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There are a lot of things that can affect your job search. Most people know that their work history and relevant experience matter. But many do not realize that their credit score can actually weigh a lot as well.  Instead of hiding your head in the sand when it comes to your credit score you should be proactive and fully expect a credit check to be a reality. In today’s world it’s a good idea to expect a drug screening, criminal background check, and a credit pull. If you find you’re having a hard time finding a job and have less than perfect credit, this could be a big reason.

What Credit Scores Communicate

Many employers want to know the people they are considering are responsible. As an adult, you have the responsibility of taking care of your finances. If you aren’t good with finances, this will typically reflect on your credit score. If your credit score is bad, it sends up red flags to any potential employers. They can’t see the circumstances behind the low score, and it can give them a negative impression. While you may be a perfectly responsible and dependable person, they will only see the score and the information provided. As unfair as it sounds, in today’s economy it’s an employer’s world. You have to adapt if you want to move forward.

Potential Hire Credit Checks

In the past credit checks were commonly done for those applying in the financial sectors. Today, they are much more commonplace. A potential hire credit check is completely legal too. The Fair Credit Reporting Act of 2001 made any general financial history of yours available for any organization that you come into contact with; whether it be for a job, insurance or for more credit. These checks are limited to what they can show. For instance, these organizations will not get to see what your FICO score is or see any information regarding your account. These organizations can, however, see if you have any type of tax judgments or liens against you.

Be Prepared for Credit Checks

When it’s time for you to go out in search for a new job, be prepared for a credit check. Pull a copy of your credit before you start hitting the streets. This will give you a good idea of any problems you may face. You can also have a chance to explain potential pitfalls to the employer. They have to let you know they plan on pulling your credit. Being armed with the information will put you a step ahead before you even start.

Maintain Your Credit Score

If your credit is already at a good place, then you should do a few things to keep it there. Don’t get in over your head, for example. You don’t want to see how many credit cards you can get, this can easily get you in more debt than you can handle. This all comes down to living within your means. With an unstable economy you need to focus on staying ahead. If you don’t need it, don’t buy it. Keep up with all of your payments, skipping any can do a lot of damage to your credit. If you’re falling behind on your credit card payments, then talk with your lenders to negotiate payment plans and look into reducing your interest. If you’re in a position where you know you can’t pay your cards or you’re going to fall behind take some time to look in to free credit counseling programs. These look much better on your report and will increase your odds of getting a job.

Need more information about credit scores and job searches? Get in touch with the career professionals at Davis Staffing today.