Your Job Search Can be Affected by credit Reports

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Believe your credit record is just used to find out your creditworthiness? Think again. Your job search can be even affected by a poor credit report. The connection between one's credit rating and one's employability is more powerful than ever. With a tight job market employers want to ensure they are able to trust their staff and many employers view bad credit as a sign of irresponsibility and risk.One survey by the Society for Human Resource Management shows that in 2004 about 35% of employers used credit investigations as a prospective worker testing method. This is a substantial increase from previous years and the tendency does not appear it will reverse itself anytime soon.So how does one ensure their credit score will not affect their job search? The initial step is identifying what's on the credit report. The Fair and Accurate Credit Transaction Act of 2003 (FACTA) afford them the ability for anyone to get a free copy of these credit report one per year. If you have not tested yours currently this will be a good destination for a start. Even better, sign up with a credit monitoring service for near immediate notice of changes to your credit.After finding a copy of your credit report it's very important to clean up any places that'll affect your task search. While your job search can be affected by an overall score, Title 11 of the U.S. Code prohibits employers from discriminating against someone who has filed for bankruptcy. Also, if your job application is denied because of bad credit the manager is required to inform you. Once you understand these rights can defend you in the future.Before beginning that job search take some time to review your credit and clear up any concerns. Should you see any warning flag make sure to understand your rights under Title 11 of the U.S. Rule. You do not desire to lose out on your dream job due to a few overlooked costs from yesteryear.