Country Best Resume    
Real Success Stories   |   Sure Fire Interview Questions   |  Fastest Growing Occupations   |   College Degrees - What's the Difference?
Country Best Resume
Country Best Resume
YOUR CREDIT - IT MATTERS
Don't Let Credit Keep You From Landing Your Dream Job

In a recent article published by the NY Times, a new trend has emerged among employers. A job seeker should add credit check to their list of things to do along with their resume revamps. Companies are now screening applicants´┐Ż backgrounds more often and more thoroughly than ever. Here is what employers are looking for:

  • On-time payment histories
  • Late payment trends in excess of 120 days
  • Bankruptcy
  • Lawsuits
  • Government Liens
  • Identity Confirmation
Thanks to scandals like Enron, many companies have added credit reports to improve their background checks and raise their hiring standards. Employers or screening firms can purchase credit reports for $8-$12. And due to tight restrictions and lawsuits regarding references, credit checks are becoming the preferred candidate quality barometer.
Background checks may include:
  • State Wide Criminal History Reports
  • County of Residence Criminal History Check
  • Worker´'s Compensation Claim History Report
  • Driving Records/Motor Vehicle Report (MVR)
  • Social Security Number Trace and Validation
  • Employee Credit Report (PEER REPORT)
  • Federal Record Checks
  • Drug Screening
  • Applicant Assessment Testing

Employers evaluate the reports in different ways. Some look for a good payment history as a sign of responsibility. Others look for red flags that may cause someone to do things that are uncharacteristic to due pressure caused by large unpaid debt. For example, a bankruptcy may not cause as much alarm as a candidate who is 120 days past due on several bills.


What is good credit? According┬ Mortgage Links, a NY based mortgage firm, and Prudential Appleseed Realty, FICO scores above 680 are considered fair or good credit even during our current credit crunch. Under most government backed loan guideline, 680 is the base score for approval. New homeowners are classified in three main categories, A (680+), B (550 to 630), C (below 550). To check your credit visit: be sure to check with your state for a free credit report.

www.experian.com

www.equifax.com

www.transunion.com


Under the 1996 Fair Credit Reporting Act (http://www.ftc.gov/os/statutes/fcra.htm), companies can review credit reports of applicants and employees only with their permission. Typically, job applications include a yes-or-no check-off box. Saying no to a credit review raises the same red flags that bad credit does.


It is imperative to check and maintain good credit now, in some cases, your job depends on it.

If you have any information relating to this topic please contact us at customerservice@tcbsolutions.net. We want to hear from you.

 

- Staff Writer

 

We can also find this articile in Published.Com a Free directory listing service for authors

 
Please rate the above article: 
 
Not Helpful Helpful

(Your feedback will help us improve the quality of our information.)
 
Do You Know What Your References Are Saying About You? CLICK HERE to find out
   
Country Best Resume Country Best Resume
 

PROFESSIONAL RESUME SERVICE 

Job

 WHY CHOOSE US

800.409.8979

Be The Chosen One - Let us help you Stand Out of The Crowd

  • More than 70% of our clients secure interviews withn 10 days of posting their resume
  • We have a proven track record of success
  • Top colleges and universities have cited our tips and strategies
  • We do not use templates - each resume is tailor made
  • Our clients are more likely to  be contacted by a potential employer
  • Our resumes consistently outperform the competition
  • Our resume writers effectively blend time tested strategies with innovative approaches
  • We offer Discounts fto former and
    current Military Personnel
  • We offer personal one-on-one service
  •  We offer complimentary lifetime back up storage on our system
  • Discounted rates for resume updates for existing clients

 

Testimonials

"Your interview questions and preparation were instrumental in helping me build the confidence I needed...and guess what? I got the job "
- A. Yeung

View All Testimonials
EXECUTIVE
RECRUITMENT SERVICES
Credit Cards
MacfeeVerisignauthorized.net
 
Proud Member of:
Country Best Resume Country Best Resume
  CMANRWA  
Country Best Resume Country Best Resume
 
 
Country Best Resume Country Best Resume
Country Best Resume
 

About Us | Resume Services | Resume Writing Tips | Job Search Database | Resume Pricing | Contact

Copyright ę TCBSolutions.net, 2008. All Rights Reserved - How bad credit can affect your chances for employment by CountrysBestResumes.com -  Resume Writing Services 

No portion of this site may be reproduced without consent. Tcbsolutions.net - For more information contact us at 1.800.409.8979