Employment Information Doesn’t Affect Your Credit Scores Credit scores, such as those developed by FICO® and VantageScore, help lenders and other businesses quickly understand how you’ve been handling your financial obligations. Because it can help a business confirm your identity.

Can a credit report hurt employment?

What many people don’t know is that your credit report can affect your chances of getting hired, too. A CareerBuilder survey found that 72 percent of employers conduct background checks on all the employees they hire and, of those cases, 29 percent check credit reports.

What is not included in an employment credit report?

However, there is certain information that isn’t included in an employment credit report, like your date of birth. This information is excluded because it could be used to discriminate against candidates due to age. It also doesn’t include your credit score. 2 

How does my employer show up on my credit report?

The next time you apply for a loan or credit card and provide your job information, the lender will probably send the name of your employer to the credit reporting agency they use to pull your report. If it does, your current employer will automatically update on your report.

Is the date of birth included in an employment credit report?

However, there is certain information that is not included in an employment credit report. For example, your date of birth is not included on the report. It also does not include your credit score.

What do you need to know about your credit report?

How to Read Your Credit Report. There are four sections to read a credit report, these are the identifying information, credit history, public records, and inquiries. The identifying information is all information that identifies you as the holder, these include your name, addresses, job, employer, and so on.