On July 1, 2017, the three major credit bureaus will stop reporting tax liens and civil judgment records that lack additional identifiers.
TransUnion, Equifax and Experian will no longer use these records when evaluating credit unless they can match a person’s name, address and either Social Security Number or date of birth in the public records.
This change is an outgrowth of a settlement involving 31 state attorneys general challenging errors in credit reports and is not due to a legislative change.
For employers, be aware that not all tax liens and civil judgments will be revealed in a credit report. Employers should review their current process and consider alternatives. Hire Image can assist in developing a search that will report tax liens and civil judgments that are no longer being shown on a credit report. With our hands-on court searches, Hire Image matches identifiers and reports the information belonging to the applicant.
