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Does a bad credit history really make for a bad job candidate?

from Staffing Talk

Almost half — or 47 percent — of employers use credit checks in the hiring process according to a 2012 survey by the Society for Human Resource Management, a metric that is actually trending down. About two-thirds of employers who use credit checks allow employees to explain the results of their credit checks before a hiring decision is made. The survey also found credit and criminal background checks are used primarily at the end of the hiring process, with 91 percent of credit checks conducted after a contingent job offer or job interview. more

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