 TITLE: Do Employers Look at Credit Reports? CONTENT: Why Employers Check Credit Reports\n----------------------------------\nYour credit report is a chronicle of your financial history, including the loan and credit card accounts you've applied for and opened, how long you've had them, and whether you've made payments on time. Financial institutions use this information to determine whether you can be trusted to repay loans or pay credit card bills as required.\nIt's most common to undergo a credit check as part of a job application if you're an aspiring manager or you'll deal with finances or confidential information in the role. You could also be asked to undergo a credit check if you're being considered for a promotion.\nEmployers use credit checks to gauge your trustworthiness and aptitude at managing money. A hiring committee may think employees who can skillfully oversee their own finances would do the same for high-stakes projects at work.\nCompanies that run credit checks see a limited version of your credit report. It includes personal information to verify your identity (with the exception of your birth date); your Social Security number; and loan and credit card accounts, including payment history and whether any accounts are in collections. It won't include specific account numbers or information about your spouse. END