DO APPLICANTS NEED TO SIGN A RELEASE FORM?
Yes, each applicant needs to complete and sign a release in order to be in compliance with the FCRA. There are a select searches which also require the release form to be faxed in to Falcon Vision, You must also keep the signed release form on file for at least three years even if you do not hire the individual. Hired employees release forms should remain on file during the entire time they are employed with your organization. FAQ: WHAT IS AN EMPLOYMENT CREDIT CHECK? An employment report is a modified credit report that helps potential and current employers make hiring and promoting decisions. The employment report contains much of the same information about your loans and credit cards that your credit report has listed. However, your marital status, year of birth, and account numbers are omitted from the employment report. FAQ: WHY EMPLOYERS SHOULD RUN EMPLOYMENT CREDIT CHECKS? This is an absolute must if the applicant will be handling money, be disbursing money or be placed in a posi
