If you are applying for a job and the employer requests a credit check, they can’t do it without your permission, however, if you don’t give your permission that could be the deal breaker right there.
And, if you have been out of a job for a long amount of time and consequently your finances have suffered and your credit report shows negative information that could also be the deal breaker.
The good news is that there are a few lawmakers out there who are trying to fix this destructive situation. There are also a few states that have already passed laws to restrict employers’ use of credit checks.
But if you’ve ever watched the legislative process you know that the wheels move slowly.
Ever soooooo slow!
If you are interested in credit repair, there are professionals out there who will work towards improving your credit so that you can get approved for loans, receive lower interest rates (and save thousands of dollars), and more. CreditRepair.com will help you create a game plan to improve your credit score, they will contact credit companies directly on their own, they will communicate with the credit bureaus to work towards making a change, and they provide an online dashboard that will help you monitor everything that is going on. It is all very affordable and will most likely save you thousands in interest fees and late charges.
You should learn about what exactly is on your credit report.
In the mean time, make sure that you know exactly what is showing on your credit report. Get your free copy from each of the major credit reporting bureaus and be ready to explain the whys and wherefores of how your bad credit happened.
If you’ve been unemployed for a while without the funds to pay your bills and your credit is now bad, there really was nothing else you could have done except perhaps have been more cognizant of the predictions of your crystal ball when you took out the credit in the first place, you know, back when you had a great job and the economy was good and everything was fine. You know, why didn’t you just see what would happen in the future and not get the loan?
Because, life doesn’t work out that way, but it usually does work out.
So do the best you can with what you’ve got. Explain your situation and hopefully you can manage.
And eventually, maybe, if all the stars get aligned and the two political parties can come together on some type of agreement, oh, oops, sorry, that is probably asking too much, yeah, I know that ain’t gonna happen, but maybe, just maybe the unfair practice of employers checking credit reports, with the exception of those few jobs where it really may be pertinent, will fall by the wayside.
And in the mean time, you should do everything possible to repair your credit and fix what you can.
Has your credit score ever affected your job search?
Image via Flickr by slightlyeverything