Trying to Land a Job? Poor Credit Scores May Hurt Your Chances

Many employers are now looking at an applicant's credit report for hiring purposes. During an interview process a potential employer may request your written consent to access your credit report. A credit report is essentially your credit history created by CRAs (also known as credit bureaus). Debtors that grant (or deny) you credit make regular reports about your account status to CRAs. This information is then aggregated on a credit report and calculated into your "credit score".

Besides your credit history a credit report also contains a substantial amount of sensitive personal information. This includes your date of birth, social security number, telephone numbers (including unlisted numbers), current and previous addresses, employment, credit payment status and even legal information. The federal Fair Credit Reporting Act (FCRA) has made regulations too keep this information private. There are state and federal laws on who can obtain this information and how they can use it. However as mentioned earlier, any potential employer can access this information upon your written consent and take it in account during your hiring process.

What can you do? Depending on where you live you can may be entitled to receive a free copy credit report. Your may also find about who has viewed your credit report and other related information. For information we recommend visiting www.privacyrights.org

In some cases your credit report may contain inaccurate information which can very detrimental to your credit score. In this case it may be a good idea to get some help disputing and repairing a damaged credit report. One reputable company, Onyx Credit Repair has the resources and expertise to assist you in this situation. Visit their website at http://www.onyxcreditrepair.com.

It seems that having a strong credit score will continue to become increasingly important in this day and age. It is unfortunate that your credit report can be exploited for hiring and/or marketing purposes. It is legal for credit bureaus to generate selling lists of consumers who are more susceptible "pre-approved" credit card and insurance offers. You can however prevent credit bureaus from taking advantage this information. Visit www.privacyrights.org or contact Onyx Credit Repair (http://www.onyxcreditrepair.com) professionals for more information.

Onyx Credit Repair has been assisting clients with effectively repairing their credit scores for over 17 years. We offer credit repair consultants who assist our clients throughout the duration of their credit repair. For more information about our company please visit http://www.onyxcreditrepair.com/company.html

---

Credit Repair Services vs. Do-It-Yourself Credit Repair

Millions of Americans suffer because of bad credit these days,... Read More

Discover the Parts of a Credit Report and What They Mean

So you ordered a copy of your credit report to... Read More

Boosting Your Credit Score To Get The Best Credit Card Deal

Making Your Credit Rating Work For YouOne of the basics... Read More

Low Interest Credit Cards: A Thing of the Past?

With interest rates rising, low or zero percent credit cards... Read More

Top 7 Factors to Consider While Reviewing Credit Card Offers

Credit cards have migrated from being hip or convenience product... Read More

Credit Help for Real Estate Financing: Credit Scores

When you buy real estate, lenders run all of the... Read More

3 Free Credit Reports For You

If you were to tell someone that they can have... Read More

Credit Repair Scams

"Erase Bad Debt !""Remove Negative Items From Your Credit Report"You've... Read More

Various Types of Credit Cards - Part 2

Several different types of credit cards offer several different options,... Read More

Making Sense of Credit Card Fees

In addition to the APR (annual percentage rate) and the... Read More

Why Credit Cards are a Bad Idea

Credit cards are just so convenient, aren't they? There's no... Read More

Minimum Credit Card Payments to Rise

For years, major credit card companies have allowed cardholders to... Read More

Finding the Right Credit Card

There are so many credit cards out there to choose... Read More

Minimize your Risk for Identity Theft

Identity theft is the fastest growing crime in America. According... Read More

Choosing the Best Low Interest Credit Card

With so many low interest credit cards on offer, how... Read More

Free Credit Report ? Watch Out for Scams

Many people may still not be aware of an amendment... Read More

Establishing Credit ? What You Need To Know Part 2

In my previous article "Establishing Credit ? What You Need... Read More

Identity Theft Exploding: Here?s How You Can Avoid Becoming A Victim

Americans are more concerned about identity theft than unemployment or... Read More

Commercial Collections And Credit Granting

It is estimated that billions of dollars in delinquent commercial... Read More

How To Repair Your Credit Report

A credit report is run on a buyer when he... Read More

Check Your Credit Before Shopping For That Home Loan

Review Your Credit Score.Nearly every bank, credit union, and mortgage... Read More

Easing Your Financial Burdens With Credit Counseling

It is a well-publicized fact that more of us are... Read More

Addressing Bad Credit Card Debt

Spending HabitsSo you've just got your credit card. The first... Read More

Identity Theft - Dont Think You Are Immune

As identity theft becomes more prevalent, the need to regularly... Read More

4 Steps You Can Take If Your Online Credit Card Application Has Been Refused

Help! I've Been Turned DownYou received an envelope in the... Read More

Good Credit is King, When Qualifying for Mortgage Programs

If you want to purchase a new home or refinance... Read More

What You Didnt Know About Your Credit Card Numbers

Have you ever really looked at your credit card and... Read More

New Credit Advice: Dont Pay off Those Credit Cards!

Credit needed for real estate mortgage financing differs from credit... Read More

How to Improve Your Credit Rating

So you got into debt, had problems but you got... Read More

Get Your Credit Score To Soar In The Twinkling of An Eye

Ever wonder how a creditor decides whether to grant you... Read More

Building A Credit Report Lenders Will Love You For

Will lenders really love you for having a good credit... Read More

Fight Credit Card Fraud with Common Sense

By now, you have undoubtedly heard of credit card fraud,... Read More

What is Credit Counselling?

Ever wondered what is Credit Counselling? There are occasions when... Read More