Improve Chances of Getting Hired – Check Your Credit Report

Do you have plans to scout for suitable employment opportunities, in the coming months? Or are you planning to switch to a more lucrative career? If you answered yes to any of these questions then, we have an important advice for you – that is, to be PREPARED.

Improved CreditBear in mind that preparation is the key towards landing a good-paying job. In fact, such tip can help you avoid having disappointments, later on. Hence, as early as now, you should determine the requirements for the position you wish to fill in. Know which personal documents you need to submit to your target employers, anticipate the questions you may encounter during your job interview, and prepare for entry level tests you may be required to take.

You should also not forget to order and examine the latest copies of your annual credit report. Why? 

Why Check Your Credit Report

Even if you know that you do not have outstanding debts and confident about your credit record, it is still important to check your report prior to job application.  Why?  Erroneous reporting is not a rare case and you may discover errors in your report which could hurt your reputation.  Such errors can easily be corrected by sending a dispute letter to the credit bureau that issued your report.

[Article: How to Get Your Free Credit Report]

Is Pre-employment Credit Screening Allowed?

Do employers check credit reports before hiring applicants?  The answer is yes! Many companies do use credit history to evaluate a person’s employment history, background, and credibility.  While personal credit score is not always a relevant factor to get hired, the information contained in your report can significantly influence an employer’s decision whether or not to hire a candidate.

In some industries, the applicant’s credit history and credit score can be determining factors in getting hired.  This would depend on the position you are applying for.  Typically, pre-employment credit screening is done in professions that involve handling of finances and confidential information.

In certain professions, individuals with bad credit history may not get hired at all.  Although the Federal Law states that employers cannot refuse a job applicant based on credit history alone, an employer may give other reasons for not hiring, aside from bad credit.

For instance, a banking institution may prefer to hire candidates that are not just qualified to do the job but also with clean credit histories.  Clearly, an impressive credit standing can give you the edge you need over your competitors.

Is it legal? Yes, credit check is a legal process.  However, a company must first disclose the fact that they will be conducting credit-screening or that credit check is part of the application process. The job applicant must first give consent before credit check can be made.  With this in mind, you can greatly improve your chances of landing the job you want if you are confident about your personal credit.

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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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.

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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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