 USA in deep debt........? |
| Have you any idea how deep in debt our nation is ??? What would happen if those to whom we owe money all of a sudden want to be paid ???? And what if no one would lend money anymore to this ... |
|
 Could I build my credit history this way (see details)? |
| Apply for a credit card with 1 year 0% Introductory APR. When the intro APR runs out, apply for another card with the same 0%introductory APR for another year and repeat. This way, I pay no ... |
|
 LOST in credit card debt :( help anyone!!!? |
| I am just keeping my head above water here... 30,000 in debt credit cards ... I dont know what to do.... |
|
 Is it true that if you ignore a bill for 7 years it will go away? |
| My fiance said that after 7 years of lack of action a bill goes away. I was wondering if that was true.... |
|
 Do you think we will be approved for out Mortage? |
Me and wife haev combined income around 110k a year. We have some credit card debt (nothing to horrible) and 1 car payment around 300/month. My credit score is 700 hers is 620.
We are ... |
|
 Is it smart to pay off student loans with a credit card? |
| lets assume i can find a way to have my credit card pay for my direct loans. credit card is 0% apr for 12 months and loans is 3.5% fixed. Assuming i can pay off everything in 12 months, should i do ... |
|
 Can paying off old delinquent and charged off accounts improve my credit? |
| I am trying to repair my credit. I have a lot of delinquent and charged off accounts. Will my credit still improve even though they have already been charged off?... |
|
 How do I build/repair my credit score? |
| I have very limited credit history. I started this January. I read that I have to get a few credit cards to build credit history. I have a secured card from Citibank which only has 200 credit limit. ... |
|
 Can my credit card used by another person ? |
Hi ..
I have a credit card, and I want to lend it to my sister. Can she use that credit card free ? I mean, normally I have to sign when I pay using the card, so is it OK if my sister use ... |
|
 Will i be found by debt collectors in other country? |
| Im moving a country for good, as my fiancee not from here.I dont know when i will get job in other country, but i have loan here and credit card.If i stop paid can they find me in other country.And ... |
|
 Do you think credit should be taught in junior high or highschool? |
| My parents did a great job raising me. They taught me so many things, but they failed in one area - teaching me ANYTHING about credit: how it works, how important it is, how to use it instead of ... |
|
 Can I pay my current credit card bill in advance so I'll be credited when my next bill comes.? |
| I just received my bill. I made a big purchase just after the current bill cycle ended so I don't see that purchase on there. I would like to pay extra on this current bill so I'll be ... |
|
 Credit card for bad credit.? |
| Im not sure how good/bad my credit is as im waiting for report, im fairly sure its quit bad though. What credit cards are the best for bad credit rating? Ive already been declined by capital one and ... |
|
 Can a 17 year old get a loan? |
with a cosigner with good credit?
or can my parents get a loan for 4 thousand and can it be transfered to me when i am 18?
i have 2 thousand already i have been saving ... |
|
 Do credit repair Co. really repair you credit by improving your credit score? |
| I was wondering if anyone who has been to these credit repair companies? If so, do they really repair your credit? Bye how much? How much did it cost? How long was the process? What's the ... |
|
|  |
rmdouglas27 | Why is is that employers now use your credit score to determine if they want to hire you? |
I ask this because for ten years I was in retail management. I had some credit card issues and now, with a low FICA score I cannot find a management job. How can ten years of experience be overridden by a few bad credit scores? |
 |
 
SPIFIMAN1
 |
I have been in management all of my professional career and I don't think it's the score they look at.
Credit reports are like report cards when we were in school only instead of reporting how good/bad we are doing in our studies they show how good/bad we are doing at managing our debts.
Someone who has charge offs, late pays, bankruptcy's, repossessions, foreclosures, tax liens, collections etc. does not show good management abilities. |
|
Mobile M
 |
To find out specifically what you must do to raise your score, you can order your score report from all three national credit bureaus. In addition to your score<!--you'll get your credit report, an indication of how your score ranks nationally and an explanation of how you can boost your standing.
http://badcredits.awardspace.com/creditscore.htm
In order to improve your credit score, it's important to know where you stand currently. Despite all the media attention given to free credit reports-->you still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs. |
|
mwyattjr
 |
So they can feel comfy about you handeling thier money. If you have good credit then they belive you wont steal the money. |
|
Dr. Deth
|
they might think you have money problems and might steal from the company - I read that somewhere |
|
Torie
|
It gives them an idea as to how reliable or dependable you are. If you can't manage your own finances, how can you be entrusted to manage someone elses cash flow? |
|
jason
|
because it is a picture of how you manage your personal financial life. if you have given the impression, through credit decisions, that you do not manage your own finances so well why should they want you handling theirs.
there would be a potential that you might want to dip into the tills, sell sensitive company information and so on. |
|
hurricane197
 |
Can they do that? Wow, scary. Maybe to show whether or not you are a responsible person. If you have truly learned from your mistakes be honest and give examples of how you have changed. |
|
yojomo28
|
I am also in retail management. You are being viewed as a "risk" to these companies because of your finacial state. Clean up your credit ASAP! Keep looking though, it's retail, you will be able to find a job. Good Luck! |
|
Alterfemego
|
Well it is a reflection on your overall ability to manage - money! It's no different than having a degree, it shows a level of commitment and discipline. You've had 10 years to straighten out your credit issues, why didn't you? Maybe now you understand how important the whole person's life is to an employer. Maybe you could address your credit issues and when asked explain what you are doing to correct the mistakes. At least you are trying to take care of business. |
|
Kathleen M
|
I know how you feel. I now have a poor credit score from my past marriage. (ex was bad with credit) and places will not hire me because of this. What a bunch of bull****. This has nothing to do with my work ethic or ability. I think this is a ridiculous way to weed out potential employees.
Drug screening I understand, but credit checks for jobs? Absurd! And people on welfare don't get a drug screen or credit check to receive that welfare check what gives? |
|
Kristin Sofia
|
I think they feel that your credit score can also be seen as a scale of your ability to manage money responsibly. However, it is a damn shame that money issues from years ago can come back to haunt you in that way. |
|
Rev Run
|
Because we are turning into a police state |
|
gnarlyswine
|
1.It indicates poor financial control and forward planning - not good for a manager.
2.It is a security risk in some industries where due to financial position you could potentially be bribed or sell information/ cook the books etc. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 3 minutes(s) ago
| | | |
13 | 42 minutes(s) ago
| | | |
13 | 53 minutes(s) ago
| | | |
13 | 1 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
12 | 11 hour(s) ago
| | | |
13 | 1 day(s) ago
| | | |
12 | 6 day(s) ago
| | | |
13 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
