great_and_mighty_adam_levine
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Some employers check credit and use that information as a factor in employment. Almost no employer uses it like a drug test 'anyone with crappy credit doesn't get a job', but it's a factor.
Some do not check at all.
So, your answer is a solid maybe. It depends on where you are applying, and how strong the other factors in your application are. |
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chazman1347
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It depends on the job. Anything to do with handling money would be a problem. Anything retail could be a concern. And any job that requires some confidentiality would be concerned. |
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Mistress
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Some jobs, especially money handling jobs like in a bank or bookkeeping jobs will take your credit history into consideration.
Most jobs don't, so you should be okay. |
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Sturm und Drang
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It definitely can. If the prospective employer actually does a credit check (some do and some don't), it's much more likely to lower your chances of getting employed. Employers generally see a person with poor credit as someone who may steal from the company to pay their bills or someone who isn't responsible (they buy things, but don't pay).
To be honest, I think having bad credit will affect the likelyhood of being able to rent an apartment more than getting a job. |
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amazingly intelligent
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Depending on the company, yes. If they are using credit as a basis for hiring, they will inform you in the application.
This makes ZERO sense to me too. Seems that a person with poor credit has more incentive to work! However, the companies don't see it that way. |
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Lola
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Your credit shouldn't have anything to do with employment, but it depends on the company. Some of them think there's a connection between somebody not being responsible enough to pay bills in full every month and not being responsible enough to show up for work every day. My daughter's bankruptcy affected her auto insurance premiums. So it all depends on where you are trying to find a job. You might want to call the personnel office of the companies you have been denied employment by and see if it had anything to do with your being rejected and ask them for advice on how to fix that for future potential employers. |
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imisidro
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If you have bad credit, there is the risk that a company will not hire you if part of that company's employment screening involves credit check. And unfortunately, the number of employers doing credit checks on potential applicants is growing -- even federal government routinely looks at the credit history of their applicants
Take for example the following articles on how bad credit can make it difficult to get a job
How bad credit can cost you a job http://moneycentral.msn.com/content/Banking/Yourcreditrating/P87306.asp
Applicants Cry Foul Over Employment Credit Checks http://www.insidecounsel.com/issues/insidecounsel/15_158/labor/13-1.html |
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shelcom
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It can, yes-especially if you work with money or people's accounts. You probably can't work for a bank, or the US government. |
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Dewey K
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Yes I have heard of it happening. If I were you and the job was one I was qualified for and really wanted, I would bring it up during the interview and ask. If they said they were going to check, then I would try my best to "sell myself" to them. Here is a website that may help you get your credit back on track.
http://www.1-800badcredit.com/credit-score.html
http://www.1-800BadCredit.com |
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Web G
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Bad credit can definitely impact a potential job, if they check your credit history. But not all jobs do that, so it would depend on the actual employer, and also what their policies are with respect to your credit and how much they value good credit as your overall evaluation... |
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Angelic Valentine
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The only way it would is if it was required to have good credit, and you will be notified upfront about this. This isn't very common though. Many people think that a lot of companies check your credit to determine hiring you or not, and that is just not so. They use your info for background checks and past employment, not for your credit score. That is absured and it doesn't prove anything unless you are buying from them or getting a loan from them through your employment. 99% of the time, your credit will not hurt you in any way as far as a job is concerned. |
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Adoptive Father
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As others have said ... Some employers feel that poor credit history shows that you are not responsible. In addition, poor credit history and huge debts may mean you are more likely to steal or embezzle from the company. I believe there is a law which says the US government will not hire an employee who is not in good standing on a US government guaranteed loan (for example a VA loan or a government guaranteed student loan).
In addition, employers do not want to deal with wage garnishment or subpoenas for wage and employment records which can come from bankruptcy and tax evasion cases. |
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Mybal Zitch
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There is a trend now to check your credit history during the employment process. They feel it says something about your responsibility. Many Law Enforcement agencies do this. |
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Miss Goodness
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Yes, it can be a factor in establishments like: Retail, Banking, Accounting and any positions in which confidentiality is a factor. However, the good thing is that over time the impact of credit will lesson as time passes. In the meantime, go to a local department of labor and/or use the services of a temporary agency in order to obtain employment for right now. Once you restart to pay down your debt regularly, you should have no problems. If you need help to get started, use Care One Credit Counseling Services. They helped me and are the best. However, make sure that you obtain disability and health insurance during this time. So that when you start working again, that if anything happens to place a dent in your plans, you will be able to "rally" back quickly.
Good Luck!!! |
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marriedgirl@19
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No bad credit has nothing to do with getting a job... sometimes it may depend on the job also... like think bad credit can link you into steeling money... now that may not be what you want to do but its how people safe proof there money... it doesnt make since... Now of course it is not an equal oppertunity employer as well!! |
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Hot Space
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No it actually can help. Managers love employees up to their neck in debt. Employees that really need their jobs usually work harder, and bend over backwards for their boss. Managers know this and take advantage of it. They don't want somebody that doesn't need the money and only works for something to do. You can't depend on employees like that. Those kind can quit their jobs at the drop of a hat. |
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Niksmom
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It absolutely shouldn't!!!! When you are employed with someone, your personal finances should be just that, PERSONAL, and it shouldn't be any of their business. |
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G'z 1st Due May 17th
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No It DOes Not.. i Have The Worse Credit In The World A Score Of 450 That Is Not Good.. But I Have A Really good Job As A Trust Operations Assistant At A 1031 Tax Exchange Company And I Am Only 23 Making 14.92 An Hour.. I Plan On Bettering My Career But For Now It Pays My Rent Car Note And Bills... So No It Does Not Hurt Your Chances Of Getting A Job.. But I Am Also Cleaning My Credit Up Just Recently Consolidated My Past Due Collections |
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DiRTy D
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Not at all.
How else are you going to pay that debt? |
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