In the case of medical expenses, if an employer is going to be paying for your benefits do you think they have a right to know about your history? And just because you credit rating check Knoxville have debt it doesnt mean your credit credit rating check Knoxville score will be bad. Non-payments, or late payments would be more detrimental, I would think? A divorce or medical procedure doesnt tell anything about how a person will credit rating check Knoxville perform with a company.
As a former CFO, I think all of my financial staff would have a background/credit check.
All executives who had budget responsibility/authority should also be included. If you handle cash, they too should be included too. I think I can see the logic in having credit rating check Knoxville those with access to cash having their credit rating check Knoxville credit checked and wanting those people to have better credit records. You are correct, those that have responsibly chosen to live credit rating check Knoxville debt free would be unfairly harmed by potential employers using a credit score to credit rating check Knoxville filter the candidate pool.
Why would someone who is responsibly debt-free be harmed by having their credit score checked? If banks wouldnt trust you with borrowed money, why should an employer trust you with to run/work inside their business? credit report business Theres not always a direct relationship between how you deal with your money and what you do credit rating check Knoxville at work. Whereas there is a direct relation between receiving money, what the bank lends you, and giving it back, debt payoff. Maybe the employer would also be interested in how you treat your parents, your kids, your neighbours, how you treated your teachers thatll let the employer credit rating check Knoxville know how you will deal with colleagues, bosses, customers, suppliers We can try to give the employer as much information on the prospect employee as possibleok, but as someone proposed above, Id like to have this information too on the people I would be working with. And dont get me wrong, I have nothing to hide and a very good professional reputation.
But what I do at home and how I manage my finances is none of my employers business, unless there is a direct, scientifically proved relationship. credit report free gov Ive thought about the case where if you are going credit rating check Knoxville to handle a million dollar account for a company (not necessarily money, could be billing and such), shouldnt you be able to pay your electric bill on time (could be any bill, just saying)? The question for employers is such that, if you cant handle your own monthly bills, can you be expected to keep up with all of the paperwork of a big client? Ask employers who their best employers are and then as the employers credit rating check Knoxville if they can have their scores checked. I think employers should only be able to pull credit reports for prospective employees that would handle financial business for the organization. The FICO score is a proprietary formula only the credit score agencies know all the ins-and-outs of the formula! With such an important number dictating what happens in our lives nowadays, why isnt the formula PUBLIC?
All we get is how items are weighted in the score but nothing definite Has anyone met someone with an 850? It is so easy (too easy?) to ruin ones credit due to circumstances outside of ones control, such as transportation and health problems etc. Too, the items linger unnecessarily on credit reports credit rating check Knoxville when the issue has long since been resolved! Notify me of followup comments via e-mail Previous post: Best of Money Carnival #106 Next post: What Is a Probate Lawyer and When Would You Use One? free annual credit check Free From Broke is for general information or entertainment purposes only and does not constitute professional financial advice. Please contact an independent financial professional for advice regarding your specific situation. In accordance with FTC guidelines, we state that we have a financial relationship with companies mentioned in this website.
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