gerb131
Posts: 9,932
Nov 21, 2011 3:57pm
No. People get sick, people get laid off. It happens.
THE4RINGZ
Posts: 16,816
Nov 21, 2011 4:00pm
Depends on the position you are applying for. Obviously if you will be handling large amounts of some one else's cash, then yes.
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Steel Valley Football
Posts: 4,548
Nov 21, 2011 4:04pm
As the one doing the hiring, I can ask to check anything I want to; credit included.
gerb131
Posts: 9,932
Nov 21, 2011 4:06pm
Is there a direct correlation between bad credit and bad people?
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thavoice
Posts: 14,376
Nov 21, 2011 4:10pm
Employers will also check facebook and such so make sure and be careful what you post for the general public to see
THE4RINGZ
Posts: 16,816
Nov 21, 2011 4:10pm
I don't thnk there is a direct correlation. I do believe that yes circumstances do dictate someone having poor credit but still being a good person. As I mentioned in my initial statement, I believe if a person is being hired to handle cash then, yes, a credit check is justifiable.
LJ
Posts: 16,351
Nov 21, 2011 4:15pm
Anything in financial services yes. Otherwise not really needed.
justincredible
Posts: 32,056
Nov 21, 2011 4:17pm
+1.LJ;982632 wrote:Anything in financial services yes. Otherwise not really needed.
OneBuckeye
Posts: 5,888
Nov 21, 2011 4:18pm
/thread.Steel Valley Football;982623 wrote:As the one doing the hiring, I can ask to check anything I want to; credit included.
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thavoice
Posts: 14,376
Nov 21, 2011 4:24pm
I know people who do credit checks before they rent to someone. They found out over the years that IF their apts do get trashed and not taken care of very well is usually someone with poor credit.
LJ
Posts: 16,351
Nov 21, 2011 4:26pm
thavoice;982644 wrote:I know people who do credit checks before they rent to someone. They found out over the years that IF their apts do get trashed and not taken care of very well is usually someone with poor credit.
Everyone who rents out property should do credit, rental history and arrest record checks
Scarlet_Buckeye
Posts: 5,264
Nov 21, 2011 4:29pm
This.Steel Valley Football;982623 wrote:As the one doing the hiring, I can ask to check anything I want to; credit included.
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Steel Valley Football
Posts: 4,548
Nov 21, 2011 4:37pm
gerb131;982625 wrote:Is there a direct correlation between bad credit and bad people?
There is a direct correleation between bad credit and bad credit people. As an employer, I can decide if I want to hire those people or not.
More than likely there is an existing relationship between bad credit and other negative social behavior, though I'm not sure if studies have been conducted and/or if the results would be difficult to quantify. Because of that, I would personally err on the side of caution.
justincredible
Posts: 32,056
Nov 21, 2011 4:41pm
Dick size?Steel Valley Football;982623 wrote:As the one doing the hiring, I can ask to check anything I want to; credit included.
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Steel Valley Football
Posts: 4,548
Nov 21, 2011 4:47pm
justincredible;982657 wrote:**** size?
I would only want to check things work related. If I'm hiring a male adult film actor, yes.
justincredible
Posts: 32,056
Nov 21, 2011 4:50pm
But if you aren't hiring for a position in finance, how would a credit check be work related?Steel Valley Football;982662 wrote:I would only want to check things work related. If I'm hiring a male adult film actor, yes.
sleeper
Posts: 27,879
Nov 21, 2011 4:51pm
+1LJ;982632 wrote:Anything in financial services yes. Otherwise not really needed.
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gut
Posts: 15,058
Nov 21, 2011 5:13pm
Besides that, if someone has bad credit history or swimming in debt, the odds of default or of not collecting damages skyrockets.thavoice;982644 wrote:I know people who do credit checks before they rent to someone. They found out over the years that IF their apts do get trashed and not taken care of very well is usually someone with poor credit.
I saw one landlord (rental) who would not even consider someone with less than 10yrs consecutive job history or something ridiculous like that. You would have thought the guy was renting a $15k a month penthouse instead of a $1k a month 1-bedroom.
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gut
Posts: 15,058
Nov 21, 2011 5:17pm
Correlation or not, any mgmt or finance/accounting position - if someone isn't responsible or diligent enough to properly manage their personal finances, then why would I trust them with my business? Yeah, stuff happens but it would be my choice if I want to consider extenuating circumstances.Steel Valley Football;982654 wrote: More than likely there is an existing relationship between bad credit and other negative social behavior, though I'm not sure if studies have been conducted and/or if the results would be difficult to quantify. Because of that, I would personally err on the side of caution.
The applicant certainly has the right to refuse a credit check, and I certainly have the right to immediately reject them as a result. As long as no laws are violated, I can request pretty much whatever information I want. That certainly entails additional hiring and search costs, which is probably why background checks are more extensive for directors vs. a janitor.
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queencitybuckeye
Posts: 7,117
Nov 21, 2011 5:32pm
There is one between bad credit and propensity to steal in a cash environment. For money-handling jobs, the answer is clearly yes IMO.gerb131;982625 wrote:Is there a direct correlation between bad credit and bad people?
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I Wear Pants
Posts: 16,223
Nov 21, 2011 5:33pm
If you are applying for a position where you make financial decisions with another persons money? Yes. Otherwise? No.
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Steel Valley Football
Posts: 4,548
Nov 21, 2011 5:57pm
Work performance. If an applicant is not good at managing their own life, they likely wont be good a managing their job. In fact, prior poor work performance might have led to their current bad credit. It's my call.justincredible;982666 wrote:But if you aren't hiring for a position in finance, how would a credit check be work related?
redstreak one
Posts: 1,152
Nov 21, 2011 6:02pm
A friend of mine who works for USEC at the uranium enrichment plant inPiketon must maintain a good credit rating. National security measures I guess.
Mooney44Cards
Posts: 2,754
Nov 21, 2011 6:23pm
If you really want to exclude an entire segment of possibly excellent employees who have bad credit for any number of reasons, that's your prerogative. It's dumb, but its your prerogative.
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gut
Posts: 15,058
Nov 21, 2011 6:37pm
It's just another factor to consider in the overall picture. A marginal candidate with bad credit would be passed over. The credit check does have merit, for all the reasons mentioned. It is your choice to agree to it or not, and it is also your choice to volunteer explanations in advance or not.Mooney44Cards;982787 wrote:If you really want to exclude an entire segment of possibly excellent employees who have bad credit for any number of reasons, that's your prerogative. It's dumb, but its your prerogative.
Of course, given the events the past 3-4 years it's no longer as great of an indicator. It's still information I would want to consider because it still says something about integrity, personal responsibility and basic competence even if it's not perfect.