More and more employers are doing credit checks on employees.
If you have bad credit, this is something you should find out about the company before ever applying.
If they are pulling a report and it is negative, it more than likely means you will not qualify for the position. However, even if you have bad credit, there may be a way to land a job with a great company that does credit checks.
Here are some ideas that might help you get that dream job:
First and foremost, pull your own credit report. Never apply for a position without knowing the facts about yourself.
In this day and age, it is quite possible that some of the blackmarks on the credit report are from a stolen identity or someone opening a credit card in your name.
If that is the case, address those issues with the reporting agency before you apply for the position.
If the bad credit on your report is actually yours and you really want the job, it is best to be upfront about the situation right from the start. Companies pull credit history to show reliability and trustworthiness about the candidate.
If you are not paying your bills and continue to take out credit, they are going to be very wary about hiring you for the position.
On the flip side of this is the person that ran into bad credit situations because of unforeseen circumstances. For instance, perhaps you were injured and without income for a period of time.
Maybe you are going through a divorce and a split of assets that has caused payments to become late. If there is a legitimate reason and you can explain it, you may still be eligible for the position.
In fact, your honesty regarding the situation may even give you a leg up on other candidates.
If you have bad credit, it will be an uphill battle with a company that requires a credit report for all candidates. However, not all hope is lost as some situations can be explained away.
Pull your own report so you know what you are up against and be honest with the employer. At that point, all you can do is interview well and hope they can see past the one unfortunate moment in your history that caused the negative credit.