In this day and age a lot of employers look at someones credit to see if they are responsible with their finances.
A credit report is like a report card when we were in school only instead of showing how good/bad we are doing in our studies it shows how good/bad we are doing in managing our debt.
Normally this only applies to jobs that require handling money of finance but more and more employers are making decisions on hiring and promotions based on this information.
Is it right? No but is it legal? Yes.
Just do this very best you can and prove to them that they made the right decision.
2007-09-22 04:41:39
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answer #1
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answered by ? 7
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More and more employers are using your credit file as an indication of your management skills and responsibility. You would have been better to explain to the HR person that your husband had left you in the lurch.
Despite what other posters have replied, reviewing your credit report and making decisions based on it, is not discrimination. It is perfectly legal.
Your credit score also affect the cost of your car insurance. Don't be surprised if it isn't used as a measure for other things.
2007-09-22 04:50:18
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answer #2
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answered by bdancer222 7
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OOoh, check your legal systems guys! A credit report CAN only be pulled LEGALLY for one of two reasons!
1)You personally want to review your credit report.
2) You have intent to do any sort of financial business with the company pulling it.
New rules under the new privacy act.
HOWEVER, other forms of background checks may be performed. Checking your name against the Patriot Act/Homeland Security ACt and so forth.
If you apply for a job, check to see what forms you are filling out and what background checks you are agreeing to. If there is one that wants to pull a credit report, DO NOT sign it and make sure to tell the interviewer that you DO NOT have ANY intent to do any financial business with that company. (Meaning you are not applying for any type of loan.) Any company that insists on this is breaking the law.
2007-09-22 06:46:44
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answer #3
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answered by Chief High Commander, UAN 5
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Hi,
Yes some employers attach lots of importance to credit score. Check out http://financeguru.consumerspot.info for some useful info and tips on the matter. Good luck!
2007-09-22 04:17:49
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answer #4
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answered by Anonymous
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Employers who want employees to handle money are wary of those who have low credit scores. It may indicate that the job applicant might not be trusted in such a job situation.
Go for it, and don't worry.
2007-09-22 08:25:07
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answer #5
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answered by Steveo 5
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I suppose it depends on what the job entails, but ordinarily they definitely can't deny you the job because of your credit history, that'd be discrimination. I mean really - what does that have to do with the tasks you'll be performing? I think you did fine taking the job but if you apply for a higher position and they say "your credit report says you'd make a lousy manager" then get an attorney.
2007-09-22 04:20:43
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answer #6
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answered by Donna Lee 3
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Some jobs will use a credit score as a way to determine your worth. For example, if you are handling a lot of cash and you have a lot of debt, you may be tempted to put a little in your pocket to appease your debtors.
2007-09-22 04:19:35
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answer #7
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answered by Ham B 4
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what type of job is it? the only positions that should be conditioned on your credit would be money handling jobs like banking or book keeping. Any other job, its really none of their business
2007-09-22 04:17:29
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answer #8
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answered by twosey ♥ 5
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