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Trying to Land a Job? Poor Credit Scores May Hurt Your
Chances
Many employers are now looking at an applicant's credit report
for hiring purposes. During an interview process a potential
employer may request your written consent to access your credit
report. A credit report is essentially your credit history
created by CRAs (also known as credit bureaus). Debtors that
grant (or deny) you credit make regular reports about your
account status to CRAs. This information is then aggregated on a
credit report and calculated into your "credit score".
Besides your credit history a credit report also contains a
substantial amount of sensitive personal information. This
includes your date of birth, social security number, telephone
numbers (including unlisted numbers), current and previous
addresses, employment, credit payment status and even legal
information. The federal Fair Credit Reporting Act (FCRA) has
made regulations too keep this information private. There are
state and federal laws on who can obtain this information and how
they can use it. However as mentioned earlier, any potential
employer can access this information upon your written consent
and take it in account during your hiring process.
What can you do? Depending on where you live you can may be
entitled to receive a free copy credit report. Your may also find
about who has viewed your credit report and other related
information. For information we recommend visiting
www.privacyrights.org
In some cases your credit report may contain inaccurate
information which can very detrimental to your credit score. In
this case it may be a good idea to get some help disputing and
repairing a damaged credit report. One reputable company, Onyx
Credit Repair has the resources and expertise to assist you in
this situation. Visit their website at
http://www.onyxcreditrepair.com.
It seems that having a strong credit score will continue to
become increasingly important in this day and age. It is
unfortunate that your credit report can be exploited for hiring
and/or marketing purposes. It is legal for credit bureaus to
generate selling lists of consumers who are more susceptible
"pre-approved" credit card and insurance offers. You can however
prevent credit bureaus from taking advantage this information.
Visit www.privacyrights.org or contact Onyx Credit Repair
(http://www.onyxcreditrepair.com) professionals for more
information.
Onyx Credit Repair has been assisting clients with effectively
repairing their credit scores for over 17 years. We offer credit
repair consultants who assist our clients throughout the duration
of their credit repair. For more information about our company
please visit http://www.onyxcreditrepair.com/company.html
MORE RESOURCES:
Credit - Google News
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