Credit reports may be used during the hiring process. In fact, more than 1 in 5 small to medium sized businesses use credit reports. These reports are used to determine if the candidate is responsible; verify identity; verify employment history; and assess likelihood for workplace theft. Employers believe that if you manage your finances well and live within your means, you are likely to be responsible and practical on the job.

Employers must have your written consent to run a credit report. Failing to do so is a violation of the Fair Credit Reporting Act. If you deny them access, you will probably be taken out of the running for the position. If you are not offered a job because of your credit report, the employer must supply you with a  copy of your credit report and the name of the company who provided the information.