General Discussion

aikoaiko

(34,213 posts)

5. The employer I work for does it for anyone who handles money.

Sun May 6, 2012, 05:13 PM

May 2012

There is no rule about XXX score or Y debt/credit ratio, but we don't want people in obvious financial trouble handling or managing money.

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Could Your Student Loans Make You Unemployable? [View all] rsmith6621 May 2012 OP

Does Bain & Co have anything to do with Bain Capital? Just curious..... kestrel91316 May 2012 #1

I believe they do tabbycat31 May 2012 #11

Completely different companies taught_me_patience May 2012 #47

this happened to a law grad last year - graduates with big all law school loans too Liberal_in_LA May 2012 #2

Its odd that they offered her full-time employment without the credit check. aikoaiko May 2012 #3

Companies will have in their offer letters TBMASE May 2012 #6

I've never understood why an employer TBMASE May 2012 #4

The employer I work for does it for anyone who handles money. aikoaiko May 2012 #5

Equating poor credit or high debt with dishonesty or lack of integrity TBMASE May 2012 #7

100% correct! Orrex May 2012 #13

Credit ratings are now also used as an underwriting tool for car insurance. PSPS May 2012 #14

Well, obviously that makes a great deal of sense! Orrex May 2012 #15

No, but you might be tempted to commit indurance fraud by faking SharonAnn May 2012 #21

No, I don't buy it Orrex May 2012 #26

And someone rich may have got rich by staging accidents muriel_volestrangler May 2012 #29

then why does it make liability insurance higher as well? RedRocco May 2012 #30

Completely disagree. closeupready May 2012 #33

+1. pnwmom May 2012 #16

For some kinds of jobs, it's appropriate to use various tools such as credit check SharonAnn May 2012 #19

I respectfully disagree Orrex May 2012 #25

So you don't think that someone at risk of foreclosure or bankruptcy dmallind May 2012 #27

Ken Lay didn't seem to be in any money problems ck4829 May 2012 #34

So you agree that creditworthiness is no predictor of honesty or integrity? Orrex May 2012 #37

Research shows there is NO LINK between a bad credit score and employee theft PA Democrat May 2012 #38

It's a modern day pseudoscience ck4829 May 2012 #39

When you put it that way, I feel like a fool for submitting to those skull calipers. Orrex May 2012 #52

LOL! It's not 20/20 hindsight, you had a brain module for that! ck4829 May 2012 #53

I have not read anyone equating poor credit or high debt with dishonesty or lack of integrity aikoaiko May 2012 #22

This insanity has got to stop! Odin2005 May 2012 #8

Credit checks for a job (except in very rare circumstances) is such a scam. Liberal Veteran May 2012 #9

I was offered ajob in 1965 but the confirmation would be after the credit check, felony check, etc. SharonAnn May 2012 #20

A Person's credit rating HAS nothing to do with a person's ability to do a job ALL this boils down Justice wanted May 2012 #10

It is the ugliest and blatant discrimination of recently graduated college students out there Harmony Blue May 2012 #24

Not just graduates BUT anyone in general. My friend recently got a divorce and that cause a lot Justice wanted May 2012 #50

WTF Skittles May 2012 #12

debt to credit ration MJJP21 May 2012 #17

companies usually do this to get 2 weeks of free work out of a worker. provis99 May 2012 #18

Companies that do that are stupid laundry_queen May 2012 #31

I hope you went back and picked up your checks. I once had a temp agency coalition_unwilling May 2012 #48

Credit ratings are out of control Harmony Blue May 2012 #23

Agree with everything you say. laundry_queen May 2012 #32

Agreed. I posted a link above that show no correlation between bad credit scores PA Democrat May 2012 #40

Student debts need to be removed from credit scores or the credit job filter gets eliminated ck4829 May 2012 #28

Unless you're handling company money, why on earth does an employer NEED your credit report? Bake May 2012 #35

It can be fixed ck4829 May 2012 #36

A society that allows its citizens to be treated like this..... marmar May 2012 #41

We've been to the Moon and we've killed smallpox. We should be over this pseduoscience BS ck4829 May 2012 #42

Credit checks are a kickback Icicle May 2012 #43

They want the return of the Retail Credit Company ck4829 May 2012 #45

I don't believe this story taught_me_patience May 2012 #44

Nobody wants to believe in vicious cycles that can trap you in the land of the American Dream ck4829 May 2012 #46

Agreed. Tom Wolfe is a very politically conservative novelist and writer. But his coalition_unwilling May 2012 #49

DU Rec. nt woo me with science May 2012 #51