No job and your credit score suffers, your credit score suffers and no job for you.

I think pulling an applicant’s credit score is just plain crap.  What….people with good credit don’t steal?  In today’s atmosphere where companies are going broke left and right, I think the applicant has more to worry about than the company does.

In the murky waters of the labor pool, a toothy surprise is waiting for unemployed Floridians who’ve fallen behind on their bills.

It bit Tommy Powers when he applied for a job at a motorcycle dealer this fall. Powers, who was laid off in April 2008, had just graduated from mechanic’s school and figured he had a shot at getting back into the workforce.

But the dealer checked his credit history, and the job prospect vanished.

“They said I needed better credit,” said Powers, 54, of Orlando. “I’ve been laid off so long, mine’s not as good as it used to be.”

Employment experts say companies of all kinds are increasingly reviewing the credit histories of job candidates before making a decision about whom to hire. The idea, disputed by many labor advocates, is that credit history serves as a barometer for how dependable someone might be – or how tempted they might be to dip into the till.

REST OF ARTICLE

Thanks to Skyagunsta for the link.

This entry was posted in Politics. Bookmark the permalink.

4 Responses to No job and your credit score suffers, your credit score suffers and no job for you.

  1. Wizcon says:

    Clients run background checks on me frequently. I have to give permission for this. If they want my credit checked I refuse. I do not see the need for it.
    I know at least 2 former clients have sold my name and contact info to lenders and insurance companies. I do not need more junk and spam.

    Sage Reply:

    I had one employer want my medical records. I was a temp hire and when they wanted to hire me full time I refused to give them my medical records permission and quit.

  2. timesr says:

    I wonder what Bernie Madoff’s credit score was.

    Sage Reply:

    He came to mind for me, too. I’d like to know.

Comments are closed.