|
|
| *Loan,banking and credit>>>credit check |
Credit checks for employment? |
Why do companies do credit checks for employment. Companies generally want to do a credit check if the employee will be in a position to handle cash or credit cards because the temptation to take some would be greater. I am a former Human Resource Manager. If someone told me they were going to do a credit check for a job that did not entail money or credit checks, I would ask them why. If they said something like to find out how responsible you are, I would ask them if they could validate the results of the test to show that people with poor credit ratings were not as responsible as others. There are many reasons for a poor credit rating and they do not all have to do with irresponsibility. I would feel that the test could be discriminatory. Even though I have great credit, I would not want to work for a company that required this report. Incidently, credit reports do not indicate how much money you have, they just tell whether you pay your bills in a timely manner and show how many credit cards you have, and indicate if you have been declined for credit. To see how personally responsible you are! They want to see if you are wanted by the feds or like a possible front for terrorist organizations. Maybe they want to see how broke you are to determine how sincere you are in looking for work. If you haven't been making payments on time you are probably a slacker or a loser, and companies don't hire slackers. If you are in a bunch of debt and aren't paying bills, then you are more likely to steal from the company. I would venture to guess if you have a lot of credit problems, credit collections agencies, etc. would be calling your place of employment. This maybe a hassle for your supervisors to deal with. Or they like the keep the poor man down! That is completely and totally rotten. If this is going to occur, then the credit checking system needs to be shut down. It's a privacy invasion. Credit worthiness is an indication of responsibility and reliability. |
| Tags |
| business credit chase credit citibank credit card credit application credit bureau credit check credit counseling credit debt credit line credit repair credit report |
SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR For personal non-commercial use only. |