Employment Credit Checks

Most people know that when they apply for a loan or credit, the lender or creditor is going to check their credit. What may not be common knowledge is that some employers also run a credit check as part of the employment process. When a potential employer runs a credit check on a potential employee, it is typically called an employment credit check.TypesA potential employer has the right to pull a credit report or to run a credit check on an employee before offering employment. An employer also has the right to run a credit check before deciding to promote the employee, give the employee a raise or deciding whether to continue employment of the employee. According to the Employee Issues website, an employer has the right to run a credit check because there are currently no laws that exist that prohibit discrimination based on the status of the credit report.IdentificationThe employer requests credit information from the three credit agencies: TransUnion, Equifax and Experian. An employer is typically privy to pulling a full credit report on an employee, which can include personal information and information pertaining to credit and debt accounts held by the employee. Information the employer can obtain from a credit report may include the year the employee was born; current and previous addresses; marital status and name of spouse; names of current and former employers; bankruptcy, liens and judgments; child support and alimony obligations; payment history on any account listed; a credit score; and other companies that have checked the credit report.PermissionThe Fair Credit Reporting Act does govern how employers can obtain a credit report on employees. An employer has to inform an employee that a credit check is going to be run and the employer has to obtain written permission from the employee. If an employee does not provide consent to the employer to check credit, the employer won’t be allowed to run a credit check, but this may also mean the potential employee does not get the job and an existing employee may not get to keep their job.UseThe Fair Credit Reporting Act also requires employers to provide the employee with disclosures before taking action based on the credit report. For example, if the employer intends on letting an employee go, the employer first has to hand over a “pre-adverse action disclosure,” which includes a copy of the employee’s credit report and a written summary of the employee’s rights under the Fair Credit Reporting Act. After the employer takes adverse action against an employee, the employer then has to provide the employee with an “adverse action notice,” provide the name and complete contact information of the credit agency the employer received the credit report from, the employer cannot disclose the credit check results to anyone else and is not allowed to place the information in an employee’s personnel record.State LawsIn the wake of the downturn in the economy that began in 2007 and the high unemployment rate, many consumers were not able to pay their bills, which left many of these employees or potential employees with negative credit reports. Some states have proposed bills that prohibit discrimination on employees based on the findings of a credit check by an employer.

Laptop Computers Pave the Way For Superior Mobile Computing

Laptop computers were first designed to meet the special computing needs of certain niche markets. Manufacturers targeted highly mobile professionals who certainly needed portable computers to do their jobs. These enabled business professionals to perform efficiently even when they are not in their offices.From a mere niche market product, these computers have become so powerful that almost everyone has benefited from it. Most professionals now utilize laptop computers to accomplish their daily tasks. Laptop computers are also being used by students in schools.The Evolution of Laptop Computers:Early generations of portable computers were used by NASA on its space shuttle missions. These are the first generation laptops and they are bulky with only 340 kilobytes of memory. These portable computers featured foldable display screens so technology historians considered them as the father of modern laptops.In 1981, the first text-book size laptop computer was introduced. Such advancements were made possible because of the increasing sophistication of microchip technology. This early laptop featured a foldable screen, a built-in modem, and floppy drive devices. There were also installed programs in these kinds of early laptop computers.More advances in microchip technology accelerated since mid 1980′s. The need for highly portable and powerful computers also emerged. Because of these, laptop computers became razor-thin, lighter, and extremely powerful.Today, modern laptops will be no bigger than a small brown envelope. They are also ultra light and equipped with hard drives that have amazing storage capacities. Modern laptop computers also have faster processor speed and typically have 1 to 5 GB of available RAM.Typical Features of a Modern Computer Laptop:What you can see on your desktop can also be found on any laptop. Even removable media devices such as DVD ROMs can be supported by high end laptop computers. You can also find different kinds of hubs and ports on a laptop so you can use USB drives, read memory cards, and establish mobile phone connections.Internet working is also fully supported by modern laptops through LAN cards, WiFi modules, modems, and satellite connection devices. These features are very useful for those using laptop computers in businesses and for personal computing. Even high impact gamers and web power users will find a laptop computer suitable for their needs.Laptop computers can also quickly distribute information across the Internet. Usually, journalists can capture videos and edit them directly on their laptops. They can instantly broadcast news through the Internet.New Laptop Computers for Everybody:Because a full-featured laptop computer is not cheap, IT companies started producing affordable Netbooks and subnotebooks. These are laptops with limited functionalities but will be suitable for all types of mobile computing.You will be able to check emails, process documents, browse the web and watch online videos through a netbook. These netbooks normally have smaller hard drive capacities but will be fast enough for normal web browsing. Gamers can also use these new netbooks.Mobile computing became possible because of laptop computers. More advances to laptops will be introduced as computer technology becomes more sophisticated.

Debt Management Plan – Your Shield Against “Harassing” Creditors

A debt consolidation loan, under a debt management plan, is aimed at minimising your monthly financial outgoings. The minimisation of your pending debt is done after the debt consolidation agency holds meetings with your creditors. This meeting is aimed at reducing and if possible, eliminating the mounting fees and charges and obtaining fee waivers. After the settlement is made between the agency and the creditors, all of your debts will be consolidated into a single and affordable payment. In this way, you can easily pay off all the debts within a short span of time.A good debt management program is an efficient way to take care of all the debt problems. Let us have a brief look at what things are undertaken by a debt management agency. The debt management advisors carry a thorough assessment of your financial situation and work out a suitable repayment plan for you besides offering debt counselling. This counselling will help you to manage your financial affairs in a far much better way. They also give their level best to minimise the interest rate and eliminate the repayment penalties, if any.Your credit history is not affected in any way when you join a debt management program. The agency which is looking after the debt management plan will ensure that you are duly intimated about your account progress in the form of monthly statements depicting the payments received.Now that we have studied much about the debt loans, debt management programs and agencies, let us now have a look at the debt management UK. As per a recent eminent market study, it was revealed that almost 75-80 percent of the customers in the UK have availed or planning to avail the services of debt management agencies to reduce or eliminate their owed debt. Now that the debt management has been taken care of, let us have a look at some valuable tips to ensure that the life is managed smoothly.You must however make sure that you do not adopt the same spending habits and stay away from falling in the same trap. If you have any doubt about the functionality and credibility of the agency, you can seek advice from individuals who have been the beneficiaries of their debt management program or an unbiased advice from an impartial professional expert.These agencies looking after your debt loans ensure that things do not go worse anymore besides ensuring a consistent and smooth management of the financial affairs. They also make sure that the creditors do not make harassing calls to you.Thus it can be easily concluded that these Debt management plans help a financially burdened individual to lead a debt free life besides helping him to stay away from tempting debt offers.