A tenant check should verify identity, income, rental history, and employment history. It should not discriminate based on orientation, race, or gender. Bankruptcies and tax liens may be an issue. Talking to current and past landlords is important to ensure the tenant has not been evicted before. The best way to conduct a tenant check […]
Money orders and cashier’s checks both guarantee payment, but the main difference is that a cashier’s check uses the bank’s funds and is signed by the bank, while a money order can be issued by various sources. Cashier’s checks are generally more expensive and require a bank account, while money orders can be purchased from […]
Social Security checks are payments made to eligible recipients in the United States, including retired, disabled, survivors, and dependents. The amount and payment date of each check vary based on factors such as birthdate and average lifetime earnings. Disability benefits are also paid monthly based on average lifetime earnings. A Social Security check is a […]
FBI background checks provide criminal records and arrest data on US citizens and residents. They are required for government jobs, adopting a child, purchasing a firearm, and working in sensitive places. The checks are used to gauge suitability and trustworthiness, and draw on the National Crime Information Center database. The files are kept digitally and […]
Most paper checks can be disposed of once reconciled with monthly statements, but some need to be kept for tax purposes. Canceled checks should be kept for a minimum of seven years for tax records, while routine payments can be discarded after three years. It’s important to keep receipts and supporting documents for business expenses. […]
National background checks investigate a person’s identity and background across an entire country, often performed by employers for sensitive positions. Permission is required, and checks can include identity verification, past addresses, criminal court searches, financial information, and professional information. A national background check is an investigation into a person’s identity and background. Unlike local background […]
Businesses and individuals may conduct criminal background checks on employees or volunteers for security reasons. Employers may be required by law to perform these checks, especially for those working with vulnerable populations. Private investigators or specialized companies can conduct checks, but online data brokers may not provide accurate information. Businesses hiring new employees or volunteers, […]
Police background checks have been transformed by the internet and computerization of records, making it quicker and easier to conduct basic crime-focused checks. Other checks, such as those for rental properties or relationships, are often done by private companies, but there are risks involved. Misinformation could result in costly lawsuits. Like most of our 21st […]
Traveler’s checks are protected against loss or theft and accepted as legal tender by most businesses. They are becoming less common due to the rise of digital financial networks. American Express is the largest issuer. Payees are protected from fraud, and buyers are protected against loss or theft. Identification may be required, and payees must […]
Check fraud can take many forms, including altering check amounts, stealing and altering valid checks, and using check kits. Check protection services can help prevent these types of fraud. Check fraud is an illegal crime that can take place in a number of ways. Some of the schemes that qualify as check fraud are very […]
Background checks are common in the US for various reasons, including employment and rental applications. Law enforcement agencies may determine citizenship or immigration status during security clearance or criminal investigations. Employers may verify legal employment status using resources provided by the government. Landlords may be required to verify immigration status in some jurisdictions. Credit checks […]
A registered check is guaranteed by the bank and considered legally equivalent to cash. It can be obtained by presenting enough funds to the bank and is not subject to holding periods. However, it cannot be cancelled and may incur fees. A registered check is a check that a bank guarantees, ensuring that the check […]
A sales audit evaluates a company’s sales process, from software to management strategies, to determine if methods are cost-effective and generate revenue. Auditors analyze the external and internal environment, sales goals, structure, and hiring process to suggest improvements. The goal is to improve sales performance and increase predictability of results. A sales audit is a […]
A credit check is an investigation by a lender to determine if a person meets their credit standards. The report includes payment history, employment history, and debt information. Lenders use this information to decide whether to approve a loan or credit card, and may adjust the terms accordingly. Consumers can obtain a free copy of […]
Perception control is a conflict resolution method that involves objective evaluation, hypothetical reasons, and direct questions to assess a situation. It can be used by managers and parents to maintain respectful relationships and avoid misunderstandings. Ending conflicts in a calm way can go a long way in making life much more enjoyable for everyone. An […]
A voucher check is a check attached to a stub that explains the purpose of the check, often used to simplify record-keeping systems. It provides a record for both the issuer and payee, and some companies use it for payroll processing, including information about taxes, withholdings, and deductions. A voucher check is a type of […]
Landlords may conduct basic tenant checks to ensure new tenants follow rental rules, pose no risk to the property, and can pay rent on time. Checks can include verifying occupancy status, running a credit check, and speaking with previous owners or employers. Some landlords may conduct more elaborate checks, including criminal history research. Real estate […]
A sanity check is a valuable tool used to confirm assumptions or calculations. It is used in various fields, including sciences, humanities, and casual conversations. Admitting the potential for mistakes is a valuable trait, and requesting a sanity check is respected by colleagues. The term “sanity check” is used to describe an instance where someone […]
Banks can hold check funds for a period of time, regulated by the US Federal Reserve Board, depending on the type of check deposited. The concept of “business day” is important, and local versus non-local checks have different funding timelines. Other circumstances may also result in a check hold. When a person deposits a check […]
International background checks are used by employers to screen candidates for criminal charges and credit history. They are important for child welfare workers, police officers, and government officials. Companies may run these checks for candidates who have lived in multiple countries. Credit history may also be checked. Companies can hire external sources or do the […]
