Does Your Credit Score Determine Your Chance to Get a Job?

Interestingly enough, some studies have shown no correlation between credit scores and fiduciary responsibility. Most people's credit scores tank due to events like very high medical bills (40% of bankruptcies), being underwater on their mortgages (around half of all US mortgages), and unemployment (now running at about 9%, though this is a falsely low figure because it excludes those who are underemployed and who have given up looking for work).

A credit score doesn't "determine your chance to get a job." A credit check is typically part of a background investigation that takes place after an offer is made. It's usually done in conjunction with a drug test and verification of criminal, education and employment histories. Also, adverse information on a credit check doesn't typically weigh against a candidate as heavily as a failed drug test, criminal record, past firing, lying about education, etc. I understand why people don't like credit checks, I'm not fond of them myself. It is, however, understandable why companies feel they are necessary.