General Discussion
In reply to the discussion: Could Your Student Loans Make You Unemployable? [View all]Justice wanted
(2,657 posts)of havoc on his credit BECAUSE he had to open up utilities in his name at a new place and EVEN untity companies and cable companies are running credit checks. He had to close out to credit cards because it was in both his and his ex wife's name and get new ones issued in his name alone and BELIEVE ME credit card like CAPITAL ONE (I use to work for these people) EVERY TIME YOU APPLY FOR A CREDIT CARD EVEN IF YOU ALREADY HAVE A CARD WITH THAT COMPANY THEY CHECK YOUR CREDIT!!
ANY TIME SOMEONE"S CREDIT IS CHECKED (THEY do NOT have to do ANYTHING like miss a payment nor not pay) YOUR SCORE GOES DOWN. SO EMPLOYERS CHECKING A PERSON'S CREDIT RATING CAUSES THE RATING TO GO DOWN.
So a friend who had an 850 the start of his divorce ended up with a rating of 200.