Comments on: How A Good Credit Score Can Help You [Infographic]

By: Marki

Marki — Sat, 05 May 2012 18:41:38 +0000

Right on Bill
I’d like to see every1 one of them blown up & employees hanged from street lamps.
There all a bunch of fucking creeps if you don’t have credit your nothing
I ‘m going to beat the next motherfucker to within a inch of the fuckers life for anything that says i have bad or no credit,then just maybe they will get the hint i don’t give a shit anymore.

By: Bank debts and bad credit loans | Modern Tech World

Bank debts and bad credit loans | Modern Tech World — Wed, 19 Oct 2011 10:38:52 +0000

[...] lenders in turn impose huge interest rates for bad credit loans to yield better income. Thus for any business to make fund flow it uses these three possible types [...]

By: Taruu

Taruu — Thu, 22 Jul 2010 05:31:53 +0000

Very good idea. Concise and to the point. It helped me understand it better. Thanks.

By: Interesting Reading #534 – Driverless cars, iPhone Tethering, Best Paying College Degrees and much more… – The Blogs at HowStuffWorks

Thu, 22 Jul 2010 01:07:47 +0000

[...] How A Good Credit Score Can Help You [Infographic] [...]

By: JiN

JiN — Wed, 21 Jul 2010 14:50:58 +0000

Glad it’s happening now instead of 10 years ago because with my skill set I can easily pick and choose where to be employed. I have been also lucky to find great employers who don’t try any of this nonsense. 10 years ago I had to deal with agreements that every piece of code I write (even during my off-hours) belongs to the employer. With this round of interviews, it was the credit reports. What is I have a dispute on there with porno manufacturer who sent the wrong type of edible underwear? Is that something I want anyone seeing? As a former System Admin I can tell you that some of the stuff employees (especially at the higher levels) leave behind on their workstation or laptop is unbelievable.

By: Miranda

Miranda — Wed, 21 Jul 2010 13:58:11 +0000

Some employers are interested in using your report to determine if you are in enough financial distress that you would consider embezzling or taking bribes for proprietary information or other activities. And, of course, insurance companies use a version of your credit report and score to determine your likely level of responsibility. Like insurers, some employers are starting to equate responsible behavior in finances to responsible behavior in other areas of life. I’m not saying it’s fair or even that it should be happening; I’m just saying that’s the way it is.

By: JiN

JiN — Wed, 21 Jul 2010 13:49:42 +0000

Employers which check credit reports are not worth working for. I have gone through a few initial interviews and once they request I sign a release so they can get my credit report. I pull myself out of the interview. I have had a company call me back and wanted me to accept the job without the need for the credit report. I still declined. I was able to find an employer that doesn’t play any of these games. I am a software developer and do not see how my credit report should affect my 15 year Work Experience.

Miranda, I don’t see how being late on a monthly payment to my credit card is a vulnerability to my employer? Or even a security risk? You would get more information by retrieving a person’s criminal record. Getting caught shoplifting is a problem, selling stolen goods is a problem. Know what is not a problem? Not being able to pay your mortgage for a few months because you were unemployed. If you wanted to stretch it you can say that ordering 12 CD for a penny under 10 different aliases is a problem but a minor one.

This is as idiotic as the Phone Quiz that companies had employee take a few years back. I was in a company that adopted this policy and I was not required to take it until I took a 3 month leave of absence and returned to work. A month later I was approached by HR that I had to take this quiz. After pestering me for weeks and a off-the-record remark that I was going to get kicked out on my butt, I took the test and intentionally failed it. “Yes, I would approach the co-worker stealing from the company and request a cut of it or I would report him”. Stuff like that. Immediately after the test I handed HR and my manager a resignation letter.

By: Miranda

Miranda — Wed, 21 Jul 2010 12:27:37 +0000

Brian: It’s true that the infographic could have been more clear. And it is true that employers must get your permission before checking your credit report (and they don’t get your score). However, I think the point the infographic is trying to make is that more and more employers are interested in your credit history, and some employers — especially those that deal with sensitive information or those hiring for security — are interested in knowing whether you have certain vulnerabilities. But, even though employers don’t check your credit score, if they do check your credit report, they can get a good idea of what your score might be, and see your overall credit habits.

By: Tenni

Tenni — Wed, 21 Jul 2010 11:55:15 +0000

a good credit score isin’t proof of “financial prudence,” it means your a good little ant and you take out nice loans and are dependable to always keep paying them.

You keep a balance on credit cards, and you probably make regular payments on other big loans (house, car, boat, etc.)

Act “prudent” and do things like make big purchases with cash and kick the credit cards and your score won’t go up.

By: Jenix

Jenix — Wed, 21 Jul 2010 11:53:23 +0000

Credit is just another word for debt. There’s this huge conspiratorial collusion occurring across a number of industries, and a “sophisticated” philosophy used to ensure that people remain debtors for the vast majority of their lives. It’s one of the most ***** up and insidious problems with modern living.