Consumer occupation / employer information is updated from information supplied to the credit bureaus when enquiries are performed on the credit bureau. The consumer’s employment information is logged and date stamp at the time of the enquiry.
Important considerations:
A quality application form will ask the individual to supply their current employment details – we recommend the credit bureau employment information on record should be verified against the application form to assess if the information corroborates. If not the applicant’s employment details on the credit bureau might be old (refer to the date of the information), or the applicant might have supplied incorrect employment references on their tenant application form and we recommend contacting the employment information supplied by the credit bureau to eliminate any malicious intent.