Why are employers discriminating against people with low credit scores on their credit reports?
Posted in Personal Finance on 10/23/2008 01:27 am by admin
tina4545 asked:
I mean come on they will not hire you because of your credit report but how can you pay off the debt with no job?
ANDREW
I mean come on they will not hire you because of your credit report but how can you pay off the debt with no job?
ANDREW
10/23/2008 at 7:25 am
I completely agree with you! I have a degree but a low credit score and I have been looking for a job with my degree since August!! If you get any good answers could you please let me know? thanks
10/25/2008 at 3:00 am
It may not be fair to you but credit scores are a good way to judge risk in all aspects, renting, buying a home, and even employment. Employers look at someone with a good score and think they are more likely to be dependable, punctual, and hardworking because they have been able to maintain their finances long enough to have a good score. They look at people with low scores as being a higher risk to hire because hey may not be dependable if they can’t pay bills on time. It doesn’t seem fair and may not always be accurate but it usually is a good judge.
10/28/2008 at 10:53 am
If you are sloppy about managing your private life, how can they believe that you will be responsible at work?
Your debts are not the employer’s problem. The fact that you seem too have run up a lot of debts with no job proves my point.
10/28/2008 at 3:12 pm
Yeah, did you know your car insurance is based on your credit too? That ***** too!!