Allied Credit Consultants of Orlando, Florida, is a company that helps creditors collect delinquent debts and helps consumers recover their credit.
While potential employers do have to get your permission to check your credit, a 2012 survey by the Society for Human Resource Management found that 47% of companies use an applicant’s credit history to help determine whether to hire them. While it’s usually not the deciding factor, it can play a big role, especially with finance-related jobs.
In addition, the survey found 45% of the companies used credit checks to help prevent embezzlement or theft. However, if you have bad credit, all hope isn’t lost. The same survey reports that 80% of the companies that do check credit reports have still hired applicants with negative marks on their credit report. Still, when your credit score can affect your ability to get a job, it literally pays to have good credit.
