What is an Adverse Credit Check?

An adverse credit check is a method of pre-employment screening used by recruiters to check a worker’s fiscal background. It is meant to reveal any sort of adverse credit history that a candidate may have. An Adverse credit check will expose any county court judgments, insolvencies, administration orders, as well as bankruptcies

What does it show?

The following type of information is revealed on an adverse credit screening check:

  • Credit information listed at the candidate’s previous and current addresses
  • CCJs (County Court Judgments)
  • IVAs (Individual Voluntary Agreements)
  • Bankruptcies
  • Insolvency and administration orders

A credit report is a summary of how the candidate that you are screening has handled credit accounts, including the types of accounts and the payment history, as well as certain other information that is reported to credit divisions by their lenders and creditors. Adverse credit check is what shows up on your credit report. It will show any major adverse credit history that the candidate may have.

  • They confirm the financial conditions of the applicant
  • They help reduce the chances of bribery and curb corruption
  • Beneficial to the company in determining if the candidate is suitable for a role that involves handling cash or other valuables
  • They help in reducing fraud and dishonesty
  • Insolvency and administration orders

Who is it for?

Adverse credit checks are suitable or beneficial for the following types of applicants:

  • Landlords in the form of a Tenant Background Check
  • Banks for approving credit cards, loans, etc.
  • Employers as part of the recruitment process

Adverse Credit Check

Please enter details of the individual to be screened along with your payment details.