Credentialing for Credit Reports
  • 30 Mar 2022
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Credentialing for Credit Reports

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  • PDF

Employment Credit Reports contain sensitive consumer information beyond what is typically found in criminal background checks. As such, GoodHire must verify the company's eligibility to purchase credit reports through a separate credentialing process. The credentialing process contains two parts: a business verification and an onsite inspection.

Verification of Company Eligibility

Due to the sensitive nature of the information within Employment Credit Reports, GoodHire must verify the company's eligibility to purchase credit reports.

As part of this verification process, all eligible employers must sign a Service Agreement with GoodHire. The Service Agreement certifies that to GoodHire that its users will only use the information in the credit report for employment purposes and will be used in accordance with all applicable laws. It also ensures that you are aware of your obligations as a user of credit information, and that your intended use of credit reports is in compliance with any data provider's requirements.

The verification process typically takes 3 to 5 days, although it can take longer in special circumstances.

Once the application has been processed, GoodHire will send the company an email containing the status of the application.

Frequently Asked Questions:

I only need to purchase one credit report. Do I still need to go through this verification process?

I don't have all the necessary documentation. Can I complete the application later?

Do I have to go through the verification process every time I need to purchase a credit report?

Onsite Inspection

To further ensure that credit reports are only provided to legitimate businesses, GoodHire will conduct an onsite inspection. This process mitigates the risk of of report procurement for the purpose of identity theft.

The onsite inspection is a one-time process that costs $79.99 (As of 3/30/2022).


In some cases, your company may be exempt from the onsite inspection. The table below shows the cases in which a company is exempt from the onsite inspection, and what documentation must be provided in its place.

Your company is exempt from the onsite inspection if it is: You will need to provide the following documentation:
Publicly traded and regulated by the SEC A screenshot of your listing in the EDGAR company search
Listed in the FINRA publication OTC Bulletin Board (OTCBB) Your listing on
Regulated by an agency listed in Section 621(b) of the FCRA Documentation evidencing which agency under 621(b) regulates your operations
A licensed insurance provider A copy of your insurance license or printed verification from AM Best. This exemption is for insurance companies only. You must be in the business of selling insurance policies. Do not choose this exemption merely because your company carries an insurance policy
A 501(c)(3) non-profit organization A copy of your tax-exemption certificate. You must provide your tax-exemption letter from the IRS which states you are a 501(c)(3) entity. State-issued or county-issued documents showing non=profit formation cannot be substituted for the IRS certification documentation. Other non-profit entities, such as those formed under 501(c)(6) do not qualify for exemption from the onsite inspection.
Certified by the Small Business Administration for participation in an SBA-administered program A copy of your certification for participation in an SBA-administered program. You must provide documentation showing you are certified to participate in a federal-level SBA-administered program. Examples of such programs are:
  • Section 8(a) Business Development Program
  • Historically Underutilized Business Program
  • Service-Disabled Veteran Owned Small Business Program
Certification by you local SBA cannot be substituted for certification for participation in federal program.
Certified by the Department of Transportation for participation in the DOT Disadvantaged Business Enterprise Program A copy of your certification for participation in the DOT's Disadvantaged Business Enterprise Program.
A hospital or operates in a medical-related field or facility Documentation of your listing in one of the following websites:
  • Medicare
  • Medicaid
  • Joint Commission
  • ACHC
  • CHAP
  • Billian's Healthdata
The listing must show a business address that matches the address provided by your company during signup. Business licenses cannot be substituted for a listing on one of the provided websites.
A franchise RV dealership Documentation of your RV franchise dealership listing on the direct manufacturer's website.
A franchise auto dealership Documentation of your auto franchise dealership listing on the direct manufacturer's website.

Frequently Asked Questions:

Are there situations in which I may be asked to undergo a second onsite inspection?

Is there anything I can do to expedite the onsite inspection process?

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