Almost without exception, people with bad credit do not respect their obligations, and it’s insane to hire somebody with bad credit and put them in a trusted job.
In my business (computer systems that handle large amounts of money), it's bad management NOT to fire somebody who gets bad credit. They become a bad risk, and their promises are not worth the paper they are printed on.
It amazes me how many hypocrites I see, people to claim to be religious and moral, but who have no qualms breaching their contracts if it suits them. They will tell you that they are men of honor, but their bad credit history betrays them as untrustworthy scum. I lose no sleep canning people like this:
Employers are now stepping up and exercising their right to discriminate against bums with bad credit, denying them jobs and prtomotions, and in some cases firing them for immoral behavior.
Only bums pay their debts late
I interview lots of people, and I’ve heard every excuse in the book for having bad credit (catastrophic illness), and it’s all bogus.
Honest people who whatever it takes to stay current with their obligations, pawning goods and taking out 2nd mortgages.
My brother-in-law had a catastriphic medical expense and rather than do the wrong thing, he sold his house and lived in a trailer for a decade until he paid just just debt.
If you think that you are going to convince an employer that paying a debt late is justified, think again.
You can not only deny a job to people with bad credit, you can also deny them promotions and in some cases, you are required to fire somebody who has bad credit.
See my notes on how to screen employees for immoral behavior
Personal Integrity is an absolute requirement for any job working with computers.
I’m now using this Questionnaire for evaluating moral turpitude, and making the job applicants pay beck the $1,400 cost of a background investigation if they lie about their personal history.
Your bad credit can and will be used against you, and The Government shows how to discriminate against people with bad credit.