/ Asked by Tanya
Why do employers check your credit as part of a background check?
Answered by Susan, Hiring Expert at Praxair, Inc., on Wednesday, January 11, 2012
If you are being considered for a job that entails dealing with money, securities, other financial assets/information, the employer may check credit history to see if you are a responsible adult and if you deal with your own financial situation in a responsible manner.  If your credit history shows otherwise, they may assume you will "repeat history" and not handle the company's assets/property/financial matters any differently.  Having a clean credit history, paying your bills on time every month, not having lots of debt (i.e. balances on credit cards) is a key success to your future so treat it very carefully.
Answered by Jennifer, Hiring Expert at AT&T Inc., on Thursday, January 26, 2012
Credit history may be important if you are applying for a job that deals with cash or other financial information. Not all employers require this for every position.
Answered by Nicole, Hiring Expert at ManpowerGroup, on Monday, December 17, 2012
Employers, with you permission, can check your credit history as part of the application process. I would however only recommend agreeing to this if you are sure they are a reputable company and you are interested in moving forward. I often hear that job seekers will receive an email from a company they have not met with asking for their social security number upfront. Never give this information to someone you do not know! Typically the credit check will only be done after an interview and it can be a good sign that they are interested in you! Many financial institutions or positions that involve gaming, banking or securities will check credit to see if you are responsible or financially stable. Not all companies run credit checks, actually more do not than do.
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