 Should I pay off my cars, or invest in something else? |
| I am in a position to pay off my car and my wife's car, for a total of $42k. That would still leave us with some savings, and a 6 month "emergency fund". We plan on buying a house in ... |
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 Help! Drowning in payday loans.? |
| I need serious help! I have about $2500 in payday loans out and can't keep up the interest payments. It started out as one payday loan, then another to pay that one, and so on. No one wants ... |
|
 Pay off debt vs. Save for a house? |
| I don't know what I should do should I be saving for a house or pay off debt, it's just a little too hard to do both at the same time.... |
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 I have medical bill $20,000.00 and need help, where can I get some help? |
| I don't need any negative suggests such "get a job,etc" I only consider positive and helpful ... |
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| Rich and don't know what to do with my money? |
| I am 18 years old and I am expected to make over a million dollars this year. I have savings accounts, but I don't know what else to do with my money to guarantee that i don't have to work ... |
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 Loan for 19yr old in army? |
| 19yr old in army three and half yrs no dependants but no credit rating wants his own car bought three second hand ones but wants ... |
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 Bankruptcy-why's it so easy?? |
Additional Details
I have people in the bankruptcy business and if you have no collateral your given 1year. if your own house its taken from that or business again as before.we've ... |
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 Are you a saver, or a spender... and why? |
And why do you save, or spend?
I've always been a saver, nearly got enough to buy my house (I'm 20) and another 2 years and that's me!! can't wait. Really hope you can answer ... |
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 Are there any millionaires in here? |
Has the money made you happier?
What advantages has the money bought you?
How did you earn the money and was it worth all the hard work?... |
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 If you go to a bank to cash a check will the cash it if? |
| you have an overdraft? I have the overdraft protection thing, but i owe the bank...unfortuantly i stopped working and the last check i had was for rent...so i couldn't pay the bank what i owed ... |
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 What is the best plan of action after graduating from college and not moving back home? |
| I'm graduating in December from my B.S. in psychology. I have a good amount of work experience. I have around 3000-4000 bucks saved. I sold my car since I go to school in downtown Chicago. I ... |
|
 I need to make money! How? |
| I am going on vacation and i need money. How do i get it?... |
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 What's the quickest way to get out of debt? |
| I have a good handle on my credit and a good score at 750 but I have almost 7K on a credit card at 7% interest (fixed) that I would love to get rid of and put that money towards paying my car off (... |
|
 Can someone explain why a home is an investment? |
| And in general, how much can a buyer afford to pay for a house?... |
|
 Collection Agencies must stop pestering people after 7 years, right? |
| please point me to the law regarding this (in California), thank you.... |
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michellekuepfer | Can an employer fire you for bad credit? |
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Dr. Hill Arius
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Unfortunately, most states don't even require a reason for firing an employee. If someone in a management position there does not like you for whatever reason, they may have decided to use this as a way to fight having to pay your unemployment should you choose to file. |
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vbslinger
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It depends on the nature of the job and whether all people in your position are treated the same. Many companies review credit before hiring and some do review after. As long as they can show that the bad credit affects your ability to do the job, they can pursue termination. For example, if you're a private banker and handle lots of money, if you are on the edge of bankruptcy, your employer could assert that your troubled financial situation puts you at risk of stealing other people's money. |
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Loren S
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IF YOUR CREDITORS ARE CALLING WORK OR GARNISHEEING YOUR WAGES MOST EMPLOYERS WON'T PUT UP WITH THAT SINCE IT COSTS THEM MONEY. |
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juicy_wishun
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Sometimes, yes. Especially if they mention that is their policy in your contract or some official notice well beforehand.
For certain feilds, particularly government contracts or the like which require a security clearance, a sudden downturn in credit rating is an automatic, no-questions-asked grouds for firing. |
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bdancer222
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Yes, depending on the position. Sometimes bonding or insurance or licensing requirements might specify credit scores have to be above a certain level. Or it could even be company policy.
Might keep you from getting promotions even if they don't fire you. |
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karamell08
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Yup...legally, especially if you work for a financial institution of any sort. |
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Jewels
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Depends on the Employer's policies. Does it state it in employee handbook? If it doesn't then they should not be able to. At the old bank I used to work at they would pull credit in order to determine whether to hire someone. One of the girls that worked there later on ended up filing bankruptcy and also had included on there one of the bank's loans. She was concerned about her job and called personnel about it and they said it would not effect her job. Let me just note that she was not a great employee either. |
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always an opinion
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If you are an at-will employee (not contracted) then yes. They can fire you for any reason or no reason at all. |
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stopccdebt
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Yes, especially if you are in a job that requires financial transactions or security clearance.
In fact, many states allow an employer to fire you for ANY reason. |
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mister ed
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yes!!! |
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Ask M
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I don't think Employers have a right to know about your
credit, your report doesn't give an explanation on how
you got there and shouldn't be considered, nor does
it pertain to your work ethics. |
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ashley r
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If you are working in a financial facility they can certainly not hire you because of your bad credit. If your credit has declined since getting the job they wouldn't run annual credit checks so if you already have the job your probably safe. |
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carly sue
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Usually not unless it was in a contract signed by you upon being hired or unless the company policy states such a thing |
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