More and more employers are checking the credit history of candidates before making a job offer, reports Business Sense.
According to the article, a massive 42 per cent of US companies performed credit checks on potential employees in 2006, an increase from 35 per cent in 2004.
HR commentators say the increased use of credit checks is taking place as the process offers an employer a means of determining a candidate's character.
Credit checking employers argue that if a person is reliable with their own money they're also likely to act responsibly in their professional life.
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