Can employers check credit history beyond 7 years?
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Like if you had a bankruptcy 10 years ago, or liens etc. Can employers check credit history beyond 7 years?
They can only see whatever on your credit report
Employers pull your credit report, so the only information they can see is whatever shows on your report. Most negative information remains on your report for 7 years.Chapter 7, 11 and 12 bankruptcies remain on your report for 10 years. Unpaid tax liens & criminal convictions remain indefinitely.
F.Y.I, most job applications specifically ask if you have EVER filed for bankruptcy.
Employers can’t go checking your credit history behind your back. Thanks to the Fair Credit Reporting Act (FCRA). They must have written consent before pulling an applicant’s credit history.
But yes, for a potential hire, sometimes employers check credit to get insights of financial distress that might indicate risk of theft or fraud. They don’t get your credit score, but instead see a modified version of your credit report.
Potential employers see a modified version of your credit report but omits information that might violate equal employment regulations, such as your birth year or marital status. An employer credit report does not show your credit score or disclose any account numbers.
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