What do banks look for on your credit report when you apply for a teller position ?
The Truth Hurts ! asked:
I have a few bad items on my credit report that add up to at most 2k..I’m really concerned that this might effect my chances of getting a job at the bank.
Phyllis
I have a few bad items on my credit report that add up to at most 2k..I’m really concerned that this might effect my chances of getting a job at the bank.
Phyllis
Tags: Bad Credit, Banks, Credit Report
July 31st, 2009 at 1:58 pm
Ryan
Yes it would affect your chances of getting a job with a bank as a teller but 2K just work on paying it off with any type of payment before it goes into collection but once it is on your credit report pay on it, this way you can state on an interview “Currently I am unemployed and am paying what I am able to pay without a Job” anyway Take Care and God Bless
August 2nd, 2009 at 7:07 pm
Kenneth
I’ve worked as a teller and head teller, and my experience goes back to 1977 working for financial institutions. I’m also a volunteer for consumer credit counseling.
Basically, they look for indications of your ability to manage your financial responsibilities. Your credit report serves as one form of character reference.
It doesn’t matter how many accounts you have or for how long. It doesn’t matter what your credit limits are. What does matter is whether you paid your bills as agreed. If you have a history of late payments, charged-off accounts, or accounts that went into collection, those are indications that you have difficulty managing your financial responsibilities.
If you cannot manage your financial responsibilities, the bank or any other potential employer might conclude that you will not be able to manage your job responsibilities. In particular, if you were to work at a bank, how would you be able to help the bank’s customers attend to their financial concerns if you are unable to attend to your own finances?
If you want to eventually have a career in a bank, and it’s a good career, you should immediately get to work on improving your credit history. Pay any past obligations and begin to make all your monthly payments on time. If you are unable to do so, get help from a community agency that is a member of the National Foundation for Credit Counseling.
Good luck to you!
August 6th, 2009 at 6:41 am
Todd
Blah Blah Blah Blah !!!
Clean up the bad items by paying them off or making repayment arrangements today. Get letters from them that you have cleared them up and that your accounts are now in good standing, or closed, whatever.
Frankly, I don’t know what the banks look for but I suspect honesty, maturity, and taking responsibility to clear them up and not get into that position again will go a long way to helping your cause.
Good Luck
August 7th, 2009 at 10:52 pm
Bradley
They just look to see what your credit is like and if you are in financial difficulty, because you may be tempted to steal.