6 Myths About Credit Report Checks by Employers

Competition for decent jobs is fierce these days, but are employers weeding out undesirables by analyzing every applicant's credit report? Forget what you think you know about employers' credit check process --the reality may surprise you. Myth No. 1: Most employers pull all applicant's reports: If you do have credit problems, you just may be safe from scrutiny. The 2010 Society for Human Resource Management report, "Background Checking: The Implications of Credit Background Checks on Hiring Decisions,"found that only 13% of organizations conduct credit checks on all candidates. Read full article below.