Employers: Why are employers checking applicant credit files as contingent upon?

It's getting more and more common. You already understand the need for financial institutions. But employers don't want people to enhance their income by taking cash from the till or selling high value inventory items on the black market. Security companies and law enforcement related occupations don't want their employees subject to bribes to look the other way. Even though 99.999% of the potential employees are low risk, the companies don't want to take that risk. It's the .001% unscrupulous employees to make it tough on the honest ones. What jobs have the legal right to do that? If you want to work for a company, you have to abide by their rules and conditions of employment. No credit check authorization - no hire.

I know it's dumb but to see if that person is responsible. Many companies believe, if you have good credit, you're a responsible person and acceptable for hiring. Even though our economy has ruined millions of Americans credit score and including my credit score. We are viewed as irresponsible. Yeah, I use to work at this one company. You have the first credit check so you can be hired. After 90 days, you go through the process over again. Stuff like that sucks.

Companies are doing this only to get basic information of an applicants credit history or worthiness and you can get a copy of the report. Thes kind of checks are considered part of a backround check. If you want mor information you can google "The Fair Credit Report Act (FRCA).