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EyelashExtensions
11-18-2008, 09:11 AM
Do you think employers should be able to run credit checks on their employees or people applying for a job? I don't think employers should be able to, it would have no reflection on a persons job performance. If anything it would make them want to work more! Opinions please...

EyelashExtensions
11-18-2008, 09:16 AM
I agree jb, a friend of mine's employer started to run credit checks. I don't think it's any of their business. A person could have had a rough spot and they get turned down to work because of credit.....that's just absurd.

Xzavia
11-18-2008, 09:37 AM
Depends...does the job have the person handling a great deal of money?


Employers Look for Responsibility

Many employers believe running an employment credit check is an absolute must if the applicant under consideration will be handling money, be disbursing money or equipment, or be placed in a position of financial trust, sighting a possible correlation between high debt and, for instance, the possibility of embezzlement.

Credit history may reveal several qualities of an applicant's financial status, such as debt load and potential debt load. The employment credit report can identify the possibility of financial problems that may adversely affect an applicant's performance on the job.

An employment credit report provides an easy-to-read insight into an applicant's financial responsibility as well as listing any aliases, bankruptcies, liens, judgments, credit cards, loans, mortgages, collections and summaries of the individual's payment patterns. Reports may also contain previous employers and addresses.



From here >>> http://hotjobs.yahoo.com/interview/Why_Do_Employers_Check_Your_Credit_Report__2005112 9-090936.html?subtopic=After+the+Interview

hp2
11-18-2008, 09:43 AM
to me.. Your Credit should have nothing to do with your job or capabilitys of working.. TO Me its WRONG.. and invasion of PRIVACY.

EyelashExtensions
11-18-2008, 09:47 AM
I don't think handling money would have anything to do with requiring a credit check. It doesn't make that person a criminal or mishandle their employers financials. I could understand for a loan company or person at a bank who does loans, but beyond that no way.

dancingqueen
11-18-2008, 09:47 AM
Well as Xzavia mentioned, if there is the handling of large amounts of money involved, for the safety of everyone else's job security, as well as to protect the employer (Ya, I know they have rights too) A credit check is important to do so they know if there is a strong possibility of embezzlement. people in bad financial situations will do some very desperate things.
Try to see something like this from the employer's view.

dancingqueen
11-18-2008, 09:49 AM
I don't think handling money would have anything to do with requiring a credit check. It doesn't make that person a criminal or mishandle their employers financials. I could understand for a loan company or person at a bank who does loans, but beyond that no way.

What's the difference between those jobs and say a Casino worker? or anyone else that handles large amounts of money?

lynys
11-18-2008, 09:56 AM
Not every job. I handle money everyday. I guess if you are gonna be dishonest, you will eventually get caught. Maybe the employer has been screwed in the past, and found it to be too much hassle, so they want to cover their ass. I can understand it both ways.

EyelashExtensions
11-18-2008, 10:05 AM
What's the difference between those jobs and say a Casino worker? or anyone else that handles large amounts of money?



Because a loan officer deals with credit, so it would be hypocritical to have an employee with say a defaulted loan. But a call centre who's employees don't deal with cash or anything to do with cash, that's ridiculous. A person who handles large amounts of cash also would have more then likely worked their way to that position, or have references to back them up that's not what I'm talking about here. I'm talking about everyday run of the mill employment. Most casino workers dealing with cash are in the same type of position as a bank teller. And again, having bad credit doesn't make you a criminal. Lot's of people with good credit steal from their employer I don't see how its relevant.

Strife
11-18-2008, 10:28 AM
Because a loan officer deals with credit, so it would be hypocritical to have an employee with say a defaulted loan. But a call centre who's employees don't deal with cash or anything to do with cash, that's ridiculous. A person who handles large amounts of cash also would have more then likely worked their way to that position, or have references to back them up that's not what I'm talking about here. I'm talking about everyday run of the mill employment. Most casino workers dealing with cash are in the same type of position as a bank teller. And again, having bad credit doesn't make you a criminal. Lot's of people with good credit steal from their employer I don't see how its relevant.

When I worked at a certain call center in the west end, it was a requirement that I get my background checked but I dont think my credit was checked. In fact I cant think of any call center that has checked my credit or even requested to.

SusyQ
11-18-2008, 10:31 AM
Than what is a background check?

dancingqueen
11-18-2008, 10:38 AM
Because a loan officer deals with credit, so it would be hypocritical to have an employee with say a defaulted loan. But a call centre who's employees don't deal with cash or anything to do with cash, that's ridiculous. A person who handles large amounts of cash also would have more then likely worked their way to that position, or have references to back them up that's not what I'm talking about here. I'm talking about everyday run of the mill employment. Most casino workers dealing with cash are in the same type of position as a bank teller. And again, having bad credit doesn't make you a criminal. Lot's of people with good credit steal from their employer I don't see how its relevant.

Oh I completely agree that they should have no need or right to run a credit check if there is no money involved. I didn't know any of the call centres here did credit checks (guess I should read the fine print)

Andre
11-18-2008, 11:02 AM
When I worked at a certain call center in the west end, it was a requirement that I get my background checked but I dont think my credit was checked. In fact I cant think of any call center that has checked my credit or even requested to.

They had your social insurance number, that's all they need. So they could have run a check and not told you.

EyelashExtensions
11-18-2008, 11:50 AM
Don't they have to have your permission to run a credit check even.... They require I.D> and so on for a person applying for your credit report so I don't think they could access it unless you signed a paper allowing them. I'm also talking about retail stores etc.... not Banks, casino tellers or higher ups, corporations etc.. I can understand a criminal records check for retail but not a credit check.

hp2
11-18-2008, 11:54 AM
My husband works for the city.. they did a crimanl back ground check (started in june).. NOT A Credit check.. a credit check is done for a loan.. or mortgage or applying for visa or MC.. or AMEX.... never heard of one done for jobs.

EyelashExtensions
11-18-2008, 11:56 AM
It seems to be happening more and more now.

Madmax
11-18-2008, 11:57 AM
If you can't manage money, how can you manage a job position for management or money.

mags
11-18-2008, 01:18 PM
Depending on who the employer is and what the employees job will be the company could have the legal right to run credit checks.

Strife
11-18-2008, 01:24 PM
They had your social insurance number, that's all they need. So they could have run a check and not told you.

They have to have a written form signed by you stating that you are giving them permission to see your credit history. If you have ever taken out a loan that requires a credit check (I only say that because Instaloans and other payday loan companies dont require a credit check), they will have you sign a form giving them permission to see your credit history. Even when they run a criminal background check, they still need a form giving them permission to do so.

EyelashExtensions
11-18-2008, 01:27 PM
If you can't manage money, how can you manage a job position for management or money.



People go through rough spells, they pay a bill or two late and it goes on their credit score. I know lots of people who have a not so good credit report that are very hardworking, things happen. I wouldn't want someone snooping around to see what credit cards I have or whatever else. Someone loses a job doesn't find employment for 6 months now they have some unfavorable scores on their credit report that could last up to 3 years or more, so they are turned down for employment. That doesn't sound right to me. How are people to get ahead if they're stopped before they get the chance.

cheeky
11-18-2008, 01:29 PM
If you can't manage money, how can you manage a job position for management or money.

Sometimes a person's poor credit is due to circumstances beyond their control at the time, and not about their ability to manage money, divorce for example can put many in a situation where they were once able to manage their finances just fine, but after they were overwhelmed, and it got out of control....

Guest
11-18-2008, 02:41 PM
But a call centre who's employees don't deal with cash or anything to do with cash, that's ridiculous.
No, but they deal with credit card payments.

cutie22
11-18-2008, 03:20 PM
I don't think that it's right that some places do credit checks. Some people are out there trying to find a job to pay off the debt that they owe by doing it the proper way than get denied the job because they have bad credit. That isn't right at all.

Andre
11-18-2008, 04:13 PM
They have to have a written form signed by you stating that you are giving them permission to see your credit history. If you have ever taken out a loan that requires a credit check (I only say that because Instaloans and other payday loan companies dont require a credit check), they will have you sign a form giving them permission to see your credit history. Even when they run a criminal background check, they still need a form giving them permission to do so.

I've had about half a dozen loans over the years all from banks and I've never signed a form for a credit check.
Must be something new if they have to ask.

EyelashExtensions
11-18-2008, 06:27 PM
No, but they deal with credit card payments.


Not always and the place I'm thinking of I'm pretty sure it doesn't.

LIKETOWIN
11-18-2008, 06:33 PM
it doesnt matter what job u apply for, they have no business doing a credit.that has nothing to do with your work abilities.

Strife
11-19-2008, 06:17 AM
I've had about half a dozen loans over the years all from banks and I've never signed a form for a credit check.
Must be something new if they have to ask.

Riiiiiiiiight. I am sure the banks are gonna give you a loan just because you look pretty. Yeah that must be it.

Madmax
11-19-2008, 07:41 AM
Oh i totally agre that people can go bankrupt for various reasons and i agree with certain employers should do checks if it is deemed that the job is for a money managing position or accountant or any major type of management job.

Even a cashier job maybe require indivduals a credit check to ensure also that they don't owe money to that company. Even a sales job say at sears or walmart or canadian tire and so forth may require the same check as if you owe money to say sears in the thousands or went bankrupt on them for thousands. They have the right not to hire an individual based upon that.

Is it discrimination ....... you damn right it is, but can you go to court over it ..... NOPE as it is company policy to do credit checks and they would state they fairly looked over everyone and NOT based upon checks did they make their decision.

Strife
11-19-2008, 08:35 AM
Oh i totally agre that people can go bankrupt for various reasons and i agree with certain employers should do checks if it is deemed that the job is for a money managing position or accountant or any major type of management job.

Even a cashier job maybe require indivduals a credit check to ensure also that they don't owe money to that company. Even a sales job say at sears or walmart or canadian tire and so forth may require the same check as if you owe money to say sears in the thousands or went bankrupt on them for thousands. They have the right not to hire an individual based upon that.

Is it discrimination ....... you damn right it is, but can you go to court over it ..... NOPE as it is company policy to do credit checks and they would state they fairly looked over everyone and NOT based upon checks did they make their decision.

Actually a company can refuse to hire you based on anything except for religion, race, sex, or in most cases, age. If a company wants to refuse to hire you based on a credit analysis, they have every right to do so.

Andre
11-19-2008, 01:12 PM
Riiiiiiiiight. I am sure the banks are gonna give you a loan just because you look pretty. Yeah that must be it.
NO just a customer in good standing.
I'm serious though. They never asked.

Strife
11-19-2008, 02:09 PM
NO just a customer in good standing.
I'm serious though. They never asked.

At one point of another they asked. The probably asked you during your first loan. A bank is not gonna give you a loan without checking your credit scores even if you have been with them for a number of years.

BAILEYDOG
11-19-2008, 02:37 PM
I am a casino worker and we have to go through an extensive credit check everyyear that you work there and an even more thourough one every four years. They check everything.

really?
11-19-2008, 10:23 PM
I worked at the Canadian Banknote a few yrs ago. They asked me for me neighbours credit scores, my dental records, my grade nine teacher's maiden name, my favourite brand of mayo, the frequency of my tooth flossing...