What is this nonsense I just heard about employers not wanting to hire you if you have a bad credit rating?
September 14th, 2008
| Tags: Bad Credit Rating, Nonsense
E asked:
If anyone else has heard of this and can elaborate more on whether or not it’s true, possible and if so, why this is done, please do. Thanks.
Steve
If anyone else has heard of this and can elaborate more on whether or not it’s true, possible and if so, why this is done, please do. Thanks.
Steve
It’s true. not all check your credit rating though. usually financial businesses like banks would do such a check.
Depends on the job. If you’re working in retail, it’s good to see how you manage your own money before you handle the companies money
It is true but I have a feeling with the way the economy has turned it will be done with soon enough. Credit effects your right to fair housing, your insurance prices, and your job eligibility. Not every employer looks at credit but bigger companies do. They feel that statistically, people with good credit are less likely to steal from the company. I think it is discrimination and should be illegal. I think they should only be able to look at your criminal record, not whether or not you have a good credit score.
People who do not pay their bills are not always good employees, and there is a chance of bill collectors calling them at work, which could be a disruption. Its another way of screening their applicants.
For some employers they use it to see if you are and employment thankfully ive never had an employer check mine mcdonalds wouldnt hire me based on my credit.
Even if you’re not likely to steal, someone who is careless with their own finances is likely to be careless with everything they do including their job.
People who take money and don’t pay it back are seen as dishonest and dishonest people make bad workers. Or so it seems.