2007-10-18 15:13:03 · 4 answers · asked by trust me 2 in Business & Finance ➔ Credit
I have never had a bankruptcy but my score is low. Mistakes from the past.
2007-10-18 15:33:13 · update #1
Because you are being asked to work in the capacity of a trusted advisor when it comes to a very large purchase someone is going to make that will greatly impact their finances. If you can't be responsible with your own money, how can you help others make a reasonable purchase with their own. Same principal that requires lawyers to have somone vouch for them as being "of sound moral judgement"
2007-10-18 15:30:54 · answer #1 · answered by Vadalia 4 · 0⤊ 0⤋
For two reasons. One, as somebody else has already pointed out, because in order to advise others, you need to be a responsible person, especially with money, and your finances are an indication of that. And two, it is assumed that a person whose financial situation is bad is more likely to commit , or to be blackmailed into committing, crimes, especially the kind of crime where there is a financial gain.
2007-10-19 15:01:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends on how bad your credit is. They run a background check on you with bankruptcies would show up. You also must be fingerprinted.
2007-10-18 22:17:54 · answer #3 · answered by Armando of www.thehomeflips.com 1 · 0⤊ 0⤋
Just one of the many professions that require a decent credit history.
2007-10-18 23:27:26 · answer #4 · answered by bdancer222 7 · 0⤊ 0⤋