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Is it true that employers check credit reports for new hires and promotions too?

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Is it true that employers check credit reports for new hires and promotions too?

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Yes they do! An employment report is a modified credit report that helps potential and current employers make hiring as well as promotion 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.

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