You Can Work for Obama if Your Credit Scores Rock
November 14, 2008 by awjolls
Filed under Credit News
Want a job with Obama? Get ready to get your credit score checked. A 7-page questionnaire for potential applicants has surfaced and credit scores are on the list [sort of]. The list asks about tax liens, collections, and other financial issues you or your spouse might have faced in the past. As these are items that appear in your credit report, I think candidates credit scores are going to matter.
Ready to cry “Big Brother Tactics”?
Well, don’t point a finger just at the government. Over 20% of all employers are checking credit EVERY time according to a study by the Society of Human Resource Professionals. Plus, that study was done a couple of years ago, so I suspect that the numbers are even higher now. Yes, this is legal. Yes, it is common. Yes, you need to be aware of this.
How about an apartment search? Over 59% of landlords reportedly check credit reports/scores as part of their application process.
The reality is that credit scores are used for most important decisions we face. It should be no surprise that Obama’s staff applicants are under this kind of financial scrutiny.
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