refer to the two areas below, which contain valuable information pertaining to background checks.
Please click below to go to the areas of interest:
Companies Should Customize Their Background Checks
Even companies within the same industry have different business needs. One company may require certain educational credentials and/or professional licenses, while another may not. One may have felonies and certain misdemeanors as disqualifiers, while another may consider only certain felony convictions as cause for adverse action, i.e., not selecting the applicant for the particular business purpose ̶ such as employee, resident or tenant, client, member, volunteer, franchisee, etc. [...]
Prepare for Franchisee Screening Prior to Finalizing FDD
The Franchise Disclosure Document (FDD) is a federal requirement that franchisors must prepare in order to sell franchises. It is a document that requires disclosure to potential franchisees in every state, registration in some states, and filing in some other states. Many hours of time and legal fees are invested in its development. One of the items that is determined during the FDD process is the franchise fee. [...]
Gig Economy Needs Background Checks
The “gig economy,” also known as the on-demand economy, typically hires contractors as consumer or business demand necessitates them. The name derives from people working a “gig” or assignment versus regular full-time employment. Gig workers include individuals working in the sharing economy (ride, housing sharing, etc.) to displaced or retired executives who become highly paid consultants. Even though workers in the gig economy are contractors and not traditional [...]
Credit Reports Changed Two Years Ago – Do You Know How?
All credit reports provided by the three credit bureaus underwent dramatic change two years ago (July 1, 2017). I first wrote about this in May 2017, Big Changes Coming to Credit Reports, and also in June 2017, Act Before Eviction Judgments Disappear From Credit Reports. This occurred due to a lawsuit settlement that the three credit bureaus (TransUnion, Experian and Equifax) agreed to accept. The enduring impact of [...]
Background Check Reports are Not Interchangeable
The Fair Credit Reporting Act (FCRA) is the federal law that regulates consumer reports, i.e., background check reports. The FCRA has another purpose – the consumer lending protection law – but this article focuses on its regulations and their impact on background screening reports. The FCRA requires that consumer reports be obtained with proper consumer consent and for a permissible business purpose. Permissible business purposes include the following [...]
Equifax Revolutionizes What is a Soft Pull Credit Report
In an interesting move that leads the credit bureau industry, Equifax has made “soft pull” credit reports available for tenant screening purposes. Of the three main credit bureaus, Equifax is the only credit bureau that provides the option of a soft pull tenant screening inquiry to the end-user, i.e., to the landlord, apartment or property management company. Unlike the other two credit bureaus, that only make available soft [...]
