Wells Fargo background check disqualifying

Wells Fargo strives to ensure a comprehensive analysis of potential employees during its background check process. This is done to maintain a high level of security and customer trust, as well as to comply with federal banking standards.

Who Conducts the Check: Wells Fargo Background Check Company

Wells Fargo does not conduct all checks independently. Instead, specialized companies such as:

  • First Advantage
  • Sterling Talent Solutions
  • HireRight

These companies specialize in workplace checks and handle large volumes of data to provide accurate results.

How the Check is Conducted and Wells Fargo Hiring Process Background Check

The Wells Fargo hiring process includes several stages of verification:

  1. Identity Verification: Based on the information provided in the job application.
  2. Credit History Check: Conducted through the three major credit bureaus – Experian, Equifax, and TransUnion. Special attention is paid to debts, bankruptcies, and overdue payments.
  3. Criminal Check: Involves searching for criminal offenses and cases in national databases, as well as regional and local databases.
  4. Employment and Qualification Verification: Contacts previous employers to verify work experience and qualifications listed in the resume.
  5. Background Check for Criminal Records: Separate research of regional and federal databases for fraud, theft, or other financial crimes.

How Far Back Does Wells Fargo Background Check Go

The coverage periods for Wells Fargo checks vary depending on the type of check:

  • Credit History: Typically, the credit report includes information for the last 7 years.
  • Criminal Check:
    • Minor Violations: Usually covers the last 7 years.
    • Felonies: Checks can cover a lifetime, but often are limited to 10 years.
  • Employment and Qualifications History: Verified throughout the candidate’s entire employment history.
  • Criminal Records Check: Usually covers the last 10 years.

Thus, the Wells Fargo background check process is carefully monitored to identify candidates with potential risks and offer positions to the most suitable ones.

Overview of Pre-Employment Checks at Wells Fargo

Conducting pre-employment checks (known as background checks) has become standard practice for major employers, particularly in the banking sector. According to an SHRM (Society for Human Resource Management) report, over 90% of companies conduct such checks to reduce risks and protect their assets.

Type of Check% of Companies Conducting Checks
Credit History60%
Criminal Check80%
Employment Verification70%
Education and Qualifications Check60%
Civil and Criminal Cases30%

What Does Wells Fargo Background Check Include

The Wells Fargo background check process is thorough and multi-step. It includes the following components:

Credit History Check

During the credit report analysis, attention is paid to the following aspects:

  • Overdue Payments: Especially if related to credit cards, mortgages, or car loans.
  • Bankruptcies and Collections: Bankruptcies from the last 7 years and current collections receive special attention.
  • Debts: Credit card or other loan debts.

This analysis helps identify potential financial risks of the candidate.

Criminal Check

The search for criminal offenses and cases is conducted in national, regional, and local databases. Special attention is paid to the following violations:

  • Fraud: Any financial sector fraud.
  • Theft: Especially if involving large sums or assets.
  • Violence and Threats of Violence: Such crimes can negatively impact the company’s reputation.

Employment and Qualifications Verification

The check includes:

  • Contacting Previous Employers: Verifying the information listed in the resume.
  • Feedback Analysis: Feedback from former colleagues and supervisors can be an important factor in assessing the candidate.
  • Qualification and Education Check: Cross-checking with educational institutions and professional organizations.

Background Check for Criminal Records

A critically important component of the Wells Fargo background check process.

The check includes:

  • Lawsuits: Both civil and criminal cases.
  • Financial Crimes: Theft, fraud, or other financial crimes.

What Wells Fargo Checks During the Process

Overall, Wells Fargo verifies the following key aspects:

  1. Financial Responsibility: Presence of debts, overdue payments, and bankruptcies.
  2. Professional Integrity: Accuracy of data in the resume and job application.
  3. Legal Reliability: Absence of criminal records and serious violations.

The checking process enables Wells Fargo to make informed decisions when hiring new employees.

Disqualification Criteria for Wells Fargo Employment Check

Wells Fargo adheres to strict standards when screening potential employees, especially those who will have access to customer financial data and assets. These standards aim to protect the interests of the bank and its customers from possible risks. Below are the key criteria that can lead to disqualification during the check.

Wells Fargo Background Check Disqualifying: What Can Lead to Rejection

Credit History Errors:

  • Overdue Payments: Especially if related to credit cards, mortgages, or car loans, and exceeding 90 days.
  • Loan Debts: Current credit card, loan, or borrowing debts.
  • Bankruptcies and Collections: Bankruptcies from the last 7 years and current collections can lead to disqualification.

Criminal Convictions and Their Impact on Decision-Making:

  • Financial Fraud: Any financial sector fraud, especially regarding banks or credit organizations.
  • Theft and Robbery: Theft involving large sums or assets.
  • Violence or Threat of Violence: Convictions for violent crimes or threats.

Incomplete or False Information Disclosure:

  • Incorrect Data in Resume: Misrepresentation of qualifications or work experience in the resume.
  • Concealing Convictions: Attempt to hide criminal past or financial problems.
  • Concealing Employment History: Hiding facts of dismissal or other negative events at previous workplaces.

How Long Does Wells Fargo Background Check Take

The Wells Fargo check procedure typically takes 3 to 10 business days. The duration depends on the complexity of the check and the type of position:

Standard Checks (3-5 Days):

Low-level vacancies that require only basic credit and criminal history checks.

Extended Checks (5-10 Days):

Mid and high-level positions requiring detailed verification of employment history and qualifications.

Particularly Complex Checks (10+ Days):

Top management positions or those with increased access to confidential information.

Other Factors Considered During the Check:

  • Criminal Record Check: Even minor violations can raise questions.
  • Social Media: Wells Fargo may consider candidates’ social media activity.
  • Recommendations and Reviews: Reviews are collected from previous employers and colleagues.

Understanding the disqualification criteria allows candidates to better prepare for this stage and eliminate possible credit history errors in advance.

Step-by-Step Guide to Fixing Errors in Your Credit Report

Credit report errors can become a significant obstacle to employment at Wells Fargo. The following guide will help you fix these errors yourself and prepare for the check.

Step 1. Gathering Information About Credit Reports

Obtaining a Free Copy of Your Credit Report:

  • Every U.S. citizen has the right to receive a free credit report from each credit bureau once a year.
  • Visit www.annualcreditreport.com to request reports from all three bureaus – Experian, Equifax, and TransUnion.
  • Check the report for errors, overdue payments, or incorrect data.
  • Verify your credit history with the main credit bureaus.

Step 2. Filing a Complaint with the Credit Bureau

Preparing Documents:

  • Obtain a copy of the disputed credit report and mark all errors.
  • Collect supporting documents such as bank statements, creditor letters, or employer certificates.

Writing a Letter with a Notice of Receipt:

  • The letter should be addressed to the credit bureau where the error was found.
  • Attach a copy of the credit report with highlighted errors and supporting documents.

Sample Letter:

[Your Name]

[Your Address]


[Credit Bureau Name]

[Credit Bureau Address]

Dear Sir/Madam,

I am writing to dispute the following information in my credit report. I found that the following entries are inaccurate or incomplete.

[List of Disputed Entries, Indicating Their Location in the Report]

Enclosed you will find a copy of the credit report highlighting the errors, as well as supporting documents confirming the accuracy of my data.

Please correct or remove this information in accordance with the Fair Credit Reporting Act.



Step 3. Sending the Letter by Certified Mail with a Return Receipt:

  • Send the letter by certified mail with a return receipt to have proof of sending.
  • Addresses of major credit bureaus:
    • Experian: P.O. Box 4500, Allen, TX 75013
    • Equifax: P.O. Box 740256, Atlanta, GA 30374-0256
    • TransUnion: P.O. Box 2000, Chester, PA 19016-2000

Step 4. Deadlines for Credit Bureau Error Correction

  • After receiving the complaint letter, the credit bureau must review and correct the errors within 30 days.
  • The bureau will contact creditors or other information sources to verify the facts.
  • You will receive an updated credit report and a notice of changes made.

Step 5. Filing a Complaint with the Consumer Financial Protection Bureau

  • If the credit bureau did not correct the error, you can file a complaint with the Consumer Financial Protection Bureau (CFPB).
  • Submit a complaint online at www.consumerfinance.gov/complaint or by calling 1-855-411-2372.

Step 6. Seeking Legal Assistance from RS Attorneys

If the error remains uncorrected, seek legal assistance from RS Attorneys:

  • Free consultation by phone or online.
  • We will prepare and file a lawsuit against the credit bureau or employer.
  • We will help restore your credit history and obtain compensation for damages.

Step-by-step instructions and timely correction of errors in the credit report will help successfully pass the Wells Fargo background check.

Why Contact RS Attorneys

Free Consultations:

  • We offer free consultations by phone or online to help you understand your situation.
  • Our lawyers will explain your rights and provide recommendations for further action.

No Payment for Services:

  • We do not charge for our services, as we receive compensation from the losing party.
  • You only pay fixed court fees (if applicable).

Experienced Lawyers:

  • Our specialists have extensive experience solving credit report error issues.
  • We know how to properly dispute incorrect data and achieve corrections.

High Success Rate:

  • We have successfully resolved over 95% of cases related to credit report errors.
  • We have helped dozens of clients pass the Wells Fargo background check and get hired.

Contact Us

Get in touch with RS Attorneys today to receive a free consultation and assistance in correcting errors in your credit report.