Background check for financial shops: Impact on credit report?

Hello all! - Do background checks impact credit report / score? MSC is requiring as step 1 for money wire/transfer shop. Thanks.

Bilingual (Spanish<>English)

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I don't do them, but had a bank credit card inquiry and was told by banker they do require a hard credit check, and declined. MSC instructions didn't say that, I fought it and will be paid even though I didn't fill out application.
Check with scheduler before doing it.

Live consciously....
If you mean criminal background check, those have nothing to do with your credit score.

Based in MD, near DC
Shopping from the Carolinas to New York
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OP didn't say anything about a criminal check, I had a background check done for The Source and they didn't do a credit check, you do need background checks for certain jobs, so I say no impact to credit. .

Live consciously....
Hi JSM2019,

I'm not sure which company this is for, but Informa does these types of shops. We do require a background check. The check does not include a credit check, just a criminal history check as required by the client. Hopefully that helps.

Briana Baca
Field Director (In-House Scheduler)
Informa's CXR Team (formerly Informa Financial Intelligence and Informa Research Services) CXR - Stands for Customer Experience

Edited 1 time(s). Last edit at 06/10/2019 03:54PM by MSFDINF.
A background check should not include a credit check. If they want your credit report, that's what they should request (and I imagine they would). You should also be given a full disclosure to sign before they do anything. The company that does the background investigation should get your written consent.

And yeah, "background check" is used to mean criminal history.
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