8 Reasons Why Your Workplace Is Concerned About Your Credit

MoneyTips

Did you know that your credit history could affect your ability to get a job? Prospective employers are unlikely to turn you down solely for having bad credit, but items in your credit report can make the difference between you and another equally qualified candidate. "Your credit score matters, even if you’re not in the market for credit in the near future, because increasingly prospective employers…will often take your credit rating into consideration when they’re looking at you as a potential employee," cautions Bankrate.com Chief Financial Analyst Greg McBride.

What are employers looking for in your credit report? A credit score alone doesn't help, because that's a single ranking reflecting the overall risk of lending you money. They're hunting for insight into aspects of your personality and behavior, and how those traits will fit into th...



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