Can employers checking credit reports?
Dear Deb:
I just interviewed for a job and they asked for permission to check my credit records. They said that they would provide me with a copy of the report they receive. I don’t have anything to hide. I am just concerned about this employer and if they are going to make a practice of checking into my private life. Is that a normal request for a person applying for a marketing position at consumer products company?
Thank you!
Karl, San Diego, CA
Dear Karl:
Yes, as of the writing of this article, it is permissible. Employers look for things such as foreclosures, maxed-out credit cards, and delinquencies. The idea is that if you are reliable about paying your debts and responsible with your personal finances, you are more likely to be responsible and reliable on the job. There may be specific laws in some states with limitations. There have been discussions in Congress about updating the Fair Credit Reporting Act to limit an employer’s ability to check applicants’ credit histories. So, this could change at some point. Also, beware that employers may run checks into your driving record and court record. It may be wise to check these records yourself, so you know what the prospective employers may be reading.
If you have a question for Deb, please email debra@careersdonewrite.com. The Ask Deb column appears every Friday on our blog at the Careers Done Write website.