Armed with an impressive resume and knowledge of the company you are interviewing for, you confidently approach the interviewer and begin to craft the inspiring ‘first impression’ you envisioned last night as you went to bed.
You may feel prepared for the interview and qualified for the new job, but there is a strong possibility that the interviewer has already formed an opinion about you – through information contained in your credit report.
Increasing numbers of companies are requesting credit reports to assist them in the job hiring process. Essentially, your credit report is your financial resume and employers use it as an indicator of your personal integrity and how and how you conduct your life. With that in mind, it’s alarming that seventy none percent of all credit reports contain errors. A qualified job seeker simply can’t afford to have credit report errors sabotage an excellent employment history.
In the competitive job market, an accurate credit history may be the decisive factor in gaining a job interview. Inaccurate credit reports can torpedo the most impressive resumes, and you won’t have a second chance to make a first impression.
The labor market is not only intense form the job seekers standpoint, but employers also are striving to gain a competitive advantage in the hiring process by accessing all the information available to improve the quality of the workforce. Employers are also more likely to check the credit history of prospective employees who will be involved in some aspect of the company’s finances.
You can use this trend of employer credit checking to your benefit by repairing and/or maintaining a clean credit history. Your credit report is your financial fingerprint, so check it frequently and keep it accurate so you are prepared to jump on the dream job opportunity should the occasion arise.