Can Having Bad Credit Affect A Job Offer?

Can Having Bad Credit Affect A Job Offer?

Possibly. It depends on the job and the employer.

Not all employers check a job applicant’s credit report – and nor should they, unless it’s directly relevant to the job. If, for example, you will be handling large sums of money, then an employer will likely want to know how you handle your own money and whether you have any financial issues. That’s understandable. It’s a similar situation to people being subject to additional checks if they are going to join the police, become a prison officer or work with children.

If an employer requests permission to check your credit report, first ask them why they need to do so. When you know what they are looking for, you are in a better position to decide whether to allow them to go ahead. Whatever the circumstances, you have the right to refuse permission for employers to view your credit report. You should be aware, however, that by doing so you could affect your chances of being considered for the job.

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