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2006-07-20 08:33:29 · 21 answers · asked by puro party 1 in Business & Finance Credit

21 answers

Some employers run a credit report on applicants because they think it shows a maturity level if you pay on time. If you are having major financial issues, they will think twice if your application has anything to do with cash handling at the job. Also, I wouldn't be surprised if the employer has an insurance company that says people with poor credit are poor risks in general. It might not be fair, but a lot that goes on in the hiring and selection process isn't really fair.

2006-07-20 08:38:49 · answer #1 · answered by Anonymous · 0 0

Actually, yes you can. It seems like discrimination and I would check into it, but I know for certain that you can be turned down for a job if you have bad credit. My husband is the operations manager of recruiting services for the Air Force and bad credit will keep someone from being able to enlist and also can be grounds for discharge.

2006-07-20 08:37:20 · answer #2 · answered by Lani 2 · 0 0

Yes you can. Many government jobs require security clearances. Part of the security clearance process is a credit check. If you have bad credit, someone may use it as leverage to get you to disclose classified info, for example, offer you money, offer to pay off outstanding debts, etc in exchange for info. If you have bad credit, it may prevent you from getting a clearance that you need to get a gov. job or a job with a company that is contracted by the government.

2006-07-20 08:42:05 · answer #3 · answered by john s 1 · 0 0

Yes you can. Alot of times people have bad credit because they have a low paying job so I can't understand why an employer would be prejudice about that but that's the way it is. Unless of course you are applying for a job that entails you working with money.

2006-07-20 08:38:22 · answer #4 · answered by Bogie Boy 3 · 0 0

The undesirable information is that categorical, you are going to be rejected for spotty credit. For some jobs (government, finance, top administration) this has been the case for an prolonged time. it particularly is in simple terms at the instant that it has substitute into greater worry-loose in different sectors. the best information is that in case you reside in a close-by that has been hit stressful via the unfavorable financial equipment, maximum anybody else utilising for the activity will probable have a in addition blemished credit status.

2016-11-02 10:20:01 · answer #5 · answered by Anonymous · 0 0

Yes you can. It is legal for your company to turn you down based on your credit if the position is directly related to a risk involving poor credit, ex - job duties that involve financial responsibility and you show that you don't have any due to poor credit history.

2006-07-20 08:38:15 · answer #6 · answered by momofapcb 1 · 0 0

most definitely yes. particularly if the job you are applying for has anything to do with money management. Bad credit is a symbol of inability to manage funds. It also makes you more suspicious in the eyes of employers who have had employees steal from them. If you can't manage your own life, what makes you think you can manage your employer's business?

2006-07-20 08:39:49 · answer #7 · answered by Carlos C 3 · 0 0

Absolutely yes you can. Me and my x have both had jobs were a credit check was part of the process.

2006-07-20 08:36:42 · answer #8 · answered by position28 4 · 0 0

It's possible.

More and more employers are doing credit checks, especially if the job deals with funds.

2006-07-20 08:35:12 · answer #9 · answered by zippythejessi 7 · 0 0

Of course not. The fact that you have bad credit is not supposed to be known by your prospective employer because it has nothing to do with your efficiency and competence as an employee.

2006-07-20 08:41:06 · answer #10 · answered by Belen 5 · 0 0

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