The average U.S. credit score was 715 in 2023, which is considered "good" according to Experian. Scores range from "very good" (740-799) to "exceptional" (800+), while lower scores fall into "fair" (580-669) and "poor" (below 580) categories. Poor credit can hinder your ability to secure loans or credit cards, but it might also affect your job prospects. In most states, it’s legal for employers to conduct credit checks on potential hires, especially for roles involving financial responsibilities. Although employers can't see your exact credit score, they can access a version of your credit report to gauge your financial responsibility. Late payments and high credit card balances can signal risk, potentially impacting hiring decisions. To mitigate this, review your credit report for inaccuracies and address any financial issues before job hunting. While it may seem unfair, being proactive about your credit can help avoid negative repercussions in your job search.
Read the full article here.