UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next
Author: PosFCF Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 464941  
Subject: Re: 25% are "credit pariahs" Date: 3/25/2013 12:53 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 6
As long as there are more applicants than jobs, HR departments need to turn some people down. If you have two equally qualified candidates, one with a pristine credit history, and one with issues, who would you pick?

Well, I guess that would depend on a lot more than credit score. If the job required someone who could "think outside the box" would the 'pristine' credit individual really have an edge? I think I'd lean more toward the one with the more dodgy report.

If one person has child support payments that are showing delinquent because they've been unemployed will they really be less likely to show up and do a good job?

Of course, if the HR person is really looking for simple ways to winnow down the field of applicants, then eliminating those who are currently unemployed would be a good first cut, then scrapping those with less than stellar credit ought to do quite nicely. But then it would seem that the exercise is about winnowing the field, not about finding the best fit.

Poz
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Dividend Growth Investing

Good Time for Dividend Champions?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement