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hogwonguy1979
Joined: 22 Dec 2003
Location: the racoon den
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 Posted: Sat Nov 02, 2013 3:46 am Post subject: |
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| radcon wrote: |
| In the US debt collectors have been known to call neighbors and debt shame people who owe. " Hello, do you know your next door neighbor Radcon? Yes he owes us money and refuses to pay. What a dead beat." |
heard stories about them even going on facebook to harass you and your friends. they can be ruthless |
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World Traveler
Joined: 29 May 2009
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| Posted: Sat Nov 02, 2013 4:04 am Post subject: |
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| bucheon bum wrote: |
| Yes, it has become more prevelant in the USA since the Great Recession. |
It was done for nearly every decent job hiring before that as well. Why? technological advancements. The information can be found easily online. No one has to go to a storage file to retrieve it. The company wants to check your character to see if you are responsible and trustworthy. Places can check your credit history with or without informing you of that I'm pretty sure (just like they google your name to see what comes up). |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Sun Nov 03, 2013 8:30 pm Post subject: |
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| World Traveler wrote: |
| bucheon bum wrote: |
| Yes, it has become more prevelant in the USA since the Great Recession. |
It was done for nearly every decent job hiring before that as well. Why? technological advancements. The information can be found easily online. No one has to go to a storage file to retrieve it. The company wants to check your character to see if you are responsible and trustworthy. Places can check your credit history with or without informing you of that I'm pretty sure (just like they google your name to see what comes up). |
Having bad credit has nothing to do with trustworthiness. Everyone can get in over their head, lose their job, or graduate in a bad economy. As for checking specifically for fraud, the Criminal Check will take care of that. Unless you are in charge of lots of money, a credit check is irrelevant and not needed.
As for calling neighbors and posting on facebook by collection agents, that's illegal in Canada and a violation of privacy rights. |
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oldsurly
Joined: 05 Nov 2009
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| Posted: Mon Nov 04, 2013 2:15 am Post subject: |
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| Weigookin74 wrote: |
| World Traveler wrote: |
| bucheon bum wrote: |
| Yes, it has become more prevelant in the USA since the Great Recession. |
It was done for nearly every decent job hiring before that as well. Why? technological advancements. The information can be found easily online. No one has to go to a storage file to retrieve it. The company wants to check your character to see if you are responsible and trustworthy. Places can check your credit history with or without informing you of that I'm pretty sure (just like they google your name to see what comes up). |
Having bad credit has nothing to do with trustworthiness. Everyone can get in over their head, lose their job, or graduate in a bad economy. As for checking specifically for fraud, the Criminal Check will take care of that. Unless you are in charge of lots of money, a credit check is irrelevant and not needed.
As for calling neighbors and posting on facebook by collection agents, that's illegal in Canada and a violation of privacy rights. |
OP:
Please clarify as to what type of employment you are refering to. Maybe then this argument could be put to rest. Also, I don't quite understand why an employer would ask you to submit to a criminal record check if the job itself wouldn't be one that involves a serious degree of trustworthiness? Outside of applying for jobs in Korea a CRC is only asked for when working or rather applying for a "position of trust." which includes but is not limited to working with children and the elderly, volunteer work, police, corrections, military, government or civillian contractors(IMP or IRVING) whose jobs may have an affect on the general public. I'm confused with your stance and just need some clarification. Again, I can only speak from experience, maybe I am missing something here. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Mon Nov 04, 2013 6:17 pm Post subject: |
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| oldsurly wrote: |
| Weigookin74 wrote: |
| World Traveler wrote: |
| bucheon bum wrote: |
| Yes, it has become more prevelant in the USA since the Great Recession. |
It was done for nearly every decent job hiring before that as well. Why? technological advancements. The information can be found easily online. No one has to go to a storage file to retrieve it. The company wants to check your character to see if you are responsible and trustworthy. Places can check your credit history with or without informing you of that I'm pretty sure (just like they google your name to see what comes up). |
Having bad credit has nothing to do with trustworthiness. Everyone can get in over their head, lose their job, or graduate in a bad economy. As for checking specifically for fraud, the Criminal Check will take care of that. Unless you are in charge of lots of money, a credit check is irrelevant and not needed.
As for calling neighbors and posting on facebook by collection agents, that's illegal in Canada and a violation of privacy rights. |
OP:
Please clarify as to what type of employment you are refering to. Maybe then this argument could be put to rest. Also, I don't quite understand why an employer would ask you to submit to a criminal record check if the job itself wouldn't be one that involves a serious degree of trustworthiness? Outside of applying for jobs in Korea a CRC is only asked for when working or rather applying for a "position of trust." which includes but is not limited to working with children and the elderly, volunteer work, police, corrections, military, government or civillian contractors(IMP or IRVING) whose jobs may have an affect on the general public. I'm confused with your stance and just need some clarification. Again, I can only speak from experience, maybe I am missing something here. |
No one on the east coast has ever mentioned being denied a job for bad credit. Irving, the government, or anyone else. The criminal record check catches deliberate fraud like writing bad shecks and other dishonest behaviour. Maybe things have changed since I've been gone. Just about everyone and their dog has bad credit, if they live on the east coast as the economy is crap and the price of going to school ain't going down and can't afford to pay off their loans. Some of us get smart and hop overseas. But some just stay behind and complain about it.
Anyways, some banking jobs would deny folks with bad credit. But most of the time, I had been told companies were looking for fraud specifically and not defaulting on student loans or student credit cards because of not having much of an income. Again maybe things have changed. Maybe things are different in other places. Just seems like a way to permanent keep people down and prevent them from moving on with their life or pulling themselves out of peverty. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Mon Nov 04, 2013 6:22 pm Post subject: |
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| Let me also add I knew some folks who went to work for the Royal Bank. They were reported to have not cared about bad credit; just fraud. Their only would refuse to hire you if you owed them money. But owing money to other companies was something they didn't care about. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Mon Nov 04, 2013 6:35 pm Post subject: |
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| Weigookin74 wrote: |
| Let me also add I knew some folks who went to work for the Royal Bank. They were reported to have not cared about bad credit; just fraud. Their only would refuse to hire you if you owed them money. But owing money to other companies was something they didn't care about. |
Pretty often, their is just a little checkbox you check to allow them to check your credit at the beginning of your application process. And pretty often they do check out your credit, but you may not realize they have already done it by the time they decide to interview you. Probably the first thing they check. |
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oldsurly
Joined: 05 Nov 2009
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| Posted: Mon Nov 04, 2013 6:45 pm Post subject: |
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| Weigookin74 wrote: |
| oldsurly wrote: |
| Weigookin74 wrote: |
| World Traveler wrote: |
| bucheon bum wrote: |
| Yes, it has become more prevelant in the USA since the Great Recession. |
It was done for nearly every decent job hiring before that as well. Why? technological advancements. The information can be found easily online. No one has to go to a storage file to retrieve it. The company wants to check your character to see if you are responsible and trustworthy. Places can check your credit history with or without informing you of that I'm pretty sure (just like they google your name to see what comes up). |
Having bad credit has nothing to do with trustworthiness. Everyone can get in over their head, lose their job, or graduate in a bad economy. As for checking specifically for fraud, the Criminal Check will take care of that. Unless you are in charge of lots of money, a credit check is irrelevant and not needed.
As for calling neighbors and posting on facebook by collection agents, that's illegal in Canada and a violation of privacy rights. |
OP:
Please clarify as to what type of employment you are refering to. Maybe then this argument could be put to rest. Also, I don't quite understand why an employer would ask you to submit to a criminal record check if the job itself wouldn't be one that involves a serious degree of trustworthiness? Outside of applying for jobs in Korea a CRC is only asked for when working or rather applying for a "position of trust." which includes but is not limited to working with children and the elderly, volunteer work, police, corrections, military, government or civillian contractors(IMP or IRVING) whose jobs may have an affect on the general public. I'm confused with your stance and just need some clarification. Again, I can only speak from experience, maybe I am missing something here. |
No one on the east coast has ever mentioned being denied a job for bad credit. Irving, the government, or anyone else. The criminal record check catches deliberate fraud like writing bad shecks and other dishonest behaviour. Maybe things have changed since I've been gone. Just about everyone and their dog has bad credit, if they live on the east coast as the economy is crap and the price of going to school ain't going down and can't afford to pay off their loans. Some of us get smart and hop overseas. But some just stay behind and complain about it.
Anyways, some banking jobs would deny folks with bad credit. But most of the time, I had been told companies were looking for fraud specifically and not defaulting on student loans or student credit cards because of not having much of an income. Again maybe things have changed. Maybe things are different in other places. Just seems like a way to permanent keep people down and prevent them from moving on with their life or pulling themselves out of peverty. |
Believe what you will. However, your take on the situation is wrong. Credit checks are a VERY real part of some employment applications and vetting processes. Not only does it show responsibility but it also shows a persons character. As I stated earlier, everything is done on a case by case basis. You do have the ability to explain during the interview your individual situation and everything is complied and taken into consideration. If you really believe that bad/poor or distressed credit will not be a factor in denial of employment that is your prerogative. It is not a company's responsibilty to worry about whether you will or will not pull yourself out of poverty. Jobs are a competition and they want the best all around candidate for the position, this is fact. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Mon Nov 04, 2013 7:57 pm Post subject: |
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I actually did submit to a credit check for a couple of jobs and was never refused a job in spite of bad credit at the time.. I committed no fraud and was therefore offered the job. What goes on in your personal life doeasn't affect your work life. Most of us have enough common sense not to steal on the job. Defaulting on a card and some loans has nothing to do with personal integrity. If you can't pay, you can't pay. We weren't all born with a silver spoon in our mouth and we weren't all offered a good paying job fresh out of university. If someone deliberately stole or committed some theft, then I can understand denying a job.
Where bad credit did affect me was having to live on cash, being denied credit, and the opportunity to live in some luxury apartments (which I didn't want to live in anyways). Living paycheck to paycheck is stressful and having to call family to borrow cash when something goes wrong with your car in between paychecks really sucks. In many ways you are a second class citizen. From what I've read, some US states go further in criminalizing debt and allowing companies to openly discriminate for any reason. I guess it's their business if that's what they want to do. Hopelessness fuels despiration.
As for personal character, I paid debts when I could and had the means. When I came to Korea, I didn't default and thanks to a diminhsed won am still paying. Point being is bad credit does not indicate character and would hate to be blocked out of life because of circumstances beyond my control. At least in Canada, after 6 years, the reset button is pushed. Not here and maybe not in those states that put something on your criminal record.
Giving someone no hope does lead many to turn to a life of crime. That does affect other people. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Mon Nov 04, 2013 7:57 pm Post subject: |
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| jvalmer wrote: |
| Weigookin74 wrote: |
| Let me also add I knew some folks who went to work for the Royal Bank. They were reported to have not cared about bad credit; just fraud. Their only would refuse to hire you if you owed them money. But owing money to other companies was something they didn't care about. |
Pretty often, their is just a little checkbox you check to allow them to check your credit at the beginning of your application process. And pretty often they do check out your credit, but you may not realize they have already done it by the time they decide to interview you. Probably the first thing they check. |
Yes, they had their credit checked, but the bank didn't care as long as you owed them no money and committed no fraud. |
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jvalmer
Joined: 06 Jun 2003
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| Posted: Mon Nov 04, 2013 8:32 pm Post subject: |
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| Weigookin74 wrote: |
| Most of us have enough common sense not to steal on the job. |
I once worked for a certain big tech company. And it's actually surprising how many well paid white-collar employees were caught for stealing... 10%... granted some of it is stuff like taking things pencils and staplers, but I guess they steal enough to warrant them being added to that stat..
| Weigookin74 wrote: |
| Yes, they had their credit checked, but the bank didn't care as long as you owed them no money and committed no fraud. |
Most likely their credit rating was sufficient. And sounds like your credit rating wasn't as bad as you thought. |
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oldsurly
Joined: 05 Nov 2009
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| Posted: Mon Nov 04, 2013 10:19 pm Post subject: |
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| Weigookin74 wrote: |
I actually did submit to a credit check for a couple of jobs and was never refused a job in spite of bad credit at the time.. I committed no fraud and was therefore offered the job. What goes on in your personal life doeasn't affect your work life. Most of us have enough common sense not to steal on the job. Defaulting on a card and some loans has nothing to do with personal integrity. If you can't pay, you can't pay. We weren't all born with a silver spoon in our mouth and we weren't all offered a good paying job fresh out of university. If someone deliberately stole or committed some theft, then I can understand denying a job.
Where bad credit did affect me was having to live on cash, being denied credit, and the opportunity to live in some luxury apartments (which I didn't want to live in anyways). Living paycheck to paycheck is stressful and having to call family to borrow cash when something goes wrong with your car in between paychecks really sucks. In many ways you are a second class citizen. From what I've read, some US states go further in criminalizing debt and allowing companies to openly discriminate for any reason. I guess it's their business if that's what they want to do. Hopelessness fuels despiration.
As for personal character, I paid debts when I could and had the means. When I came to Korea, I didn't default and thanks to a diminhsed won am still paying. Point being is bad credit does not indicate character and would hate to be blocked out of life because of circumstances beyond my control. At least in Canada, after 6 years, the reset button is pushed. Not here and maybe not in those states that put something on your criminal record.
Giving someone no hope does lead many to turn to a life of crime. That does affect other people. |
I think this debate has taken a wrong turn. It was initially stated that your credit history or history of bad credit is no business but, your own. I believe that numerous posters have proven that not to be the case. Outside of some pretty specific cases, you certianly can land a job in a financial institution but, no one was arguing that, or the fact that you couldn't land a job at all. The fact remains, your credit history isn't just your business, it certainly can lead a person to being considered undesirable for a postion. However, on the other hand as long as you can justify your situation it shouldn't be a problem in most cases. That being said, bad credit in specfic cases will lead to your application seeing no more consideration.
"The thinking behind pre-employment credit screening is, basically, an employer wants to know if you have your house in order before they let you handle their house." Tim Hardie, president of Hire Performance INC. Markham,Ont.
As for your friends position at RBC, I agree with jvalmer, their credit probably wasn't that bad. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Tue Nov 05, 2013 4:30 am Post subject: |
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| oldsurly wrote: |
| Credit checks are a VERY real part of some employment applications and vetting processes. Not only does it show responsibility but it also shows a persons character. |
Employer perspective - it shows the person is a "good slave". |
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rabidcake
Joined: 10 Aug 2009
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| Posted: Tue Nov 05, 2013 9:16 am Post subject: |
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| KimchiNinja wrote: |
| oldsurly wrote: |
| Credit checks are a VERY real part of some employment applications and vetting processes. Not only does it show responsibility but it also shows a persons character. |
Employer perspective - it shows the person is a "good slave". |
I think credit checks are used all the time in the US too, especially in the financial sector of the economy. It seems pretty normal to me although I personally don't like people looking at my credit (and I have pretty amazing credit, I just don't feel at ease with people looking at it). |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Tue Nov 05, 2013 6:08 pm Post subject: |
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| I don't like it -- it's okay for corporations to default on debt, it's okay for the US government to consider defaulting on debt, but if a citizen makes a strategic decision to go the route of default/bankruptcy it is somehow relevant to their career? What it's really about is applying social pressure / fear to keep humans slaves to the banking industry. |
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