A financial record check looks at an individual’s publicly available financial history. It’s used to gauge reliability, financial responsibility, and how vulnerable an individual might be to financial pressures. 

Financial records checks typically look at credit reports and other public records, including past loans, payment histories, outstanding debts, bankruptcies, electoral roll registration, and county court judgements.

Companies run financial records checks to assess an individual’s financial responsibility and if hiring them would pose a risk to the business, either reputational or financial. Looking at a candidates’ past bankruptcies, credit history, and debt levels is an indicator of how vulnerable they are to financial pressure,  and whether or not they can be trusted to handle large sums of money. In many finance roles, financial records checks are required by law. 

Zinc provides background check services for various industries, including healthcare, energy, financial services, construction, retail, hospitality, transportation, and technology. We offer industry-specific screenings, such as financial compliance (SMCR) and other regulated checks (BPSS, BS7858), and we can customise background check packages to meet the specific needs of any industry.

Our employee background check software handles data privacy with utmost care, complying with relevant regulations, including GDPR and other data protection laws. It returns results from a location-sensitive and fully compliant range of sources to give you complete peace of mind.