Looking for a job but not getting any? Maybe your credit score isn’t good enough.
Many employers, these days, are checking the applicant’s credit score to filter the pool, and shortlist the selected few. So if you miss payments on your mortgage, car loan, or electricity bill, you could just lose an opportunity of getting a job.
A recent survey conducted by Society of Human Resource Management says 60% of employers have started checking applicant’s credit score before inviting them for an interview. In 2003, the percent was only 35% and a mere 13% in 1996. Continue reading