they will not tell you in your face, they pull a criminal record and a financial, depends what you want to do; for example if you are in a highly secretive software development a low credit score may be seen to make you vulnerable to bribes from competition or news; its an assumption and not really right but people jump to all kind of conclusions.

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Thanks sapphirecapital,

I guess when it comes down to it.. the score is A factor but not THE factor when it comes to employment.

I tell people to pay off debt and never borrow again. Now.. I understand that you want to have a good credit score so that you can OBTAIN a mortgage. But after that.. if a person was able to pay off all their debt... pay off their mortgage too.. and then build wealth... what good reason is there to even have credit anymore?

In my opinion there isn't one.

To me.. people put too much emphasis on the "score" which in my mind is focusing on the wrong thing. If there is a number that is better to focus on.. it's the "net worth".. increase THAT number and toss the "score" aside.

Well let's back up a minute. If your score is under 500, then there is probably content on your report that warrants alarm to an employer, ie: judgments, liens, bankruptcy, foreclosure, extensive charge offs.

Net worth is a fine assessment to judge someone on but having the ability to pay doesn't always translate into a good payer.

You will always want to keep your credit history clean, even if you have no need for credit itself.

You bring up a good point Financeguy74,

A person could have a million bucks in cash.. and then hire you to do a job.. and then be really slow to pay you for the work you did. Maybe you'd put a lien on his house and get a judgment after you sued him and he didn't show up to court. You know he has the money to pay you.. but now you have to jump through hoops to get paid.

In that case... his net worth tells NOTHING about the kind of person that he is.

On the other side.. there are plenty of people who are very competent to do their jobs, but may have been sloppy financially. Good people, yes.. but not so great at math.

I guess the lesson is.. pay your bills on time.. pay your debts off.. don't do anything to intentionally damage your credit score... but don't go into debt just to RAISE your score either.

Thanks guys, I really appreciate the feedback!

Well i too have heard about that some companies do look at your credit report before hiring you but it does not make any sense. and as you said David, a person may be very efficient and a performer at the job but financially it might not be that smart.
If i were to hire any body i would look at the skills and relevant experience and certainly not credit report.

I just learned that when a company does a credit check on you for employment purposes... they can see some information but they CANNOT see your FICO score.

Can anyone tell me if that's true or not?

In the UK some employers do use credit searches as part of their selection process. As DavidBibby said earlier though, it is usually for financial jobs.

well in financial jobs it might make a little sense but otherwise I do not see any use of it.