1. Welcome to CowboysZone!  Join us!  Come on!  You know you want to!

Job and Credit

Discussion in 'Off-topic Zone' started by CowboyStar88, Jun 14, 2013.

  1. McLovin

    McLovin Well-Known Member

    3,528 Messages
    1,220 Likes Received
    I assume you would not include race, age, disability, or sexual preference in that statement?

    there is never a blanket statement that should apply to every situation.
  2. TheKey

    TheKey Faster than Felix

    2,639 Messages
    18 Likes Received
    Bank regulators not only regulate the bank, but also the personal accounts of the employees. Why would a financial institution subject themselves to more regulation?
  3. McLovin

    McLovin Well-Known Member

    3,528 Messages
    1,220 Likes Received
    Que?

    Bank regulators dont pull credit reports on employees. The biggest show stopper for banks is bounced checks...that is a big blacklist. Fraud is illegal, and has criminal ramifications. Checks are demand accounts that a person would/should no exactly what they have. Banks are not giving or expected to bear that risk.

    Credit is altogether different. Somebody's situation a time A can drastically differ from time B.
  4. jobberone

    jobberone Right turn Clyde Staff Member

    38,867 Messages
    4,431 Likes Received
    I agree with this but I feel there should be a move to constrain the reporting problems and give the consumer more protection. I've had people put stuff on my credit report that absolutely did not deserve to be there. And there is little you can do to punish the culprit. Sure you can take them to court but there needs to be a method short of that.

    This is another you're guilty until and unless you can prove you aren't which will be a lot of trouble for you. Too many rights have been eroded away from the citizens.
  5. ChldsPlay

    ChldsPlay Well-Known Member

    6,381 Messages
    461 Likes Received

    I am aware it is already illegal to not hire based on some factors, that doesn't make it right. Those restrictions should be eliminated, not added to. If someone wants to refuse to hire anyone that likes the color blue or for ANY reason, it should be their right to do so.
  6. ChldsPlay

    ChldsPlay Well-Known Member

    6,381 Messages
    461 Likes Received
    I absolutely 100% would include those things.
  7. ChldsPlay

    ChldsPlay Well-Known Member

    6,381 Messages
    461 Likes Received
    The whole credit reporting system leaves a lot to be desired.
  8. CowboyStar88

    CowboyStar88 Well-Known Member

    4,942 Messages
    1,398 Likes Received
    Qualifications speak for themselves and I was the only interviewer to put a plan together that would immediately increase loan volume and profit in the first year. I know what I'm doing and I know how to do it effectively. I'm very good at it. I was told by the interviewing manger " very impressive and these are the types of things in looking for and your qualifications are impressive" my financial situation does not impact my job. It's a sad situation I've gone thru that took me down financially and emotionally and it's taken every ounce of strength in my body to move forward. The emotional damage the accident caused and the heart break I suffered with my ex-wife as taken its toll and I'm only 33 years old. I sure hope they take my honesty into consideration and the explanation a long with being able to supply the letter showing I'm working with a company to get my credit back on track. I'm praying that my fortune will be turning.

    I understand some of the guys views and I respect them. I just think there is a human element to this and obviously if there credit was good prior and I've worked with access to plenty of bank accounts of celebrities in the past and never once thought of doing anything wrong. Why would I change I'm integrity now? If you think I like where my life is today financially you are crazy. I am working hard to fix it now as I've been humbled by what's happened. It's in gods hands now and I pray he continues to guide me and give me strength to over come this. Thanks to all who have their opinions.
  9. RS12

    RS12 Well-Known Member

    14,643 Messages
    1,478 Likes Received
    Sad part is you could be perfect for a job but if somebody goes in with a better credit score and talks a good game, it is going to end badly. This is almost as outrageous as insurance companies basing your rates on credit. One of the biggest scams of our lifetime.
  10. newnationcb

    newnationcb Well-Known Member

    2,639 Messages
    334 Likes Received
    What?

    You basically just said, in other words, that if someone wants to refuse to hire black people (or any other race) it should be their perogative. Ridiculous!
  11. Wheeltax

    Wheeltax Well-Known Member

    1,113 Messages
    642 Likes Received

    I agree with it, too. Studies show that companies with diversity (racial and international) tend to do better overall due to different methods of thinking and ideas. My employer is a big believer in this and they've been around long enough and are large enough to see the difference.

    If an employer wants to forego that, then let him - he gets to deal with the potential lack of growth and likely boycott that goes along with it.


    Re: credit reports - I agree that they are overused at times for purposes of employment, but can totally see why anything in the financial/security sector would want to use such criteria.

    Credit reports themselves are a sham built entirely for the benefit of the lenders, many times to the detriment of borrowers. Personally speaking, I'm having to stay with my parents right now at almost 30 years old because I'm trying to buy a house without starting a new apartment lease and one of the three credit reporting agencies (Equifax) has my student loans inexplicably doubled - and report the doubled loan as having never been paid. They have all the paperwork and proof that what they have is wrong, but it's been a full month now and they're simply dragging their feet on getting it corrected. When it's time to drop your score it happens instantly. Fixing it? Ehhhh, we'll get around to it probably.
  12. ChldsPlay

    ChldsPlay Well-Known Member

    6,381 Messages
    461 Likes Received
    It's not ridiculous, it's common sense freedom. I guess you like the government dictating how you handle YOUR affairs. If someone is willing to miss out on a good employee because they have some bias against them, then it is their loss. But it absolutely should be their perogative as it is THEIR company and THEIR money to handle as they see fit.

Share This Page