credit history & employment

[inkjunkie]

i have seen several articles about people not getting hired or getting fired because of there credit history. i am not a businessman and will openly admit to being "uneducated" in alot of different things, and i guess this is one of them:read2:. but can someone please explain to me what the hell your credit score has to do with what kind of employee you are going to be, especially with the way things are now a days....

 

[gts340]

I think if you have a poor credit score, they feel you might steal from them in some way, or are more likely to steal from them. Also, the way you manage your finances might have some effect on how you manage other tasks.


I'm not saying I agree with this, but that's my take on it.

 

[grumpuscreature]

Has about as much to do with employability as it does with how safe a driver you are. It's all about being a good sheep and following the herd. :thebirdm: :bootysha:

 

[mopar head]

some, figure that this reflects your personality, and judge you accordingly. I guess we all should check our score, incase of idenity theft etc. Even if you had a bad past and cleaned up your act, this will stay with you until you fight to clean it off your record. it vacumes

 

[340 Dart]

Being the victim of a psychotic ex-wife who wouldn't pay her half of the bills after the divorce, I will NEVER take an applicants credit score into consideration. Way too many variables.
I would have to be pretty hungry to work at a place that wanted to run one on me, unless I needed a clearance or something.

 

[pastortom1]

It's just another way the lower "classes" are oppressed and robbed by the status quo.....it shouldn't be allowed.....remember the polygraphs years ago? Employers jumped on that bandwagon until the populace raised hades......

The same applies with car insurance......THAT really frosts me no end......someone down on their luck or educational skills gets penalized continually (with higher insurance rates) for NOT playing the credit score game, or for a bankruptcy or foreclosure, or just a few late credit card payments..........really stinks..........

.....but when did the government give a rip about the little guys anyway?

Give me a few minutes to think on this one..........:read2:

 

[demon seed]

Up here that kind of discrimination is frowned upon as a matter of fact it is illegal. Perspective employers or employers can't get that kind of financial info. from the banks or credit companies without a signed document from me. I remember about 5 years ago I was taking nuclear workers training in the US, to be able to work at a reactor in Ohio, when the company that was doing our security checks phoned me in class and whined that they couldn't get any financial info about me from the bank I use here in Canada. They wanted to see if I was a risk for being blackmailed or bribed so I told them that it was illegal for them to ask for that kind of information and they could go screw themselves.:thebirdm:

 

[RedFish]

It was just a few years ago when auto insurance companies were also given the right to access your credit score and use that information to calculate risk. "Slow pay" will statisticly suggest drug and/or alcohol abuse.
No its not fairplay its just life.

 

[dartcuda]

I have to agree...What does my credit report really say about me..Who cares, i know I don't...But yet many do...May be why I can't find a job yet..Why don't they just talk to people who really know the true us.

 

[deman360]

Yeah a company will hire the good employee that is quiet and non discript, nice guy, Great Credit, drives anything but a mopar is great until someone overlooks them for a promation or piss them off in some way and they come to work one day and AKs his fellow workers.

 

[dusted72]

It is about being responsible, or at least that is why they used to do it. Things have changed with the economy and even the most responsible of people are having troble and their credit scores reflects that. They figure if you are responsible enough to pay your bills on time and take pride in keeping your score up then you will take the same pride in your work. I know my job if you have bad credit then you cant even apply, but their reason is that you have to get a Military credit card for use when you travel at the Governments expense. But the Army is completely different from all other types of business.

 

[tedsweet]

and i bet u didnt get that job

Up here that kind of discrimination is frowned upon as a matter of fact it is illegal. Perspective employers or employers can't get that kind of financial info. from the banks or credit companies without a signed document from me. I remember about 5 years ago I was taking nuclear workers training in the US, to be able to work at a reactor in Ohio, when the company that was doing our security checks phoned me in class and whined that they couldn't get any financial info about me from the bank I use here in Canada. They wanted to see if I was a risk for being blackmailed or bribed so I told them that it was illegal for them to ask for that kind of information and they could go screw themselves.:thebirdm:

 

[64dart170]

Great credit score all my life. Lost my job in 08 (Still looking)
Bankrupt in June 09 due to loss of income.
Still making on time house payments (for now)
You can buy credit cards pre pay with cash to use traveling (or debit card now)

Where does that leave me?
CASH ONLY now and for the rest of my life!
Making steady payment on a home mortgage that's reported regularly.
No other bills or car payments. (Wont ever again!)
Ever sense the bankruptsy in 6/09, 90 days later I get 2 credit card (platinum) offers a week, pre approved, just call to activate!
I have no clue or concern anymore with my credit score.
It does not effectivly guage a persons level of resposibility anymore, not in 2010!
I may however know why I have not received any 2nd interviews in 17 months!:angry7:

 

[cdawglean]

I know in the Air Force they check your credit to give you a security clearance. They want to know if your behind in your bills or owe a lot of money before they give you access to sensitive/classified information. If you don't owe money to people you are less likely to be tempted to sell said information. Not sure why other businesses do it but they might loosly be along the same line with business secrets and stuff.

 

[GTGrinly]

I too had a psyco for an x-wife who left me holding the bag so to speak. Had my pocket picked in Sacramento, they caught the guy in a drug raid and locked him up for 5 years. When they released him he got utilities and phone with my SS# and of course never paid. I've had my debit card info taken and used 4 times now, I viamently refuse to take a piss test for a job....now we know why I'm self employed.

 

[abodyjoe]

If your behind on bills they say your more likely to steel from the company weather it's ideas or equipment and sell it off. Your more easily bought in their minds. I would think if your report came back bad that some companies would ask you a few more questions especially in this economy to see if your a legit canidate for the job.

 

[1967DartGT]

I dunno, maybe I'm being a little consperatorial, but it seems like a way to get around anti-discrimination laws in order to avoid hiring minorities.

 

[MoparMuscleGuy]

Life sometimes is very unfair. People are often dealt hard blows due to illness or just a bad economy. If you are sick or unemployed due to no fault of your own, this should not be held against you. There're priorities in life. If I got laid off I'm going to feed my family before I pay a credit card. What rational human being would fault you for that, but yet it happens. To anyone out there who's unemployed right now, I truely feel for you. God bless you and your family.

 

[rumblefish360]

OK, I didn't read it all, but, in the case of some companies, a poor credit score reflects in there eyes the inabilty to manage money. So some jobs that are money sensitive, like payroll, handling money directly like a railroad conductor, well, it has it's implications.

Though I really fail to see how it truly would effect you doing your job.

 

[64dart170]

Other side of coin......
The poor saps with the money problems could be there for their hopeless honesty.
By that measure then too, the greedy rich Ba----ds making these stupid observations and decisions are usually the first ones to steal from the company and sell stuff to keep their payments up to date! This guy is the one who can afford the coke too!
The poor honest guy wouldn't do something like that!:cheers:


CASH ONLY FOREVER, CREDIT NEVER!!!!8)

 

[Gryzynx]

After watching the debacle of two major American auto manufacturers and several financial institutions not to mention entire nations slide into bankruptcy, it's pretty incredible that anybody should be subjected to a credit check as a term of employment. Google famous bankruptcies and look at some of the names that turn up.

Shame on you corporate America!

 

[SpeedThrills]

Here's another point to consider:
I'm 50, and all my life played the credit score game.
I no longer do that. My wife and I don't borrow for anything. (Including credit cards.) If we don't have the money, we don't buy it. The last loan we had was a mortgage, and that has been paid off for two years.
When we had loans, we paid them perfectly (we were fortunate), and, as a result, had a great credit score.
I haven't checked our credit score lately, but I've heard that living as we do (not borrowing), gives you a lower score. What's up with that? Having a great credit score only proves that you have bought into the belief that you must borrow money, instead of saving your own. Bull.

I've never researched that credit check to-get-a-job, or insurance, etc. It seems to me to be completely unconstitutional. Not that our politicians are worried about that silly document, anymore. I don't care if it seems to make sense that I'm a better/worse employee or ins. customer, or whatever. NONE OF YOUR BUSINESS!

"When you give up your freedom for security, you deserve neither, freedom or security". -Ben Franklin, I believe. This country was founded because the people wanted to be left alone. What is happening to that desire?

 

[64dart170]

After watching the debacle of two major American auto manufacturers and several financial institutions not to mention entire nations slide into bankruptcy, it's pretty incredible that anybody should be subjected to a credit check as a term of employment. Google famous bankruptcies and look at some of the names that turn up.

Shame on you corporate America!

X10 !8)
And now we all know why I am becomming self employed!
Age 50ish = OVERQUALIFIED (Really means corporate "GB" would rather hire a young person and deal with spotty attendance. It's much cheaper than putting someone 50 on our healthcare roster! Besides, everytime there's a hangover & the pup doesn't come in, we save his pay that day too! That old guy would never take off!!)8)
And now they want to hold a bankruptcy aganst ya for a new job!
That's OK after 17 months of not working for some dipstick, I wouldn't want to work for the morons at corporate anymore! You can find my stuff pooring into Ebay right now for sale!!

 

[alsdemon]

they are whatching you/ i got 10 or 11 job app. in dec. 09 2pages of work and ref/ and 4 pages of release forms for drug test ,credit reports , sign off so you can,t hold them responable so you dont sue them if they unfairly fire u. then they can pass them out to anyone they want and black list you. thats why i went to work for my friends shop/ he know me and we think the same /like lots of you my wife sucks with money and i,m always behide. my bankrupsy is not final yet and i got c cards coming in the mail. i would have to think they monitor any thing i vist on line. i had no credit for along time cash only no bank acc. no payments of any kind. and after 12 years of being a good empolye my work took from me and used me like a dog. for now i will work under the table till we build the business were i can paid the right way. i work on cars so they who ever don,t need to know everthing in my life or what i do after i put my 9 or 10 hour a day making a living as u see i got a bad feelings abount this sorry abount the rant.

 

[MVRCorp]

I think if you have a poor credit score, they feel you might steal from them in some way, or are more likely to steal from them. Also, the way you manage your finances might have some effect on how you manage other tasks.


I'm not saying I agree with this, but that's my take on it.

Got that right. My son (an ex Marine, not that's there's such a thing) married a lady (with an autistic son) and together they had some serious money problems. He was told many times that they (whoever) couldn't hire him because of his credit history. He was even told by Advance Auto Parts that they wouldn't hire him cause he might steal from them. Keep in mind he has NO police record what so ever.

Isn't America great?