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My 1st question is: Time limit on Visa/Discover Card Credit Card Disputes? Thanks for any answer or 2. Another question on my mind: DH had a successful interview with comapny that is now doing a background check, which includes a credit check. He got a hard inquiry on Experian from Background America Inc. He has a $95,000 tax lien from 2000. Is this likely to cost him the job ? |
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That's a good question. I'm not sure what is the answer. I'll do some poking around and get back to you if I got an anything. You should email the people at Discover Card as they probably could assist you..
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It may depend on the type of job involved. If it's a job in the financial industry, like a bank or other place that handles funds, the lien could have a negative effect. From what I've heard, you won't get a job in a bank or other financial institution with a BK on your credit report, a large lien might be viewed in the same negative way. If the job is not in the financial industry, and there isn't too many other negatives in the report, then he's probably ok...
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It depends on the company..
Companies like BA do not make the decision - they usually supply employers with a score because it is generally not legal for employers to view your credit report - they hire these third parties to look and then make some kind of objective score or assessment based on the hiring companies criteria.. The employer may have a "no BK, no liens over 20k and no judgment" rule (I am just speculating) as well as some kind of score that is reduced for certain types of items on the report. As long as there is no specific exclusion for that kind of lien and no other negative information, I would guess that he has a pretty good chance of passing.. Just a guess though... |
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In my experience, yes, as it happened w/multiple jobs€NONE of which involved direct handling of $$$ + NONE of which were in the financial industry (not banks, brokerages). The lien was several years old @ the time + was the only €œmajor€? baddie on my reports. I ended up having to become a temp/contract employee + become self-employed...
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I'm the HR Manager at my company and I can tell you that would affect hiring where I work (car industry). Our CFO feels like if you cannot handle your personal business, you will have issues here too...
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Yes there are some industries (like the financial) that will probably not hire someone with a lien or Bk but it really depends on the job and industry. I believe all things are explainable many people have had hardships in their lives and have made some mistakes. I also am an HR Manager for a govt contratcor and we have had these types of issues come up many many many...Did I say many times. We have hired people that have had financial issues in their background and they have turned out to be some of the best employess and have also been able to get govt clearances. It is even explainable to the govt.
This post has been edited by. Ericgunit. : 21 January 2010 - 03:26 PM.. |
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That€™s refreshing to know some have been able to get govt clearance. I tried explaining it as best I could (life happened, the lien was WRONGLY filed- as proven by the fact I€™ve since had it reduced by 50k W/O paying), but was shut down so many times (they said no matter how long ago it was, it indicated a major personal/financial mismanagement, so no dice), that I finally gave up + went to temp agencies (no background check required) and became self-employed. In a way, for me, it was a blessing in disguise...
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A franchise dealer? if so you are the exception to the norm. I do know back in 2000 Autonation would not hire you if you had credit problems...
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$95,000.
Is a lot of money. More likely than not anybody seeing that would kill the chances of a job. Maybe even. McDONALDS. If they pulled credit (not that they do that I know of). Unless it is so long ago that they don't care. I do know there is no. SOL. For taxes and I think student loans.. |
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Might be a lot of $, but might also be WRONGLY reported. I had a 5 figure tax lien that was WRONGLY reported by $50k. Now sure, I told the companies I applied to that it was WRONGLY reported, but did they believe me? No. Did I get the jobs? No. Sometimes, companies miss out on great employees b/c they€™re too busy looking @ reports that are WRONG. Tax liens ruin more peoples€™ lives + sometimes, the almighty, fine government is WRONG, but good luck getting the CRAs to CORRECT it (EX still WRONGLY reports my lien by $50k)..
While there is no SOL for tax liens and SOL, they often drop off after 10 years, even if unpaid... |
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That is a pretty large number, but he could claim that it was a mixup due to lottery winnings in 2000 or that he's a die-hard libertarian or something. If that were the only negative, it might not look so bad...
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...AND THE BIG 3 ARE HAPPY WITH THEIR.
UP TO A 79% ERROR RATE. Pulling credit reports can't ever hurt...what are you trying to hide. (just a joke). This post has been edited by. GEORGE. : 21 January 2010 - 06:44 PM.. |
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"Don't ask, don't tell," but making up stories or lying will backfire almost always... some employers will even blacklist you and share their list with other employers...
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Lol george, Experian has been frozen for the past year + they can suck it as far as I€™m concerned. Like I said, not getting a permanent job JUST b/c of the tax lien turned out to be a blessing in disguise for me as it€™s led to better things, but I think it€™s ridiculous for companies to so blindly rely on these error-filled reports..
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Doubt they'd risk a lawsuit doing something that stupid. If employers are afraid to tell the truth about a past employee, they're not going to "blacklist" someone with other employers and risk a lawsuit purely out of spite. "Clearly you are lying, sir, nobody is really a libertarian. Excuse me for a moment while I slander your good name."..
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Some what related.
HARD. For a car/truck. DO YOU WANT THE HARD or DO YOU WANT THE SALE. (no dealer money involved).. |
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I think many companies have had employees quit when there wages began to get garnished, which is the rationale for some companies not hiring...
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Of course, blacklist is off the record, and is one of the darkest secrets some big guys keep around.... Google "Jeffrey Chiang."..
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...and we had a very high rated cashier.
QUIT. Because of. MASSIVE CA CALLS RELATED TO ID FRAUD. (none of it was hers). All her "REAL" accounts were up to date. This post has been edited by. GEORGE. : 21 January 2010 - 07:21 PM.. |
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It totally depends on the company. I work for a fortune 50 company in their Finance dept and my past BK has never been an issue...
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If the tax lien is over 10 years old then the taxes are definately over 10 years old you should have him dispute it as obsolete. I know that it is hindsight now but regardless if he gets the job or not dispute it as OBSOLETE..
If the lien is over 10 years old and it has not been refiled then it should be removed. Also if the taxes are over 10 years then the period to collect has expired... |
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According to the FCRA, tax liens cannot be reported more than 7 years after they are paid and no restrictions are placed on reporting unpaid tax liens. However, I think CRAs generally have policies that limit unpaid tax liens in some way. I recall seeing one state they didn't report unpaid liens that were over 15 years old but don't remember which one. Others may too but they don't have to. At least under the FCRA...
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Just because a tax lien is stale doesn't mean the CRAs can't report it. Just like debts out of SOL. It never hurts to ask though and some have had success at getting them removed...
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