Credit Advice » Life Stages » Employment


Did you know that federal law allows potential and current employers to view a modified version of your credit report? This employment credit report includes much of the same information about your credit accounts appearing on your credit report, but it omits any account numbers, your year of birth or information about your spouse for your financial protection.

Why Employers Check Credit

Many employers in the defense, chemical, pharmaceutical and financial services industry check employees’ credit reports because of the sensitive positions they hold. Other industries or employers may use your credit report as a general indicator of your financial honesty and personal integrity.

Employment History on Your Credit Report

The employer listing on a credit report is not an employment history. Actually, your lenders provide the employers shown on your credit report when they first report the information from your credit application. The employer listing is only updated when you apply for new credit, so this list doesn’t affect your credit score or play a role in the lending process.

Income is Not Part of a Credit Report

October 26, 2017

Dear Experian, How do I get the word to Experian that my income has greatly increased? I was denied a credit limit increase on my credit card, and I...

Updating Income on a Credit Report

September 27, 2013

Dear Experian, I’d like to complete my income information on my credit report. How can I do this? - RYD

Employer Listings on Your Credit Report

August 16, 2013

Dear Experian, I used to see my Experian credit report. You have my current employer incorrectly listed. The employer you show was a couple of jobs ago, and...

Unemployment Claims Do Not Affect Your Credit Report

August 13, 2013

Dear Experian, My colleagues and I had a debate over these questions: Will filing an unemployment claim be reported on credit file? If so, will it affect future credit consideration?...

Credit Scores Not Impacted by Employer or Income

October 24, 2012

Dear Experian, It appears all three credit reporting agencies had listed my employer incorrectly. What impact does my correct employment and earnings have on my credit rating? -RCH

Freezing Your Credit File

July 18, 2012

Dear Experian, Can a prospective employer get a credit score on me if I have a security freeze, or do I need to remove the security freeze? - ARJ

Inquiry for Employment Will Not Affect Credit Score

September 28, 2011

Dear Experian, I have been applying for work at employment agencies. They want my permission to conduct a credit check. My concern is that I was told in the past...

Increasing Employee Credit Knowledge

August 31, 2011

Dear Readers, According to research by the Personal Finance Employee Education Foundation (PFEEF), as many as 80 percent of employees spend work time dealing with financial issues, costing companies as...