Financial & Business Products
Trust Isn’t Optional. Protect Your Brand from Liability and Loss.
Summary
Summary: Provides insights into financial responsibility and potential risks related to fraud, financial mismanagement, or business stability. Ideal for financial institutions, executive hiring, and risk management.
Typical Industries: Banking, insurance, investment firms, large enterprises, executive hiring.
Typical Org Level: CFOs, risk managers, financial institutions, corporate investigators.
Product Menu
This financial X-ray exposes your candidates' payment history, outstanding debts, and other financial obligations that reveal their true relationship with money. The report delivers crucial insights into financial responsibility and risk factors, particularly valuable when considering candidates for positions involving financial trust or access to company assets. When your applicant for a financial controller position has maxed-out credit cards, multiple late payments, and collection accounts, this report saves you from what would certainly be a costly hiring mistake.
Liens
This financial investigation uncovers legal claims against your candidates' assets, exposing the collateral they've pledged to secure loans and other financial obligations. While finding a lien isn't necessarily negative—most people have at least one for car or property payments—multiple liens or progression to judgments raises serious red flags about financial management. When your seemingly stable executive candidate has liens on every asset they own and a pattern of non-payment, this search might save you from bringing financial chaos into your organization.
Judgments
This powerful search reveals when courts have ruled against your candidates in financial disputes, exposing the most serious financial delinquencies that result from failed liens or unpaid debts. Our investigators consider any judgment as adverse information, providing crucial insight into an individual's payment and debt history. When evaluating candidates for positions involving financial responsibility, discovering that a potential hire has multiple judgments for non-payment might be the clearest "do not hire" signal you'll ever receive.
Bankruptcies
This thorough investigation uncovers your candidates' bankruptcy filings, revealing financial difficulties that might impact their suitability for certain positions. The search examines the type, date, and reason for bankruptcy, distinguishing between financial setbacks caused by medical emergencies versus patterns of financial irresponsibility. When hiring for positions requiring financial integrity, this check helps you separate candidates who experienced one-time hardships from those with chronic money management issues that could affect your business.
County Civil
This deep dive into local court records uncovers all the non-criminal drama your applicant has been involved in, from ugly child support battles to property disputes that reveal their true character. The search examines records from each county where your subject has lived, typically going back 7-10 years to find the dirt they hoped had been buried by time. When your seemingly perfect candidate has a pattern of being sued by every landlord they've ever had, you'll be thankful you didn't skip this crucial check.
Federal Civil
This specialized search hunts down federal-level civil cases involving your applicant, often revealing involvement in wrongful death claims, personal injury suits, or entanglements with the federal government that wouldn't appear in standard county searches. Our investigators search each federal jurisdiction where your subject has lived, cutting through the bureaucratic maze to uncover civil issues that could spell trouble for your organization. If you're hiring someone to handle sensitive information or finances, this check might be the only thing standing between you and a candidate with a history of fraud litigation.
FAQs
Find answers to your most pressing questions about our background screening services.
Focus: Evaluates financial responsibility of candidates in roles handling money or sensitive data.
Considerations: Must comply with Fair Credit Reporting Act (FCRA) guidelines.
Recommendation: Essential for positions handling financial transactions or sensitive company assets.
Key Points of the FCRA:
- Candidate Consent Required: Employers must obtain written permission before conducting credit checks.
- Adverse Action Notice: If adverse action is taken based on a report, the candidate must be notified and given an opportunity to dispute.
- Accuracy & Fairness: Employers must ensure that reports are accurate and use only relevant information.
- Dispute Resolution: Consumers have the right to dispute inaccuracies and request corrections in their reports.
For organizations using financial background checks, adherence to FCRA regulations is critical to avoid legal complications and protect candidate rights. Consult your corporate attorney to ensure that your policies are compliant.
For more details, visit the Consumer Financial Protection Bureau on FCRA.
Other Services Offered:
- Credit History: Detailed assessment of an individual’s creditworthiness and financial stability.
- Business Credit Report: Evaluates the financial health and credit history of potential business partners.
- Fraud-Prevention Check: Identifies potential fraudulent activities or associations in a candidate’s history.
- Financial Regulatory Compliance Check: Ensures that candidates comply with financial industry regulations and standards.
- SEC Electronic Data Gathering, Analysis, and Retrieval system (EDGAR): A public database maintained by the U.S. Securities and Exchange Commission (SEC) that provides access to corporate filings, including financial statements, disclosures, and reports for publicly traded companies.
- Federal Deposit Insurance Corporation (FDIC): A U.S. government agency that insures deposits at member banks, oversees financial institutions, and issues enforcement actions against banks that violate regulations.
- United States Department of Transportation (US DOT): The federal agency responsible for overseeing national transportation systems, including regulations applicable to commercial drivers, motor carriers, and transportation safety.
- Office of the Comptroller of the Currency (OCC): A federal agency under the U.S. Treasury that regulates, supervises, and enforces banking laws applicable to national banks and federal savings associations.
- NCUA Administrative Orders: Enforcement actions issued by the National Credit Union Administration (NCUA) against federally insured credit unions and individuals to address regulatory violations and financial misconduct.
- Investment Adviser Public Orders: Public disciplinary actions taken by the SEC or state regulators against registered investment advisers for violations of securities laws or unethical practices.
- FINRA NASD Broker Check: A tool provided by the Financial Industry Regulatory Authority (FINRA) that allows the public to research the background, qualifications, and disciplinary history of brokers and brokerage firms.
For more details, visit CIChecked’s Financial & Business Screening Services.
Other Products & Services
Background Screening Without the Runaround—Let’s Make It Simple.
Too many gaps, too much guesswork? We streamline compliance, cut costs, and deliver clarity. Let’s talk.