More and more employers are looking at prospective employees’ credit files, and your credit score can be used to determine whether or not you’ll be hired or promoted in today’s job market.  The U.S. Military, certain government agencies and numerous companies require an employee to have good credit in order for that employee to be considered for positions that require a security clearance.

It’s common knowledge that apartment managers have been looking at the credit of potential renters for years.  Today, more and more landlords are also getting into the act and deciding which potential renter gets to rent their property by looking at their credit file.

Is it fair to be lumped into a group because of your credit score?   If the items on your credit report are accurate, a case can be made that these practices are fair.  Insurance companies claim that consumers with better credit scores tend to have fewer claims and, as a result, the cost to manage their accounts is much less than consumers with bad credit scores.  Most employers will tell you that employees with better credit tend to have fewer sick days and are generally considered more reliable and trustworthy, thereby lowering the cost of employment.  Apartment managers and landlords can give us statistics that show renters with good credit take better care of the property and tend to pay their rent on time.  So, while this practice may seem unfair, who can blame someone for wanting to do business with a person that has good credit?

We at National Credit Solutions understand that bad things happen to good people.  Have you ever noticed how some people blame others for everything that goes wrong with them?  Individuals that have good credit tend to accept responsibility for their actions and, when they’ve made mistakes, resolve to make better decisions in the future.  If you’ve had bad things happen in your past and your credit scores have suffered as a result, if you’re ready to accept responsibility and do something about it, please feel free to contact me personally.  I’d like to speak with you, find out what your goals and dreams are, and see what we can do to help you.

Brad Boruk
FCRA Certified Credit Strategist
National Credit Solutions
214 504-7101