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Mykle Ykle

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Should employers not hire you or fire you when they discover your bad credit history?

It has been a sad situation for me and many others in the USA (I don't know if this is an issue worldwide) I have great qualifications and work experience. Yet, in the majority of states you are obligated to submit to a criminal background check which is completely understandable, but that also includes a credit check. I understand that a credit check should be mandatory for executive, banking, casinos and industries directly involving money. Sadly, those of us with bad credit are being discriminated for regular jobs i.e. retail, call centers, customer service.

The government, banks and debt collectors wants their money, as they should. Yet, if you have bad credit, it's a lot harder to find a job making it impossible to get out of debt, let alone be a productive citizen.

This is an issue that is not widely discussed, I've searched online and there are some bills being proposed to end this discrimination but I don't think is really going anywhere.

I would like to have the TED community input in the most civil way possible.


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  • Feb 6 2013: I have hired people with good credit, bad credit and no credit histories with no problem. I don't think it matters at all.
    I have had more problems with managers who steal equipment for their families even though they make $100,000+ and don't need the charity, than I ever had with an employee who was having credit problems.
    For them, I would go out of my way to provide over time (if possible) to help them out of their situation.

    A more important criteria for hiring is personality and how that person "fits" in to the existing culture you have created at your company.

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