Can Your Credit Score Affect Your Job?

How your credit score affects your chances of getting that dream job.

To what extent does your credit history affect your chances of getting a job? Can an employer run a credit check? If you have a bad credit record, how will it affect your prospects for securing employment?

Can potential employers check your credit?

According to the National Credit Registration Act that was created in 2002, the credit registration system legally requires employers to get your permission before running a credit check. Moreover, employers can only request such a check once you become a candidate for employment in a position that involves dealing with cash or finances.

Why do they need to check my score?

Employers worry whether potential employees will fall into financial difficulty. Even if someone is not in a position to be handling finances, the stress of not having steady employment could lead to debt collection calls and requests for payment garnishment orders.

If you have a poor credit record and are worried that this could affect your chances of getting a job, we hope that we have been able to reassure you that this is not something to worry about. We believe that a credit record is just that: a record of your past financial history, and that the good and bad things that happen in our lives will affect our credit record.

It is not the be all and end all of your life, and we hope that you can find peace of mind knowing that you can get a job without having to worry about your credit record. For more help on how to improve your credit score, contact Credit Health.