Disqualifying Job Applicants based on Credit History

  1. Hi everyone,

    2BaNurse's post about her financial predicament and many responses to her made me want to put a question out there.


    Do you think it is fair for an employer to disqualify a job applicant based upon a poor credit rating or bad credit report?
    •  
  2. 53 Comments

  3. by   eltrip
    No...not fair. There are times when "stuff happens." Regardless of how we plan or how much is in our emergency funds. Sometimes it can totally wreck a credit report...and without a job, how can anyone repair it?
  4. by   SmilingBluEyes
    Looking at it from the potential employer's point of view, I would say yes it is. It indicates personal responsibility and reliability in many cases. It's is not to say YOU WILL NOT BE HIRED if you have/had credit problems...just something to consider. It can be taken on a case-by-case basis. Having been in debt and trouble before and worked my way out if to a perfect credit record, I say it's ok with me.
  5. by   2banurse
    I have to be honest with you, if I was an employer I would be concerned BUT I also feel that should not be the only thing looked into. I think it would need to be done on a case by case basis, and I would look into the whys and whens instead of immediately disqualifying especially if there are no other discrepancies and the applicant has a good employment background and is able to handle the position.
  6. by   eltrip
    But that's the thing. You can be disqualified on the basis of your credit report. I know, because I was. I was perfectly qualified and had quite good references...but didn't get the job...because my ex had really messed me up before our split. Ah, memories...
  7. by   SmilingBluEyes
    obviously, this is not the ONLY consideration of potential employers. if it IS you may not wish to work there.
  8. by   renerian
    Good question. I will have to give it more thought. I have just had mine checked for my new job in sales. I am glad I work so hard to keep it good. Was not always the case though. I have had some tough times.

    renerian
  9. by   mario_ragucci
    Originally posted by eltrip
    my ex had really messed me up before our split.
    You know what, never having been married at 38 ain't so bad after all, LOL. [my lucky numbers one] [Lena Lovich}
  10. by   researchrabbit
    Eltrip, you and me both. I am still struggling with the mess he left 6 years later.
  11. by   Gator,SN
    I know that they check the credit history of any potential employees at the hospital where I work. They did it to me and then refused to let me "have a look" when they had it right in front of me on the desk!! GRR! But I suppose that they may be looking to see if you are responsible and trustworthy.
    Personally I think that this a total BS and why should they get away with this invasion of privacy?? WHose business is it how much I spent on my living room furniture or how much student loan debt I have??? If I have credit cards to pay do I get a bigger raise this year???? WHen do I get to see their credit report?? I have thought about this many times over the last year, and personally I think that this should not be allowed to continue.
    Sometimes I think that this is just another way to look down their nose at people.......If I am qualified to be a nursing assistant or an RN, and I do a good job, then that is all that matters. If I can't cut it then PA is a voluntary employment state: they can fire me, no questions asked. Maybe if I am heavily in debt, they they will give me a job and expect me to be grateful? Or maybe since my credit is good they think that I will be easy to manipulte in order to protect it?? WHO knows, but their is always an angle.

    Gator
  12. by   Glad2behere
    As I has stated in 2banurse's post, employers must guard themselves against SS fraud, and a credit bureaus will show immediately if the adress you state in the app is accurate. Lot of people out there with multiple SS nos, and a CB will instantly verify this as well. If you are Jane Doe from Idaho and say you have lived there all your life in Boise, what were you doing in Mt Pleasant Texas for the last 3 years with Bo Pike's SS no.? Makes you look a little risky doesn't?
  13. by   Glad2behere
    And they can't let you see it either...that's the law.
  14. by   hoolahan
    Originally posted by Gator,SN
    Personally I think that this a total BS and why should they get away with this invasion of privacy?? WHose business is it how much I spent on my living room furniture or how much student loan debt I have??? If I have credit cards to pay do I get a bigger raise this year???? WHen do I get to see their credit report?? I have thought about this many times over the last year, and personally I think that this should not be allowed to continue.
    Sometimes I think that this is just another way to look down their nose at people.......If I am qualified to be a nursing assistant or an RN, and I do a good job, then that is all that matters. If I can't cut it then PA is a voluntary employment state: they can fire me, no questions asked. Maybe if I am heavily in debt, they they will give me a job and expect me to be grateful? Or maybe since my credit is good they think that I will be easy to manipulte in order to protect it?? WHO knows, but their is always an angle.

    Gator
    Couldn't have said it better myself!!! *****?

close