Wednesday, October 30, 2013

What information is provided when a finance company calls for Proof of Employment? and Michigan Senate Finance Committee Hearing Photo by Michigan Municipal League

What information is provided when a finance company calls for Proof of Employment?



When a finance company, say a car dealership or realtor calls your place of business for proof of your employment, what information are they legally allowed to give. What can they not give? I typically google this stuff myself but nothing I find matches my question exactly. Thanks in advance!


Finance best answer:

Answer by Bostonian In MO
They typically verify your employment dates and salary. For the most part there are no restrictions on what they reveal, as long as it's factual.


Finance

Michigan Senate Finance Committee Hearing Photo by Michigan Municipal League
Finance

Image by Michigan Municipal League (MML)
Mayor Abdul Haidous of the city of Wayne and Sterling Heights Mayor Richard Notte were in Lansing on Thursday, with Michigan Municipal League staffer Andy Schor, to testify at the Senate Finance Committee's first hearing on SB 34, which would eliminate the personal property tax. Read the Feb. 3rd Action Alert (http://www.mml.org/advocacy/alerts_advisories/2011_02_4_action.html) which explains the League's position on the bill, and the steps local leaders are taking to make sure committee members understand the devastating impact this would have on local public services should it be enacted without a replacement for the revenues to local communities. For more about the League and what we do go to mml.org.



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