Bad Credit Can Limit Your Employment Opportunities
Tuesday, June 24th, 2008It is a startling fact for the 80% of Americans who do not realize that bad credit can affect their chances of getting a job, according to a recent survey by VISA. By law, employers have the right to refuse to hire job applicants because of their credit histories.
Whether you side with the employers who feel your credit history is a good predictor of your judgment, character, and work performance or you side with consumer advocates who feel this practice is an unfair method of discriminating against job applicants, the information in your credit reports could play a role in your being hired for a new position.