Alan DraperChances are, you’ve heard the warnings about bad credit following you around for years, impacting just about every big decision you’ll make in your adult life. Loan applications, lease agreements, car notes, you name it ? if your credit score is low, or even questionable, getting out from under its black cloud could pose a challenge for a long time. If the 25% of Americans with bad credit includes you, you know just how much of a struggle it is. Maybe the answer is to simply get a job and pay off your debts? Sounds easy enough, but now, your credit score counts for more than just denying you that loan or apartment ? it can keep you from getting a job.
As the national unemployment rate rose to an unprecedented 7.2% last year, it’s become all the more difficult to secure a job to pay your bills and restore your credit. Even more distressing is that now those would-be employers have access to candidates’ credit scores, and they’re running your credit score while also weighing your personal qualifications as a candidate. And so, the cycle continues! In fact, judging you for your credit score has become so common among prospective employers that this has become a hot debate among the U.S. states, and many who feel this is an unfair part of the hiring process are beginning to ban this practice. In a struggling economy, America’s working class have been hit the hardest by the recent recession, and it seems the resulting trend among potential employers of using credit scores in the hiring process is now a nationwide “catch 22” we can’t escape. Have you, or someone you know, been affected by credit checks as part of the hiring process? What do you think? Is it fair?
Source:CreditScore.net
This article was written for Business 2 Community by Alan Draper.
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Its true. Finding a job with bad credit can be very difficult. If you have bad credit you shouldn’t just sit idle, I suggest getting the problem fixed quickly. I went through Lexington Law and they were excellent. They were super professional and helpful. It was worth it.