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Scottish Trust Deed Forum
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Topic starter
04/10/2017 8:29 pm
My trust deed began on 9/12/11 and I completed this in June 15. I am at the in-between stage in that I have received the discharge but am about 2 months away from the 6 year anniversary of signing the Trust deed which I believe will clear this from my credit history.
I was recently made redundant and am looking for a new job. What's concerning me are the background checks a potential new employer may perform and in particular the credit checks.
Can anyone give me advice on the following?
If a potential employer runs a credit check on me what will they see? Am not sure if it shows as 'bad history', or shows 'defaults' or that I was in a trust deed? I have checked my credit file on creditexpert and everything on there is as I would expect it to be.
I was asked on a recruitment consultants registration form - Would you pass a credit check? I assume that at my stage with 2 months to go before the 6 years are up the answer would be 'No'.
Are there any difference between a Credit check and a full credit check? Have saw different wording of this on different jobs.
What advice would you suggest here if I was asked to explain what the issue is here? I have been thinking id cross the bridge when I get to it and don't want to volunteer any of this sensitive information until I absolutely have to. It was explained to me at the time of creating the trust deed that signing up for one does show people you are taking responsibility for your financial situation and this maybe looked upon more favourably with lenders/employers, this is the approach I was thinking Id take.
Thanks for reading, I understand you might not be able to speak on behalf of potential employers to answer my questions but any advice would be appreciated.
05/10/2017 7:47 am
Welcome to the forum Justaboutover.
Your credit report will include a section about insolvencies and quite possibly default notices issued around the time that your trust deed began.
There's no defined standard for passing a credit check. Everyone sees the information from their own perspective. It's a daft question to which I think you should answer as you please.
For any employer likely to run a credit check I would advise you to get in there first. Yes you had credit problems many years ago, but also yes you dealt with them several years ago and have moved on. That demonstrates openness and honesty to an employer, highly valued for the types of roles that necessitate credit checks in the first place.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
05/10/2017 9:49 am
I'd agree completely with Trust Deed Assistant and am actually quite surprised that they would ask a question like "would you pass a credit check" as it is pretty meaningless.
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
05/10/2017 2:32 pm
If you have been discharged your public records information will reflect that and also all of your credit accounts should be marked as satisfied or partially satisfied, which is as good as it can be until the 9th of December.
the Background checks usually are to confirm identify, look for fraud, for financial institutes they may consider any outstanding issues.
At the end of the day nothing ventured nothing gained. I went through such process right in the middle of mine and got the job...... I had nothing to loose by doing it! you can always ask upfront see what they say, the worst they can do is tell you its a problem but the sun will still come up in the morning.
Asking if you would pass a credit check..... what does that mean, what are the standards. There may be conditions that say no defaults in the last 6,12,24 months and/or no CCJ in the last 3 years etc. you really need to know what the standard is and that will like lenders, vary from employer to employer.
Topic starter
12/10/2017 10:55 pm
Thank you for your responses, its certainly been a help to get advice from others.
I agree its an odd question about whether you would pass a credit check or not, when ive been asked that its been by Recruitment Agencies and at times they cant even remember your name from one week to another so ive just said yes and thought id just cross that bridge when I get to it - ie being made a job offer.
Thanks again for the replies as this is a great forum to ask things these sensitive type of questions.
