Background checks have become the norm for companies hiring new employees. They want to know everything they can about an applicant before making a final decision. In general, companies will pay for these background checks themselves. In some cases, however, companies might ask the applicants
A credit agent must decide to lend based on many different data points. What is one of the biggest problems in the world of credit decision making? Not the least of which is tax lien data. However, there is good reason to believe that tax
Commercial lenders face the challenge of detecting tax fraud from businesses that apply for loans. Throughout history, many businesses have used illegal means to conceal the health of their business, and this not only costs the lenders but it also negatively affects the nation’s economy.The
Job candidates no longer can be tested for marijuana in New York City, per law by the New York City Commission on Human Rights. Passed in April 2019, the law is an amendment to the New York City Human Rights Law after mandatory pre-employment marijuana
How well do you know your employees? What verification checks do you have to confirm their backgrounds? When practicing due diligence, human resource managers countercheck the work and criminal records of all employees. These checks are vital, especially when employees’ past behavior can impact their
Checking your employee's driving record should be as routine as doing a background check when selecting the right candidate for your company. Just like background checks, an employee's driving record can change at any time after they have been recruited. This means any negative marks
When dealing with a single-member limited liability company (LLC), most lenders have questions about the entity’s tax consequences.Since a single-member LLC has one individual responsible for it, the concern is often justified due to being tied to the owner’s personal financial activity. Thankfully, understanding how
If you are hiring interns at your company, you may be wondering whether a background check is necessary. An intern will generally work for your company for a specific period of time to gain work experience and then move on to their next opportunity.For this
To be a successful loan officer, you must master the art of timing. For example, closing deals during the holidays can be almost impossible. Most leads postpone signing the contract until after the festivities. Second, getting your facts right regarding the interest rates, terms, and
When it comes to the hospitality industry, people are the most important asset that your business has and it's important to make sure that you have the right team. Your customers will be interacting with your employees during the time that they spend with your