Credit check for employment

When hubby lost his jobs due to the economy or industry tanking out, we used all of our saving that we could to pay what we could. We had been current on most everything. We had 2 bills that we were making payments on that came from when we first got married. Now, we have almost no outstanding bills, just a few medical bills, and still, hubby can't find anything decent. All of his denials are due to the credit report. None of what he's looking for involve him dealing with money or finances as he can't figure that out with his learning issues.
 
OK guys, just to clear this up, good credit records have nothing to do with "credibility."

Credibility | Define Credibility at Dictionary.com

Credibility means believability. For example, "He was a credible witness." That means, he was believable.

Credibility has nothing to do with word "credit."

Perhaps you're thinking of the phrase "fiscal responsibility."

A person can be totally credible (believable) but have lousy credit.

On the other hand, a person can be totally incredible (unbelievable) but have marvelous credit.

So, unless one has lied about a credit rating, credibility has nothing to do with credit. :)
 
Did I say that? No, I read article and it said that, not me. It was like 5 years ago something.

And DID you read my last sentence? You should before you bark at me.

CrazyPaul said:
What if someone gets laid off and can't make payments to his/her credit cards, car loan, mortgage or whatever? You call that poor responsibility?
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This is exact what I read in the article about 5 years ago about employer using credit report basis on hiring decision.

I DO have mixed feeling about it. That is why I am not saying whether it is fair or not.

I know one person, who screwed his own credit, and debit report BIG time, probably at near bottom of rating, he was alcoholic, and has no responsibility. When other friend of mine asked him to do some construction work, and the quality was downright shoddy. That person with bad credit did lousy job on construction, he don't give a damn about it. I was like wow!

Lau2046 said:
A person that has poor credit has demonstrated to potential employers poor judgement in their personal life. If a person can't handle their own finances, why should an employer trust them with the company/agency's time, money, and mission?

It's common for some students to put whole semester's worth of classes on their credit card, meals, beer, without a back up plan to pay all of this off. They think nothing of it, foolish as it is...and it just grows without end. Some people walk away from jobs, without one in hand, thinking they'll find another in a few days or a week, but they learn the hard way that employers don't think as much of them as they think of themselves.

In federal service, and what we're now seeing with the public sector too, employers are looking for people that can handle responsibility. While it may not seem "fair" to you and that it has nothing to do with your work performance, it does..and it ties into the idea that a person that can manage money, achieve realistic goals, and use sound judgement, will exhibit that same behavior in their work life.
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I Did read and yes it did apply during employment and if they find something wrong, its their ground to terminate employee.

I have mixed opinion on this one, and IMHO I think it is pretty inaccurate indicator since I don't know what their score threshold is. If it is extremely low then I understand, but if in mid range, probably not fair.

Bernie Madoff had stellar credit and he stole Billions of dollars.

Jiro said:
it's a hiring process, not a termination process.... therefore it doesn't apply.
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Reba said:
OK guys, just to clear this up, good credit records have nothing to do with "credibility."

Credibility | Define Credibility at Dictionary.com

Credibility means believability. For example, "He was a credible witness." That means, he was believable.

Credibility has nothing to do with word "credit."

Perhaps you're thinking of the phrase "fiscal responsibility."

A person can be totally credible (believable) but have lousy credit.

On the other hand, a person can be totally incredible (unbelievable) but have marvelous credit.

So, unless one has lied about a credit rating, credibility has nothing to do with credit. :)
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Yeah, I don't know what the hell TXgolfer talked about when he brought it up.
 
Reba said:
OK guys, just to clear this up, good credit records have nothing to do with "credibility."

Credibility | Define Credibility at Dictionary.com

Credibility means believability. For example, "He was a credible witness." That means, he was believable.

Credibility has nothing to do with word "credit."

Perhaps you're thinking of the phrase "fiscal responsibility."

A person can be totally credible (believable) but have lousy credit.

On the other hand, a person can be totally incredible (unbelievable) but have marvelous credit.

So, unless one has lied about a credit rating, credibility has nothing to do with credit. :)
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Actually I was using it as believable or trustworthy. There are many reasons for bad credit but that is the reason I said one would have to look at the report. Credit reports also contain civil judgements and liens too
 
TXgolfer said:
Actually I was using it as believable or trustworthy. There are many reasons for bad credit but that is the reason I said one would have to look at the report. Credit reports also contain civil judgements and liens too
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Like I said, it was a general statement, not to anyone in particular.
 
TXgolfer said:
Actually I was using it as believable or trustworthy. There are many reasons for bad credit but that is the reason I said one would have to look at the report. Credit reports also contain civil judgements and liens too
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I have question - what is civil judgement means? That's new to me.
 
Jiro said:
for ie... collection agency because you owe money
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Oh I see - it made me think it was debt or money from civil lawsuit.

I know lien means - if you don't pay property tax so county will lien your property.
 
Jiro said:
I got laid off last year and during my unemployment, I paid off all of my CCs, and still pay car loans, etc. on time. It's called a good fiscal responsibility.

beside - when you get laid off, you can apply for unemployment benefits.
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When I got laid off I payed off as much as I could but when the money runs out the money runs out. Unemployment benefits are not going to pay everything. Once I got another job I payed off all my debt. But by then it was all to creditors.
 
considering how the economy is I don't think a credit check is very fair
 
The only place makes sense to do a credit check is work for bank/credit union industry or any other financial related jobs. There are plenty of innocent people who have bad credits and it doesn't make sense not to hire them when they are trying to pay off their debts and improve their credit score.
 
sequoias said:
The only place makes sense to do a credit check is work for bank/credit union industry or any other financial related jobs. There are plenty of innocent people who have bad credits and it doesn't make sense not to hire them when they are trying to pay off their debts and improve their credit score.
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From a business owners perspective it makes perfect sense.
 
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