help with background check

[ladymuck]

We had a chap who came clean, His ex-wife 2 years after his divorced had a £508 default against a bill still in there joint names, He paid it up ASAP and it became "Satisfied" - This was after the chap had been with the bank (RBS) for 3 years already and doing great work and this was a random check.

Outcome - Not allowed to go back to his desk, escorted from the office, pass revoked, box sent for his personal belongings, called me from the pub outside

Program Director escalated with HR, HR said No exceptions he was gone............

I did say different areas have different approaches. A credit check would have shown it up anyway, as part of their random check, so he'd be booted for lying and having a default. Not sure what your example illustrates?

When I was last at RBS I had to be re-checked because I had three consecutive weeks off (furlough + extra).

[tarbera]

so he'd be booted for lying?

I did say different areas have different approaches. A credit check would have shown it up anyway, as part of their random check, so he'd be booted for lying and having a default. Not sure what your example illustrates?

When I was last at RBS I had to be re-checked because I had three consecutive weeks off (furlough + extra).

He was not lying to anyone - the default arrived in 3rd year of his contract, He has the experian notify service - same day he was notified he paid it off (nothing in his contract to notify RBS of defaults) - poor chap at time of divorce had paid it all off (and thought closed), ex-wife just ran up the bill a year later.

I forget my point I was making also

[ladymuck]

He was not lying to anyone - the default arrived in 3rd year of his contract, He has the experian notify service - same day he was notified he paid it off (nothing in his contract to notify RBS of defaults) - poor chap at time of divorce had paid it all off (and thought closed), ex-wife just ran up the bill a year later.

I forget my point I was making also

Oh I thought you said the bank did a random check so he told the truth, a truth that would have come out if a full check had been done (one of your 1 in 10). I didn't realise you meant he did a random check and then told the bank what he found.

I will expand on my initial musings with "if you're not asked, don't tell; if you are asked, tell the truth"

[radish2008]

Did you not read the post?
There will be a credit check.

There will be a credit check. But it will most probably be done by an employment screening company and they can only see public information, so bankruptcy, fraud etc. A default is not public information.

It's unlikely the bank will do a full credit check with histories etc. and if they did it would show on your credit file history. I guess it also depends which are of the bank you work in but I'd think the OP will be ok.

[tarbera]

lol

. A default is not public information.

It's unlikely the bank will do a full credit check with histories etc.

yes Its on your credit File you give authentication to vetting company to see

yes they do

[radish2008]

yes it is

yes they do

No it really isn't. An employment screening agency does not have access to your account history or default information. I worked in a CRA for 5 years

From Experian's website:

What's the process?
When you request a pre employment credit check, our system will quickly scour numerous public and private databases for any adverse financial warning signs. We check County Court Judgements (CCJs), bankruptcies, voluntary arrangements, decrees and administration orders. The Experian Adverse Financial Check also consults the candidate’s electoral roll registration to confirm their current address.

To answer your second point - why would the bank outsource their checks and then do them again ? I was hired in for a bank and underwent an enhanced screening - the agency took 6 weeks and went into massive detail, the bank didn't do anything.

[northernladuk]

There will be a credit check. But it will most probably be done by an employment screening company and they can only see public information, so bankruptcy, fraud etc. A default is not public information.

It's unlikely the bank will do a full credit check with histories etc. and if they did it would show on your credit file history. I guess it also depends which are of the bank you work in but I'd think the OP will be ok.

This appears to be really poor advice to me unless you can come up with some evidence. [EDIT : I See you have in the post above now] What you say is a bank won't go the extra step to look deeper in to someone's credit history when it's easy for them to do so and the penalties are so much let alone the losses the bank incurs? That's just ludicrous.

Experian themselves think that banks will do this. If you are happy with gambling with 'might' then fill your boots.

How do I update a default and will it affect job chances? - Experian UK

[WavyDavy]

No it really isn't. An employment screening agency does not have access to your account history or default information. I worked in a CRA for 5 years

The above was my understanding of the situation. To see late payment and default information (i.e. a credit report) rather than only judgements and bankruptcies (public record), you have to be in a reciprocity arrangement with the CRA, i.e. be reporting data as well as consuming data - like a bank or utility company.

My understanding was that pre-employment screeners (HireRight etc) and agencies weren’t part of the reciprocity agreement with CRAs and so could not see this data. Only judgements and IVAs and Bankruptcies.

However, the experiences on here seem to be contrary to this.

I’m properly confused

Davy

[radish2008]

This appears to be really poor advice to me unless you can come up with some evidence. What you say is a bank won't go the extra step to look deeper in to someone's credit history when it's easy for them to do so and the penalties are so much let alone the losses the bank incurs? That's just ludicrous.

Experian themselves think that banks will do this...

How do I update a default and will it affect job chances? - Experian UK

So it's not listed in Experian's service offering though.

Account history information is shared between lending institutions under the Principle of Reciprocity. This means that they see what they share. An employment screening company does not participate in this relationship and therefore cannot see this information. They can only see publicly available information which is the information Experian details on their website.

A bank will be able to see this info and RBS probably does it under the terms of employment, that wasn't the OPs question though - he was talking about a default stopping him getting the job an d my advice is that for an external screen he will probably be ok.

If a full credit search was routine then I would have seen it on my credit file in the search history - as it was I could see the employment screen only.

[radish2008]

However, the experiences on here seem to be contrary to this.

Davy

You are right.

Don't confuse experience with opinion ;-)

Apart from the RBS thing, which will be an in place check done by the bank under their employment T&C, not an employment screen done externally.