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Some companies conduct background checks when considering applicants for jobs or when evaluating employees for promotions. Sometimes, employers may ask to check your credit as part of their screening process. Employers can’t view your credit score, but federal law allows employers to view a modified version of your credit report. In some cases, they may […]
What to Know About Employment and Your Credit Read More »
Losing your job can be discouraging, and covering your debts when your income is cut can be downright frightening. If you avoid panic and focus on what’s most important, you may be able to get by until you find new work—and keep your credit in good standing, to boot. Does Losing Your Job Affect Your
How to Protect Your Credit if You Lose Your Job Read More »
Losing your job means a big hit to your finances. Severance pay can help soften the blow. When you lose your job involuntarily, your employer may offer a few weeks’ or several months’ worth of severance pay as a goodwill gesture to help you stay on your feet while you transition to a new job.
How Is Severance Pay Taxed? Read More »