Do Bad Credit Reports Affect Your Job Prospects?

Credit Rating Scores

Did you know that employers may consider your credit rating and history when they are deciding whether or not to hire you. A bad credit report could keep you from getting a job. Currently, Congress is considering blocking employer access to most credit-report data, but for now it is still legal for companies to consider it. Jason Morris, president of a company that runs background checks for businesses, says employers should have access to the data. “If an employer is on the fence about an applicant, credit reports can be valuable—particularly if the job includes fiduciary responsibilities,” he says.