Conducting a credit inquiry on a potential candidate accomplishes 3 primary objectives:

Reveal negative banking information - A credit report is often the only place that one can discover fraudulent banking information

Reveal true address history - A credit inquiry can uncover a candidate's true address history. This information can be cross-referenced against the candidate's résumé to reveal inconsistencies.

Identification Verification - Helps protect against candidates who use stolen identity information or who would try to "beat the system" by providing a false name or date of birth during the police clearance process.