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When I was younger, I remember my dad becoming frustrated when things became financially difficult, as anyone would. But what really surprised, he was worried about taking a hit on his credit score, not just because it affecting his eligibility, but his current job. Working for the defense industry requires a security clearance. One item necessary for clearance is a good credit history.
Nearly half of all employers check the credit history of both current and potential employees. I'm guessing the twisted school of thought behind that is if you can manage your money well, you will manage the company's assets well. It's also a litmus test of character and personal integrity, I'm guessing. If that is the case, I think they are only fooling themselves. Also, I think it's flat out wrong. I understand that the days of personal privacy are coming to an end, but to drag someone's financial details out in order to judge what kind of an employee they would be, is ridiculous.
What if someone had bad credit history, but stellar employment history? What if that person's debt came from ridiculously high medical bills? Most of us know how easy it is to get buried under a mountain of medical fees. At the end of the day, I think it takes the human element out of choosing someone who will work for you, someone you'll interact with on a day to day basis. I guess it's just easier for them to use credit history as a way of gauging a person. If that's the case, they might as well check out a person's "Recently Watched" on Netflix.