Detroit Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Finding a job & your credit score...
Just saw this on the Today show during my workout, they did a Money segment, since we're on the Money theme today...your credit score can affect you finding a job. I was just as surprised as Ann Curry when the guy said it!
Re: Finding a job & your credit score...
I was surprised but i don't think it's necessarily a bad thing.
I have AAA insurance and they check my score. I get a notice every 6 months with an update about how it affects my overall rate. I agree that credit score will probably start to factor into many other areas..
I agree with that, but on the other hand... if you have been out of work for a year and are trying to get back into a field like IT or something non-finance related I think holding your credit score against you over another candidate kind of sucks. Odds are over that year you had to charge more and maybe carry balances more than you would have normally (assuming you didn't have a ton of savings to use) and I can see how that would perpetuate people who have been out of work longer to be looked over. I don't know - I guess it depends on how each employer decides to use - how much weight they give it in the hiring process.
i agree with both posts. i think the person should have the right to tell their story as to why it might be bad. i don't blame the employer for checking though.
It's all kind of interesting, I know H had a pretty extensive background check in order to pass a character assesment to be a lawyer (b/c they manage client money), and some of his friends had to appeal being rejected b/c of small credit issues,or things like losing their home, short selling, even over draft fees in their accounts. I don't know if anyone else feels this way, but I kind of think some things that have happened in the last 3 years or so employers may be a little less hard on people b.c of the real estate situation and other economic conditions.
Wow, I don't think they got that in depth when I did my background check. I know my fingerprints went to the FBI and state police, but I don't remember anything about a credit report. I guess that's new since I did it 6 years ago.
I agree with pulling them in some situations, but not all careers require it and employer should give a chance to explain anything during an interview otherwise they could miss out on a great employee.
There is no privacy at my work. They have to know where we invest, what companies we have stock in, and I have to disclose all of DH's money info too.
When I did HR at my last job, we would run credit checks on certain positions.
I agree too. I definitely could see how an employer would want to know if the person they are looking to hire has serious financial issues. If someone is desperate financially, they may do something like steal to pay their debts. Or a poor credit report may reflect a long habit of poor life choices which leads to questioning their ability to make sound decisions at work.
But I can also see how the last few years may have brought many people into an unusually poor spot financially with lengthy unemployment, etc. I would imagine most employers checking things now would be more open to accepting someone with a bankruptcy or high debt load now.
I agree! You never know what someone's situation was and to judge their work ethic based on their credit report isn't right. I do see where someone with bad credit might be looked at as someone with poor choices, but that isn't always the case. I had horrible credit out of college, but I would consider myself to be a damned good accountant and would never steal anything.