Will bad credit block a good job? - FOX 13 News

Will bad credit block a good job?


For thousands it's become routine. Fill out the application. Send in the resume and wait. It's the new American way to get a job.

"I gotta get a job. I gotta get a job," said Saundra O'Neil.

She's been looking for a month. Every day.

"I try to dress nice, speak well, shake hands, look into people's eyes," she said.

So what's the problem? Well, there's one theory.

"I don't have the best credit in the world," she said.

Could your credit score really keep you off the clock?

That all-powerful FICO score can already determine your mortgage rate and credit line. It can also keep you from getting a credit card. But what can it do to your job application?

"Unfortunately, if they have 15 good applicants and two or three of them have bad credit, they might use that against them. Just like they might use anything they find on them online," said Shaun Androff of Hiregy.

Think of it like an embarrassing moment a friend posted online. Bankruptcies and delinquent payments can linger on your credit report for seven years if a company checks.

"There are a lot of people who think it's a form of discrimination. There's a lot of candidates that are looking and companies can be very picky about what they look in to," Androff said.

We asked what you think on Facebook, and it got quite a response. Almost 100 people are concerned about credit.

"It's a problem. People are very worried about that," Androff said.

Kevin Connell, whose business does background checks for companies hiring new employees, says don't worry too much.

"Most employers do not pull a credit report on an individual. There are only certain positions," he said.

He's referring to positions that deal with money, like a CFO or financial advisor.

"It's usually someone in accounting. A manager that may be issued a corporate credit card," he said.

If you want one of those jobs, apply anyway.

"I find that as long as the candidate is very open about their history, they look well upon that. The problem is if someone says their credit is impeccable and they've never had an issue, and then they run a credit report and they find some delinquent payments or bankruptcy," Androff said.

Be upfront if you're asked about credit check; don't let a bad credit score scare you away from going after a good job.

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