Increasing A Bad Credit Score–Better Credit History May Help Unemployed With Job Opportunities

Some unemployed men and women have attempted to increase their bad credit score as there are some reports which may suggest that a job seeker’s credit score could weigh into an employer’s decision to hire a worker. While this issue has been something that is highly debated and often seen as unfair, there are job opportunities that may have been lost for some individuals who may have a bad credit score or poor credit history.

Concerning employers using a bad credit score to disqualify someone from an employment position, many individuals who are out of work suggests that this is counterproductive to the unemployment problem and only causes further difficulties for individuals who may have a low credit score. There are arguments that sudden job loss, which created an inability for certain individuals to meet all of their debts, has generated a bad credit score, where an individual would have otherwise had a positive score and credit history.

Some workers who suddenly lost their job or saw drastic cuts in their wages default on debts in some cases or, in many instances, lost their home to foreclosure, which obviously does a great deal of damage to one’s credit score. The situations which have created a bad credit score in the lives of many unemployed men and women are, seemingly, creating difficulty when it comes to finding an employment opportunity, which could give someone the income to repair their poor credit score.

Understandably, some employers will look at a credit score to see how responsible a possible worker is with their personal finances, and this can give insight into an individual’s character in some cases. Yet, unemployed men and women who may have suffered a credit score drop as a result of sudden unemployment argue that using a bad credit score to disqualify an individual from a job is simply unfair.

Employers do argue that a bad credit score is not the only factor when considering someone for employment position and many employers don’t even check on an applicant’s credit history, but there are still those who feel that a worker’s credit score should have no bearing on how an employer may view their work ethic and whether or not they will be an asset as an employee.