Credit check for employment

CrazyPaul said:
What if someone gets laid off and can't make payments to his/her credit cards, car loan, mortgage or whatever? You call that poor responsibility?
Click to expand...

Again, that is why they look at the entire report. But to answer your question, most likely yes.
 
TXgolfer said:
Again, that is why they look at the entire report. But to answer your question, most likely yes.
Click to expand...

By that logic no one should ever borrow money. No one knows if the people they work for will go out of business of downsize or if they will get hurt or sick or their spouse will die. Lending is a risk.

In 99 the people i worked for went out of bussiness. At the time programming jobs where scarce and i had to move in with friends. Lots of stuff went to creditors. Now i have great credit, in fact people want to loan me money. Same person different credit report.
 
TXgolfer said:
Yes. But you already know this.
Click to expand...
Oh, I don't recall asking you that question. Sorry for repeating it. I will remember it from now on. So, TXgolfer, do you honestly think that people with poor credit records don't deserve a new job?
 
CrazyPaul said:
Oh, I don't recall asking you that question. Sorry for repeating it. I will remember it from now on. So, TXgolfer, do you honestly think that people with poor credit records don't deserve a new job?
Click to expand...

Never said such a thing.
 
Foxrac said:
What are you think about credit check for employment?

For me, I oppose to credit check for employment, but I support credit check for employment that have access to money and transaction, especially bank, credit companies, financial institutions, treasury office, etc.

Some employment are check the credit for jobs that not related with money or finance.

I know that federal law ban on discrimination against employees who filed for bankruptcy or bad debt - learned from legal studies.

Some states are start ban on credit check for employment with some exception like financial institution will be exempted.

Employment Credit Check

I had never run the credit check when I got job, so have you run the credit check when you got a job?
Click to expand...

For federal and state employees, this is the norm. All candiates seeking employment must pass a background check, pass the drug test, and pass a credit check. We've actually had people escorted out of the building and terminated after two months on the job when something unfavorable has been uncovered. All employees, regardless of the length of service (at least at the federal level), can expect to have this whole process repeated every three to five years...and unfavorable checks, regardless of length of service, can lead to termination. This frequency of the background checks vary considerably by agency but it's quickly becoming standard practice.

Laura
 
Lau2046 said:
For federal and state employees, this is the norm. All candiates seeking employment must pass a background check, pass the drug test, and pass a credit check. We've actually had people escorted out of the building and terminated after two months on the job when something unfavorable has been uncovered. All employees, regardless of the length of service (at least at the federal level), can expect to have this whole process repeated every three to five years...and unfavorable checks, regardless of length of service, can lead to termination. This frequency of the background checks vary considerably by agency but it's quickly becoming standard practice.

Laura
Click to expand...

I heard about work for TSA require solvent - free from debt, is it true?

What about Crazy Paul? He works for USPS.
 
Foxrac said:
I heard about work for TSA require solvent - free from debt, is it true?

What about Crazy Paul? He works for USPS.
Click to expand...

You can't get a federal job, no matter what the agency, if you have any debt. If you can't pass the credit check, they won't even bother with a background check because the background checks are typically done by retired FBI and it's costly. They elminate the candidates early based on who passes the credit check and later the drug test...any drug in your system, even pot, will cause any tenative offer of employment to be recinded.

USPS is separate and operates under their own rules and regulations which is not the same for the majority of federal employees. Their benefits and retirement are also very different so it's like a completely different job entirely.
 
Foxrac said:
I heard about work for TSA require solvent - free from debt, is it true?

What about Crazy Paul? He works for USPS.
Click to expand...
No, they didn't ask for my credit history and I didn't take a drug test. You have to understand that federal employees and USPS employees are under a different system. For example, in health benefits, the rates for federal employees are different from rates for USPS employees. The point is that the rules are not the same since USPS is a semi-independent agency.
 
Lau2046 said:
You can't get a federal job, no matter what the agency, if you have any debt. If you can't pass the credit check, they won't even bother with a background check because the background checks are typically done by retired FBI and it's costly. They elminate the candidates early based on who passes the credit check and later the drug test...any drug in your system, even pot, will cause any tenative offer of employment to be recinded.

USPS is separate and operates under their own rules and regulations which is not the same for the majority of federal employees. Their benefits and retirement are also very different so it's like a completely different job entirely.
Click to expand...

Even can't get hired with student loan debt?
 
saywhatkid said:
It wouldn't be you that hires them, though. Just a hunch.
Click to expand...

I wouldn't even have the option. My insurance requires extensive background checks on anyone that does work for me. But no, if given the option, unless circumstances could be explained or were in the distant past I would not hire someone with poor credit. It's dangerous to the reputation of the business.
 
Foxrac said:
Even can't get hired with student loan debt?
Click to expand...

If you're paying your debt and your credit is in good standing...and you can pass a background check including and a drug test, then you can be considered eligible for employment should the agency decide to hire. Edit to add, the debt has to be explained too. If it's particularly sizable and your making only the required payment and not really reducing the debt, that could be grounds not to hire since one of the most asked questions from background investigators are "how would you describing your spending habits?" The question is asked to determine whether you make a lot of impluse buys. Clearly, someone that spends money like there's a money tree out back is not going to look like a strong candiate. Federal employees are expected to demonstrate common sense in both money and behavior.
 
Lau2046 said:
If you're paying your debt and your credit is in good standing...and you can pass a background check including and a drug test, then you can be considered eligible for employment should the agency decide to hire.
Click to expand...

Oh, I got it now.

:ty: for explanation.
 
Foxrac said:
Oh, I got it now.

:ty: for explanation.
Click to expand...

Also, take note of my edit. I've never had an investigator sit down with me that hasn't asked me questions about money, whether I spend foolishly, do I have a savings (although this is already know before we even meet), and a whole slew of questions regarding my finances...the annoying part is the way the questions are repeated. They refrase them and ask the same question in only a slightly different way to see if they can trip you up or cause you to reveal something you didn't say in your earlier statement.
 
I would want to look at credit and background checks. For example, school counselors and/or teachers are supposed to teach you that your rent is to be 30-35% of your salary. If teachers and school counselors fail to live under this guideline, it would reflect badly on students trying to make transition from high school to college.

Also, I would be curious to see why you're not able to keep up with payment? Did you buy a $40K vehicle only to be way behind in payment? Or are you struggling to try to make payments on your $10K vehicle? That would make a big difference in whether you get hired or not.
 
Back
Top