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Company Background Check and Credit Check

Regular Contributor

Company Background Check and Credit Check

Can someone please share your experience? I have been offered a position and they said they would conduct a background check including pulling a report. Do you know whether it is a hard or soft pull? and also if it shows up at all and whether I will be notified? Thanks in advance

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Current Score: 738 BOA Experian (5/29/2012)

GOAL: 800s
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Regular Contributor

Re: Company Background Check and Credit Check

Now I cannot be sure of this, but I think it would be like an insurance inq if it is a hard pull.  Notation will be made as to the kind of pull that it is and insurance inq are not factored into your fico.  I would have to go back and look at a recent insurance inq, but I think it was listed as a soft pull.

 

However...  I did recently apply for a new apartment and that was a hard pull, of which I was not happy about.


Starting Score: 600ish in 2007
Highest Score to date: EQ 716 May 2012(lender pull)
Current Score: EQ 685 6-21-12 ; Walmart TU Fico 744 6-05-12
Goal Score: 801
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Frequent Contributor

Re: Company Background Check and Credit Check


Tg123 wrote:

Can someone please share your experience? I have been offered a position and they said they would conduct a background check including pulling a report. Do you know whether it is a hard or soft pull? and also if it shows up at all and whether I will be notified? Thanks in advance


I have my license renewed yearly which includes a credit Check. It is a soft pull. Some employers allow you to fix or make arrangements if they see something they don't like, others will just deny you the job. Most employers have a threshold for bad debt, debt that is in collections, default, or foreclosure. They will not hold large amounts of debt that is still in good standing against you.

Starting Score: 617 EQ 10-17-11
Current Score: EQ 767 TU 769 EX 749 (all FICO but who really knows?)
Goal Score: 800


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Frequent Contributor

Re: Company Background Check and Credit Check

I had a background check done for new employment last year. I do not see any HPs. I have the EX report which lists soft pulls and it doesn't have anythign either. I do not know about EQ/TU SPs.

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