Check Your Credit Score Regularly: A Tool for Hiring Decisions

Three out of ten American adults admitted that they do not know their credit score. Here’s another reason why you should check credit score regularly.

check credit score

There are certain occupations that regularly check an applicant’s credit score according to the Society for Human Resource Management (SHRM) on their report last 2012. These are as follow:

1) Parking booth operator
2) The military
3) Accounting
4) Mortgage loan originator
5) Transportation Security Administrator (TSA)
6) Law enforcement, and
7) Temporary service positions 

Not only do they use credit reports are a reliable tool for checking resources and a method of vetting potential candidates, they also use credit reports as a base for hiring decisions. Almost half (47%) of the hiring institutions in America conduct credit report check and stated that this method ensures them an inoffensive environment for working. Through checking credit report, they are able to to prevent theft and reduce legal liability for negligent hiring.

Nevertheless, if a manager really wants someone for the job, their support can overrule a problem credit report (Wilson, 2012). Other than that, the final decision to hire a candidate does not solely rely on their credit report check. Your past working experiences, your competencies and fit with the job and the institution as well as your expertise in the job will be the most important factors to affect their hiring decision.

Elizabeth Roberts

Elizabeth Roberts

Liz Roberts and her team are continuously providing information to people who are ready to repair their credit and improve their credit score. Also NewHorizon.org team strives to empower the homebased and small business owners by bringing information that can help them to manage and grow their businesses. Let our 24+ years of business finance experience help you to get the financing you need! CONTACT US if need financing for your business.

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NHBS Inc © 2022

NewHorizon.org is an independent, advertising supported website. The owner of the site may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. NewHorizon.org has not reviewed all available credit card offers in the marketplace.

Privacy Policy Terms of Use

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