Are Credit Checks an Effective Pre-Employment Screening Technique?


Credit checks by employers are up 6% over last year to 21% according to a 2011 report by EmployeeScreenIQ. If you’re lucky enough to score a second interview and finally the offer, you get to be subject to all kinds of checks. Background checks. Reference checks. And the looming…Credit Check. Most job seekers would tend to disagree with the use of a credit check as a way to determine if you’re fit for a job.

2012 131

Bad Credit No Longer a Problem in Job Hunts

Resume Bear

For years employers have been pulling credit reports as part of the background check of potential job applicants. “In the past only bank and financial institutions used credit checks,” said Amber Yoo with Privacy Rights Clearinghouse, “But over the years it has evolved so that more and more employers are using it to predict character judgments on people.” Your credit history can keep you from getting a job.

2011 174