Reasons
- It is becoming more common for employers to run credit checks on potential employees, especially in the financial and banking industries. If your credit history is spotty -- containing repossessions, defaults, judgments and liens -- it can hinder your ability to get a new job. Some employers look at your credit history as an indicator of your responsibility and will not hire you if you appear unable to manage your finances. In addition, when it comes to jobs where you'll have access to cash or other people's assets, some employers believe -- perhaps inaccurately -- that those with significant financial issues are more likely to steal from the company or clients.