I’m applying for a job and they said they were going to conduct a credit check on me before hiring. Why?
The credit check is a way for companies to gauge your responsibility. These are not done for all types of jobs, but typically only those where there is a higher level of responsibility, particularly when it comes to handling money. For example, someone with a high credit score is more statistically likely to be more mature and able to handle stress than someone with a lot of debt. A poor credit score isn’t usually an instant disqualification from a job, but rather one of many factors that are looked at. Remember that you must give your approval in order for them to legally conduct this check.
Please login or Register to submit your answer