The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: Credit Card Debt - Best Approach?||Date: 10/7/2012 3:44 AM|
|Author: joelcorley||Number: 306019 of 311357|
BossGman2 wrote, 4. How will this affect his future employment opportunities if they do a credit check?
To which you replied, Badly, if they do it. But almost no companies actually do this. Just financial sector or military contractors I think. I've never had an employer do it for me in 25 years of working.
This hasn't been my experience. I'm a computer programmer and I do not work in either the financial or military sectors. I just took a job in the Seattle area with a major corporation here. They pulled my credit report as part of a background check.
It should not be possible for me to do things like embezzle funds or sell military secrets. However, I will be privy to product plans of the company and its partners. This company decided that knowing my financial situation is important to understanding the risk I might pose to the company's intellectual secrets.
So I would say that a bad credit report can affect your career in unexpected ways. And I would also say that the more you make, the more likely it will affect you ... at least as long as you are not self-employed.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|