What types of things are employers looking for when reviewing credit reports of job applicants?
Usually, potential employers who pull an applicant’s credit report are looking for indicators of good financial health. Items that may give a potential employer pause could include a consistent failure to pay debts in a timely manner, excessive debt compared to income (or income from a previous job if the applicant is not currently working) or any unpaid judgments. 3. Are there certain types of positions that are more likely to require pre-employment credit screening? As noted above, positions with the government or with government contractors for which security clearances are required will almost always require credit checks. Also, banks and other financial institutions often pull credit when hiring for positions that involve handling large amounts of money. Companies that do use credit reports often use them only for applicants at mid-level management positions and above, although this varies significantly from company to company. 4. What credit criteria do employers use when decidin
