im cemap qualified and am looking for mortgage advisor jobs but my credit score is a bit on the downside. will this effect me applying for mortgage positions?
2007-06-19 06:43:49 · 5 answers · asked by enter_selecta69 1 in Business & Finance ➔ Personal Finance
it could. You score can show employers what your spending habits are and how well you handle bills. A higher score could indicate a sense of responsibility, whereas a low score shows dereliction of responsibility. This way, an employer can have a sense of your character and can determine whether you would be a good fit in their employ.
2007-06-19 06:49:53 · answer #1 · answered by Paul W 1 · 1⤊ 0⤋
I agree with you. I don't think it is a very fair practice. However, I think that some people use a credit score to determine your "responsibility". Perhaps certain employers believe that if you handle your finances well, you'll do a good job for them. Then, there is the other angle. If you have horrible credit, some employers might believe that you are more likely to steal from them. Of course, if you can't get a job to help pay your bills, it's not going to make your credit any better. So, I don't fully understand this practice.
2016-05-19 21:53:35 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Some employers are looking at credit scores before hiring.... not just mortgage positions.... all types of jobs. Bad credit scores reflect the type of person you are and your ability to be held responsible for your debts/actions. Bad credit also can imply poor management skills, if you can't manage your personal finances how will you be able to manage task at work.
I know life throws us lemons sometimes that can get us all messed up.... but in reality those are some of the ways an employer may look at credit.
Not trying to "bash" on you or anything... just truth.
Employers don't personally know you or your situations. All they see is whats on paper.
Good luck.... with everything!
2007-06-19 06:55:52 · answer #3 · answered by JessyAnne 2 · 0⤊ 0⤋
Hiya, I am CeFA qualified, unfortunatley you are almost always credit checked if going to work for bank or other finance company. I think what they are on the look out for are defaults and CCJs, a few too many searches on file and a couple of late payments shouldn't make too much difference as long as you can justify them. Good luck
2007-06-19 07:05:25 · answer #4 · answered by vera-ann 2 · 0⤊ 0⤋
I have been told that if you have County Court Judments against you, it is unlikely that you will be empolyed, But what have you to lose in applying?
2007-06-19 06:53:21 · answer #5 · answered by Scouse 7 · 0⤊ 0⤋