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My friend is a total idiot with his money and ended up going bankrupt about a year and a half ago. He just quit his job and landed another one. The new job told him that he is supposed to start on Feb.5. But he got a letter in the mail saying that the new job checked his credit report and the bankruptcy showed. But the job hasn't contacted him saying that he can't work there, so he is planning on going in on Monday. Why do they check your credit history? And if it is so important, why do they not seem to care that he has horrible credit, or are they going to tell him not to come in?

2007-02-02 01:59:04 · 1 answers · asked by Anonymous in Business & Finance Credit

1 answers

Your credit history is a gauge of your ability to handle personal responsibility. Potential employers look at it to get a better idea of the type of person they would want working for them. Your freind's new employer probably does care about a bankruptcy although based on what you say it's unclear if that affected their job offer. Chances are that letter was more a courtesy letter informing him of the credit check and what it revealed, not necessarily that they are escinding the job offer.

2007-02-02 03:04:45 · answer #1 · answered by douglas l 5 · 1 0

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