You hear this a lot from me. The linked article below provides some detailed information on what can happen if the information provided to the screening databases (i.e. Credit Bureaus, Criminal History) is not accurate.
You want to know about the specific person who applied. You are not interested in a person with a similar name or social security number. If there are incomplete entries or misleading entries on the application, you have a very good chance of getting information on a different person.
But wait, it can be worse. The non-applicant probably won’t be happy you ran their information and the applicant will certainly be upset if you reject the applicant based on another person’s information.
Sometimes these angry people sue. Sometimes they report you to agencies. Sometimes they get in your face and scream.
None of this is good. Fortunately, it has a simple solution. First, insist on a completely filled out application that asks lots of questions. You can find these questions in previous blogs. Second, know the red flags. This also is in my blog list.
If you are interested in what can happen if the information is not accurate, click on the link below.
Understanding debt collection and background screening best practices can save your business big money. Building up front applicant screening into your business processes costs you very little, but saves you so much in the end. If you haven't already, partner with a full service debt collection and applicant screening company to guide your business to a place of security and prosperity.
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