Bad Credit Score and Jobs
With the job market the way it is these days, people are looking for ways to help them to find the best job possible. One thing that many people do not realize is that there can be a connection between a bad credit score and jobs. When you apply for a job, your credit report may be ran and if you have a bad credit score, the prospective employer may not even consider you for a job simply because they do not want to take the chance on you. Your credit report gives a glimpse of what your finances are like, which can translate into the kind of person that you are in some cases. What should you know about your credit score when you are looking for a job?
Your credit score indicates to people how responsible you are concerning your bills and your finances. While you may think that this has nothing to do with your work ethic, your employer may not share your opinion. You may be a hard worker, but all they have to go by is your application, your interview, and possibly your credit report, which all come together to give them some idea of what kind of person that you are. If you have a bad credit score, this can cause them to think of you in a less than positive way, especially if you are going to be working with their money or other products.
Even if you are not dealing with money at your prospective job, your credit score does indicate how well that you handle your finances. While people go through rough times and this can cause a decrease in their credit score, if you have just quit paying bills, this can affect you negatively and can make this prospective employer to wonder about your responsibility. If you are in significant debt, this can make an employer nervous as well, which can cause them to not offer you a job, even if you are making your payments as much as you can, simply because they may see that you are over your head financially.
While many companies still do not run a credit report, if you are trying to get a job in a financial institution or for a government agency, there is chance that they will look at your credit score. Either way, you want to be sure that you pay your bills and try to keep your credit report in positive status. A job is an important aspect of that, but if you already have a job and think that your credit score could affect you negatively, you may want to wait on getting a new job and work on paying down your debts and getting back on track with payments.
While it may not seem fair to use your credit score against you when you are trying to get a job, you need to look at it from the side of the future employer. If you are working with money or expensive products, they do not want to take the chance that you might steal from them. While a bad credit score does not mean that you are a thief, it may make you seem more desperate, which could cause you to do things that you would not normally do.