I recently applied for employment with a bank/credit card company. They are very strict when it comes to your credit background. I have five medical collections with very low balances. They have pulled these up and asked me to explain them. I have been told that companies do not hold medical collections against you the way they would credit card collections when it comes to offering you a job. I am just curious if I stand a chance on getting this job. It means the world to me.

Please don't tell me it goes on my credit and against my credit score, as I KNOW this. Please answer only if you know how employers rate medical collections. Thank you so much!! Tamara

An employer is not so concerned with what type of debt your bad debt is.

What they are looking at is how responsible are you.

Not taking care of your own financial responsibilities, regardless of who you owe, shows some lack of responsibility.

I'm sure that every company has different ways of looking at this information.

I do wish you good luck with the job!

Yes, bad debt is bad debt to most and the reasons is not an issue to some companies, Remember there is no "law" on this, and it will depend on the exact rules that company has. And also what the personal opinoin of the person doing the hiring is.

I know for example for some Government jobs, there would have to be a written payment plan in place on any bad or old debts before they would hire you. ** and if not in place most likely they go to the next applicant.

Also think of it this way, if they have 4 applicants, the other ones have all other things equal but they have good credit, who will get the offer most likely