I just got hired at one of the major discount department stores. They told me they needed to do a background check (ok I am fine with that) and a credit check... I asked the store manager manager why and he didn't have an answer for me. Does anyone out there?
See...Now I am worried because I have really really bad credit because I have been out of work for a year. I haven't been able to make any payments what so ever... :-( I am a hard worker and will bust my a** for any company willing to give me a chance. F U C K

Credit reports are like report cards when we were in school only instead of reflecting how goo/bad we are doping in our studies they reflect how good/bad we are doing in managing our debt.

This tells potential employers how responsible people are and also points out who might be troubled by collection companies or who has judgments, bankruptcy's, law suits, tax liens or other derogatory public records.

They also must take this into consideration if the employee is going to be handling money.

The theory behind this is that people who have a good credit history are more responsible, and therefore, better employees. It's basically used as another form of background check.

It could also be that they don't want creditors knocking on the door of their business looking for whomever they hire that has a bad credit history, that wouldn't look good for them.