Can Bad Debt Affect You Getting a Job?
Tips to Help You Get Ahead

It’s no secret that having bad debt can make life difficult. You may have a hard time getting approved for a loan, or you may have to pay high-interest rates on your debt cards. But did you know that bad debt can also affect your ability to get a job? In this blog post, we will discuss the ways that bad debt can impact your job search, and we will offer some tips on how to get ahead despite your debt score.

Can Bad Debt Affect You Getting a Job? Tips to Help You Get Ahead

Can You Get A Job With Bad Debt?

Having bad debt can make it difficult to get a job for several reasons. For one, many employers now run debt checks on potential employees. If your debt score is low, it could give your employer the impression that you are irresponsible and untrustworthy. Additionally, if you are applying for a position that requires a security clearance, bad debt could prevent you from getting the clearance. Even if your debt score doesn’t impact your ability to get a job, it could still affect your career in other ways. For example, if you are up for a promotion, your employer may choose another candidate over you if they feel that your financial responsibility is in question.

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Tips for Getting Ahead Despite Bad Debt

If you have bad debt but still want to get ahead in your career, there are a few things you can do.

1. Talk to your employer about your debt score.

If you are worried that your bad debt may impact your job search, the best thing to do is to talk to your employer about it. Many employers understand that people can have financial difficulties, and they may be willing to overlook a low debt score.

Talk to your employer about your debt score.

2. Work on improving your debt score.

If you have bad debt, it’s important to take steps to improve your score. You can do this by paying your bills on time, maintaining a good debt history, and using a debt monitoring service. You are allowed one free download of your debt report per year from Transunion. Please visit www.transunion.co.za for more info.

3. Be honest about your debt history.

If you are asked about your debt history during a job interview, it’s important to be honest. Don’t try to hide your bad debt from your potential employer. Instead, explain what steps you are taking to improve your score.

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4. Focus on your qualifications.

When you are applying for a job, it’s important to focus on your qualifications. Make sure to highlight your skills and experience, and be prepared to discuss why you are the best candidate for the position.

Bad debt can affect getting a job but most firms overlook this factor and only consider the working capability and qualifications of an employee; however, you should still consider improving your debt score because it is not good overall.

Focus on your qualifications.

The Bottom Line

Bad debt can make it difficult to get a job, but it doesn’t have to be the end of your career. If you have bad debt, take steps to improve your score and focus on your qualifications when applying for jobs. With a little effort, you can get ahead despite your debt score.

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