Here are some questions people often ask us.
The costs of hiring the wrong applicant have become enormous! Negligent hiring lawsuits are up 800% nationwide. Employee theft has been rising dramatically in recent years. The hidden costs of lost time and revenue in the hiring/training/turnover cycle continue to increase.
Let Western Reporting do the background screening so you don’t have to. Let us help you:
The liability of accepting a bad resident is huge! Eviction and legal fees can cost thousands of dollars, while property damage can be staggering. Your investment needs to be protected. Let Western Reporting help increase your profitability with the best resident screening product in the industry.
Find out if your applicants are financially responsible. Evaluate their credit report, trade line information, and public records including bankruptcies, tax liens, judgments, child support… and more.
Credit scoring is a system creditors use to help determine whether to give you credit.
Information about you and your credit experiences, such as your bill-paying history, the number and type of accounts you have, late payments, collection actions, outstanding debt, and the age of your accounts, is collected from your credit application and your credit report. Using a statistical program, creditors compare this information to the credit performance of consumers with similar profiles. A credit scoring system awards points for each factor that helps predict who is most likely to repay a debt. A total number of points — a credit score — helps predict how credit worthy you are, that is, how likely it is that you will repay a loan and make the payments when due.
Because your credit report is an important part of many credit scoring systems, it is very important to make sure it’s accurate.
Consumers are entitled to 1 free report each year from each of the 3 credit bureaus; Equifax, Trans Union and Experian. To get a free copy of your report go to www.annualcreditreport.com. Although the credit report is free, you will have to pay for your credit (FICO) score.
The Fair Credit Reporting Act (FCRA) is a federal law that regulates how consumer reporting agencies can use your information. It restricts who has access to your sensitive credit information and states how that information can be used.
Yes. You must have the written consent of the applicant to obtain a copy of their credit file. It is illegal to obtain someone’s credit history without their consent. Failure to obtain written consent could lead to legal proceedings against you by the applicant or the credit repository.
There are only a few reasons why there is no credit file on an Individual.
No credit file is a red flag in most instances and your screening process should include further due diligence. Visit www.criminalfraud.com for tips.
We are committed to providing you the best information in the least amount of time at a fair and affordable price. Whether you are a nationwide employer or a single unit landlord. We guarantee great customer service!