Why is the Credit Score look at when applying for a job?
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I understand on how important the credit score is when applying for an unsecured loan, a home, financing a car or trying to get a credit card but why is it a factor for job consideration? So any Human Resource people and/or Hiring Managers care to respond and explain why a person's credit score even comes into play?
Why is the Credit Score look at when applying for a job?There is a positive correlation between one's credit score and how responsible they are. The idea is that people with higher credit scores are a little more likely to show up for work on time, focus on their jobs, etc. And you see, maintaining good credit requires timeliness of paying bills and focusing on keeping track of all your bills.
Why is the Credit Score look at when applying for a job?I think that this is a personal judgment call. So if a person falls below the company's minimum score then that person wouldn't get hire. I think using credit scores for job hiring is in a big gray area. Report It
Why is the Credit Score look at when applying for a job?It shows how responsible you are. A low credit rating could represent a low sense of caring about your finances. If you don't care about your finances.... likely you don't have much care for being at work when you should be and being on time... etc.
Why is the Credit Score look at when applying for a job?Depending on the job, they look at credit scores in order to know what financial situation you are in. If you are severely in debt, you might be more tempted to accept bribes from competitors or release company secrets for money.
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