Could bad credit be why I can’t get a job?

by Stefanie Fontanez on January 27, 2010

badcredit2Recently, Sean G. asked us:

I just have a quick question concerning how credit would relate to finding a job. I have kinda crappy credit since the recession started in 2008. I just graduated high school and I don’t owe that much money, but would that be the reason why my job search has been so difficult?

Here’s what our experts said:

Having bad credit definitely can affect your ability to get a job. Fair or not, many companies will check your credit before hiring you, especially for jobs that involve handling large amounts of money. Credit card companies, some large retail stores and banks will all likely do a background check and check your credit before hiring you. However, they can only do so after you give them your Social Security number.

There is hope for those of you with bad credit; recently a bill was introduced in the House of Representatives that would prevent companies from not hiring you because of your credit. But until it passes, your credit could still be an issue with some employers.

If you’re just having trouble getting interviews, then it’s likely something else. Double-check your application for errors, add more details about your work experience or fill in the “Tell us about yourself” section of your profile, and try to be patient. The economy is still making it really hard to get a job, so keep your head up and keep trying.

See more questions.


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