Want a job? Hope you have a good credit

[Terabyte]

it needs to be instained

:awe:

I don't care because I have good credit

I do understand that people do have bad credit due to extenuating circumstances, and it is up to the people doing the hiring to figure out why they have bad credit.

 

[wheresmybacon]

I'm saying that I don't see it being 'instituted as a standard' -- less than half of them want a credit report, and half of that is a financial institution.

I don't think my anecdotal evidence over the course of two days and a handful of job opportunities can really qualify as science. If not a standard, it's clearly a trend growing in popularity that didn't exist - at least to my recollection - 10 years ago in my field.

If it makes you feel better, I needed to give a lot more personal info than a credit report when I got hired....and that was years ago. This is nothing new.

Aren't you a cop? I certainly would hope that would be the case. Your job doesn't really apply to Joe Cubicle.

 

[highland145]

Didn't miss them, just hadn't gotten to them. I got to your post I quoted and posted a reply. Thats how it works. If you had changed your mind or wanted to clarify something, you would have edited your original post.

That didn't happen. It gives a glimpse of your personal responsibility. Could there be extenuating circumstances? Sure but my statement holds true.

 

[bignateyk]

We get asked all kinds of stuff on a regular basis just to keep our job.

We get routine polygraphs that ask us about our financial and personal lives. My favorite question so far has been "Have you ever had sex with an animal?"

Among other questions about our sexuality, religion, drug use, and more.

 

[highland145]

I do understand that people do have bad credit due to extenuating circumstances, and it is up to the people doing the hiring to figure out why they have bad credit.

If I wanted the job, I would be on the ball telling why my credit was slow. There are enough others that qualify with good credit.

 

[acheron]

We get routine polygraphs that ask us about our financial and personal lives. My favorite question so far has been "Have you ever had sex with an animal?"

What if it was consensual?

 

[SunnyD]

I don't want to turn this into a P&N flame war, but we both have different opinions here.

I believe in personal accountability. Many people have lost their homes. I truly believe that there are some people who have lost their homes, etc due to circumstances beyond their control. But I believe a greater number have lost their homes and gotten into financial trouble for making poor financial decisions (buying more house than they could afford, living beyond their means, etc).

Another thing...why is it a company's responsibility to help someone get out of debt?

People need to be aware of the decisions they make, and they need to put some thought into the future consequences that their actions might have. In some ways, this recession was a much-needed eye opener for a lot of people.

I'm sure most of the people out there that got hit in the subprime backwash did look to the future. The economy was booming, they were making money, capable of making their payments (with the exception of the balloon ARM's maybe). Those people planned for a future, rightfully, without the knowledge that there would be scores of other people doing the same. After all, should you plan your financial future with the other 300 million or so US residents in mind? If that were the case, NOBODY should have bought a home in the last 15 years and EVERYBODY should have been hording their money. It's not like 98% of the US population could foresee the economy taking a shit in 2008 because companies also expected the boom to continue ad infinitum, and even if they didn't, they themselves fell victim to the "Aww hell, why not - one more ain't gonna hurt anything!" syndrome. After all, profit is king, and things are rosy only until AFTER you stop making profits.

Yes, some better financial planning for the consumer should have been involved. But blame also need be placed squarely on corporate america, where profit is the #1 and only motivator of action. Both the consumers and the lenders took a risk. If you're going to bail out the lenders, you should at least be willing to let the consumers have a 2nd chance at life too.

 

[highland145]

We get asked all kinds of stuff on a regular basis just to keep our job.

We get routine polygraphs that ask us about our financial and personal lives. My favorite question so far has been "Have you ever had sex with an animal?"

Among other questions about our sexuality, religion, drug use, and more.

What do you do?

 

[Gibson486]

What do you do?

business of govt war machines.....

 

[NinjaTech]

No not all companies check your credit. It depends on the industry and whether or not you are going to need a company credit card. Banks or anyone in the finance industry will almost always do a credit check. A credit check costs money so unless there is a reason it is unlikely.

I work for an international company in technology and I had to fill out a form giving an authorization for a credit check. They give it to all new employees, but they said they would not run a credit check unless I need a company credit card.

 

[Greenman]

With all the hooting and hollering the current admin has done and said they're here to help the little guy, all it seems they do is punish the big companies, and not do dick for the little guy.

Punish the big company's? You mean by giving them hundreds of billions of dollars?

 

[SP33Demon]

Negatory. Gives a snapshot in time of the state of your personal finances which can be influenced by a number of factors such as being out of work for the past 3 years and having to decide whether you pay credit card bills or put food on the table for your wife and kids, whether to declare bankruptcy or work with creditors to try to make monthly payments. Divorces where finances are jointly owned but the other person decides to stop paying can influence your credit as well.

There are a number of external factors that can directly influence your credit that you have little control over. Using credit checks for anything other to to check your credit score to purchase something is just WRONG imho.

This is exactly correct. I've had perfect credit at different points of my life, and awful credit at different points after I was laid off. It means nothing.

 

[highland145]

This is exactly correct. I've had perfect credit at different points of my life, and awful credit at different points after I was laid off. It means nothing.

Extenuating circumstances(job loss) as opposed to being a p.o.s.