Employer credit checks are preventing the nation’s hardest hit job seekers from entering the workforce, a new study shows.
One in four unemployed Americans have been required to go through a credit check when applying for a job, and one in ten have been denied jobs due to information in their credit report, according to a survey by think-tank Demos of about 1,000 low- and middle-income households with credit card debt.
Six out of ten private employers check the credit histories of at least some of their job applicants, and 13 percent conduct them on all candidates, according to a survey by the Society for Human Resource Management.
http://www.forbes.com/sites/kerryhannon/2013/03/16/has-your-credit-repor...
In this current economic situation bad credit shouldn't be a factor