Most people know that your credit report history can affect the rates you pay for mortgages and auto loans. Few people, however, are aware of how your credit history can affect employment. The majority of employers conduct a background check on their applicants and many screen for credit history. This used to be prevalent only in the financial sector, but it is a now widespread practice. A poor credit report history may signal to an employer that you are not trustworthy, are unable to manage money and may compromise the company. Before applying for a job, it is helpful to get a copy of your credit report history.
Some employers feel that poor credit shows some lack of responsability. Jobs that require money handeling, these employers worry about someone becoming desperate.
if a credit check is done by employers can a bad credit affect getting the job.
Integrity, character and a few other things along those lines. also
Yes very much so, when you have bad credit the employer they look at character and trust issues,
Yes.
Yes, your kid can apply for financial aid themselves, even if they have no credit or bad credit. Federal financial aid does not look at credit rating or employment status.
no it does not affect your children's credit rating. credit score is based on how an individual uses credit, not on how other people uses credit. what possibly may happen is children may learn thier parent's bad credit habits. if a consumer needs a co-signer (parent) then if the parent has a bad credit rating that will affect the loan
no
Bad credit will affect your APR on any new loan. Most banks use a tiered credit system to determine APR.
A Lot.
It has the same effect on the credit.
Yes they do have cars loans for people with bad credit. But one thing you must have is proof of employment. And also have a place tolive and a phone number you can be reached at.
as long as your credit file contains negative information it will always impact your credit score
A short sale will have a detrimental affect on your credit record but not as bad as a foreclosure.
If you have bad credit you will not only have a hard time getting a loan, but you will be charged a higher APR. As a result, your mortgage payment will be higher than if you had good credit. If you already have a home mortgage, having bad credit will not affect it. If you have bad credit and go to get a mortgage, you run a risk of being denied a loan until bad debts are taken care of and even then you may have a higher rate.
Yes, You CanAnswerBad credit would only affect you if you planned to buy the handset on credit terms.