 TITLE: Can Someone Find Out If You’re Unemployed From a Credit Report? CONTENT: Does Being Unemployed Prevent You From Applying for Credit?\n-----------------------------------------------------------\nUnemployment itself does not prevent you from applying for new credit. Creditors generally prefer borrowers who have a job and steady income so they can be confident any debt will be paid back, but there is no rule that unemployed people cannot apply for loans.\nCreditors have a legal responsibility to verify you have the ability to repay a loan, however. For that reason they will likely ask about your employment status, and verify your sources of income and other assets. If you are unemployed, you may be declined unless you have other substantial assets or resources to repay the debt. END