TED Conversations

Mykle Ykle

This conversation is closed.

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.


Showing single comment thread. View the full conversation.

  • thumb
    Mar 6 2013: I agree with ZX style, credit history is obviously for money not being paid. As an employee so are performing a service and getting paid for it.
    Maybe an issue would be as a risk management agent, or other jobs that require to handle money and investing it.

    (this would be a reason why I would think it would be negative towards a job) A bad credit report may show that the individual may not be organized and cannot handle responsibility for getting themselves in debts that they can't afford, however that is not the case with everyone. Therefore I would think that there would be better ways of qualifying an future employee.

Showing single comment thread. View the full conversation.