Executive Credit Management, Inc.
Your Applicant Screening and Debt Collection partners for over 20 years
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.
http://www.kcentv.com/story/24772506/tenant-screening-companies-must-use-accurate-information-to-provide-accurate-reports-or-face-the-consequences-of-inaccuracy
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.
ABOUT EXECUTIVE CREDIT MANAGEMENT, INC.
Executive Credit Management is a full-service Debt Collection and Applicant Screening agency with over 20 years experience located in Central New Jersey. We provide excellent service in the following areas: Employment Screening, Business Screening, and Tenant Screening. Executive Credit Management belongs to a number of Skip Tracing databases and offers services to help locate and confirm the current address of missing debtors. Other services provided are: litigation evaluation on all lawsuit decisions, improvement of the quality of the applicant data, Lawsuit Monitoring, Handling of Debtor Disputes. Executive Credit Management features the best Call Monitoring System in the Debt Collection industry.
