RELIABLE BACKGROUND SCREENING INDUSTRY NEWS AND ARTICLES
Industry news, helpful tips, and valuable insight from the Reliable Background Screening Team.
Act Before Eviction Judgments Disappear From Credit Reports
As I wrote last month, big changes are coming to credit reports as of July 1st. For the multi-family and property management industry, the most significant impact is on resident screening and tenant screening. Why? Because eviction judgments will disappear from all credit reports as of July 1, 2017. The three credit bureaus, Equifax, Experian and TransUnion, as part of a lawsuit settlement with various state Attorney Generals, agreed to the creation of the National Consumer Assistance Plan (NCAP). For companies that use credit reports, the biggest change will be in the decreased reporting of public records, specifically tax liens and civil [...]
Big Changes Coming to Credit Reports
Big changes are coming to credit reports as of July 1st. The three credit bureaus, TransUnion, Equifax, and Experian agreed to the creation of the National Consumer Assistance Plan (NCAP), as part of a settlement with New York Attorney General, Eric T. Schneiderman. The most significant change for users of credit reports will be in the decreased reporting of public records, specifically tax liens and civil judgments. Bankruptcies, however, should experience no reduction in their being reported on credit reports. The reason for most civil judgments and tax liens disappearing from credit reports is the NCAP requirements that (1) sufficient PII (personally [...]
Los Angeles “Ban the Box” Law Can Impact Employers in Other Cities and States
The Los Angeles Fair Chance Initiative for Hiring Ordinance (another “Ban the Box” law) will begin to be enforced as of July 1, 2017. This law can potentially also impact employers outside of Los Angeles, whether it’s an employer in another city in California, or an employer in any of the fifty states. This can happen where an employee works from home, telecommutes, or otherwise works on average at least two hours during an “average week” within the City of Los Angeles, even if the employer is in another state. This Los Angeles law prohibits employers from including on any employment application [...]
Background Checks Can Cost You Nothing at All
If you have been reading my blogs for any length of time, by now you probably realize how important it is to conduct thorough background checks when hiring employees, working with volunteers, accepting members into a club, or when entering into a long-term business relationship. But what about the cost? Is there an ROI? I am here to tell you that the cost of conducting a quality background check is low compared to the value it provides, and in some cases, may not cost you anything at all! Bold statement, I know… let me explain. We all know the chance we take [...]
