top | item 1560838

Why Do Employers Use FICO Scores?

7 points| cwan | 15 years ago |theatlantic.com | reply

1 comment

order
[+] okmjuhb|15 years ago|reply
In general I don't like the idea of credit checks before employment, but there's a few obvious cases where it's useful.

If I'm hiring an employee who will be handling cash, or who will control purchasing decisions, or who will have access to information my competitors want, it's important to me to know that my employee won't ever be in desperate enough financial circumstances that they feel compelled to steal or accept a bribe.