Employment vetting

Posted by Barry Stamp in Credit Reports on 21 November 2019 - Barry is Managing Director at checkmyfile

The haunting memory of the 2008 financial crisis may be over a decade old, but its lessons haven’t been forgotten. Spawning the highest unemployment rates of the century so far, the collapsing economy forced employers to undertake extra measures to protect themselves against a repeat.

The good news is that UK unemployment is now down to 4% (according to Office for National Statistics), less than half the peak unemployment in 2011, which towered at 8.1%. The reactive measures adopted during the crisis seem to have proved their value and remain as necessary today as they did ten years ago.

Among these changes were strengthening employment checks, meaning the assessment of potential job candidates is now more rigorous than ever before.

What is checked when you apply for a job?

Shortlisted candidates should expect their publicly available information to be checked, including any available social media profiles. Their CVs will be critically appraised against job specifications.

They may expect to be set ‘assignments’ prior to interview to test their attitudes and reactions to moral dilemmas.

At interview, they may also expect to be set tests to ensure written and numeracy skills and PC skills, and sometimes psychometric testing too.

Nowadays the interview process may well include a telephone interview to see how the candidate ‘comes across’ through that medium.

Can your Credit Report be checked when you apply for a job?

Assuming a candidate passes all of these tests, it’s then increasingly likely that any job offer will be subject to a satisfactory credit check. In some jobs, such as in financial services, getting a clear credit check for employees is the law.

The credit check that employers undertake relates only to public information, and not the full Credit Report that is used by lenders. Publicly available Credit Report information includes any Electoral Roll listings and Court Records, such as County Court Judgments and Insolvencies. Actual payment history of credit cards, mobile phone accounts and suchlike are not permitted to be used for employment checking.

To make sure that your public information is in order and won’t make you fall at the very last hurdle, you can check your Multi Agency Credit Report with checkmyfile. It’s free for 30 days, then just £14.99 per month. You can cancel whenever you like, quickly and easily online, by email or by freephone.

Our Multi Agency Credit Report includes your public data from all four Credit Reference Agencies, which is exactly the information accessed by employers. Making sure that it is correct in every detail is a wise precaution for job seekers. At the same time, you’ll also see what lenders see and get an idea of how you’ll be judged if you apply for credit.

Updated on 21/11/2019 by Sam Griffin

Santa’s Credit Report: The Untold Tragedy

Santa Claus is known world-wide as the merry gift giver, delivering joy wherever he goes. But have you ever stopped to wonder how the man behind the great, white beard manages his money? Just who is the real Santa?

Published on 9 Dec 2019 by Sam Griffin

Full Article

Address links: why and how

There’s a lot of talk around Credit Reports and whether the addresses contained within them can have an influence on your Credit Score. Perhaps having too many previous addresses is a bad thing or maybe attempting to have old ones removed is a good idea? Don’t fret because we’ll outline exactly what to expect when it comes to addresses.

Published on 4 Dec 2019 by Neil Greenhill

Full Article

Does paying off a judgment help a credit rating

One of the most frequent questions we receive is whether paying off a County Court Judgment (CCJ), or a Decree – its Scottish equivalent – improves a Credit Score. To help answer this, we’ve put together a summary of what CCJs are and what they mean for you.

Published on 21 Nov 2019 by Barry Stamp

Full Article

Which Credit Reference Agency is Best?

Whenever you make an application for credit, you’ll naturally want to do everything you can to improve your chances of being accepted. So, given the vital role that Credit Reference Agencies play in the process, should you try and get the decision based on any particular one? To help answer that question, we take a wider look at how everything works.

Published on 17 Oct 2019 by Sam Griffin

Full Article

How often should you check your Credit Report

Your Credit Report is a key component in lots of important life events. What it says about you could make or break a credit application and so it’s vital that you know for yourself what’s being reported.

Published on 2 Jul 2019 by Richard Catlin

Full Article

The Advantages of a Multi-Agency Credit Report

These days your Credit Report can be checked for any number of reasons throughout the year, including background checks during job applications, landlord checks and even from insurance or utility providers when you shop around for quotes.

Published on 17 May 2019 by Paul Anderson Riley

Full Article

What Lenders Want To See On Your Credit Report

Your Credit Report holds a huge amount of information about you and your past relationship with credit. It’s collated from a wide variety of sources, is always changing and plays a major part in any lending decision - but you shouldn’t be afraid of what it shows.

Published on 2 May 2019 by Sam Griffin

Full Article

What Credit Searches Mean

One of the most commonly misunderstood aspects of Credit Reports are the credit Search Footprints left on your report whenever someone accesses your file.

Published on 25 Apr 2019 by Kirstie Day

Full Article

How to dispute an account error on your report

Whether you’ve been turned down for credit in the past and have checked your Credit Report to make sure there’s nothing there harming your chances, you’re checking ahead of making an application, or you’re just looking to make sure everything is as it should be, there’s never a good time to find a mistake with the information on your report.

Published on 17 Apr 2019 by Kelly Luff

Full Article

Your Rights When Cancelling a New Credit Agreement

For most people applying for credit the main concern is whether or not they will be actually get accepted. But occasionally a change in circumstances (or even just a little time to reflect on your purchase) means that a bigger concern might be whether you can change your mind and withdraw from a credit agreement (be it a credit card, personal loan or other credit facility) after it’s been granted, potentially preventing you from taking on additional financial responsibility that you no longer want or need.

Published on 18 Mar 2019 by Tom Magor

Full Article


We are rated number 1 for customer service on