Emplyoment based on Credit Rating?

Question

If someone was to apply for employment . Does the Employer base his/her decision on your Credit History/Score? Does this happen, and if so, is it Legal?

The Job would have nothing to do with Financing. Employment in Upper Management/Executive positions.

Answer 1

I work in Human Resources. If you are denied employment based in part on your credit rating, the law says the Company must advise you and you have a right to request a copy of the credit report. (This is not true for some other reports). Anyway, most companies would not use this as a criteria unless you are going to be working unsupervised, or with money or cash or if you work in finance or accounting, or if you need to be bonded. Good luck, you should have no problems in most cases.

Answer 2

Banks and financial institutions check prospective employees' credit ratings all the time. If a prospective employee is considered to be a possible credit abuser or a credit risk, these institutions have the right not to hire them on that basis alone. Financial institutions have found that people who abuse credit are more likely to embezzle from the company, once they learn how the system works. If you work for a financial institution and you know what you're doing, you can set up all kinds of dummy accounts to steal money from them. Some Federal and state jobs also check your credit rating for the same reason, but also as an integrity check. They figure if you don't have the integrity to honor your debts, you don't have the integrity to work for them.

Answer 3

Yes, this does happen, and yes it is legal. Some places where it might apply would be any sort of financial institution or if you were to apply for any type of accounting position. Some companies may also link credit scores to how responsible a person. Do you know that auto insurance companies may also assign higher premiums if your credit scores are bad (or may even refuse to insure you)?

Answer 4

In some fields of work yes an employer would do a credit check. If you have a bad track record they maynot want you to handle there or there peoples money....

Answer 5

It is legal and YES it is happening more and more frequently. There are a few positions, such as those in the securities field (stocks and investments) where it is required, as the NASD requires firms that employ brokers to check.

You can refuse to let them check it, but don't be surprised if that means you don't get a job offer.

Answer 6

The logic doesn't follow. The only reason to check on such matters is if the person is so indebted and in need of funds he might steal cash from the company.

It could happen but credit reports are a matter of public record so its not illegal to check.

Answer 7

The M-16 A2 or A4. that is alittle more effective cumbersome and about 10 inches longer than the M4, notwithstanding more effective splendid. The A4 may have attachments like a scope or gentle or take care of(we prevalent as them broomsticks yet Im now no longer convinced what they're rather referred to as). They shoot a mild-weight round on a thanks to both critically wound or kill with any shot to the actual or torso. there is little or no balk, the safe practices and mag liberate are effortlessly placed and in my opinion i trust its an rather comfy weapon to shoot. I maximum effective shot an AK 40 seven once and it has alot more effective balk, the mag liberate and safeguard lever are not any more as elementary and it least puzzling shoots thoroughly about one hundred yards, compared to 600 or seven-hundred once you're outstanding with an M-16. On an aspect note the bolt continues to be to the rear even as you position a round in the chamber so the shot firing isn't so classy on the cleanliness of the chamber and firing pin because it has the total momentum of the bolt flying ahead to get the round off. This contrasts with the M16 in that the bolt continues to be ahead and in the journey that your weapon is dirty the rounds can get hung up and the firing pin ought to no longer hit puzzling sufficient. i have also shot an MP40 which replaced into relaxing yet now no longer sensible except you're head to head mutually with your enemy. It has no kind provided that it shoots pistol rounds, notwithstanding relaxing ingredient is ordinarily a 10 specifically once you've one which is going complete vehicle. in case you want accuracy, and ease of use an M16 a4 is the right thanks to pass. in case you want to have the best purchase good about an M16 notwithstanding smaller and bigger light-weight on the fee of somewhat of accuracy an M4. no longer some thing beats the layout on the decrease receiver artwork force of that type of weapon. I shot an M4 on the kind once and at 500 yards I nevertheless hit black on all 10 images notwithstanding that you need to maximum probable see the rounds do no longer truly pass as instantly because the longer barrel on an M16, notwithstanding how frequently are you going to shoot at some ingredient from 500 yards or extra?

Answer 8

If you are concerned about your credit, call all three agencies and ask them how to stop anybody from looking at your information. If they do not see it they can not turn you down based on something they can not see. It is not legal for them to look at something they do not have permission to look at unless you give it to them or it is viewable for public record.

Answer 9

Not legal unless you give agreement for them to check your credit rating. If they do it without permission, they can be charged for invasion of privacy.

Answer 10

If you work in finance, yes. They check your history to make sure you are responsible and not desperate to try to steal.