Does credit score matter?

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10-02-2023, 03:14 PM

Looking4higher

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Does credit score matter?

How hard to employers look at credit score when applying for employment as a pilot?

10-03-2023, 04:30 AM

rickair7777

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Depends I think on state law. Some allow that, some don't.

Regionals and some majors probably don't bother. Better majors probably do look at that (if state law permits).

11-11-2023, 06:37 AM

sailingfun

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Quote:

Originally Posted by Looking4higher

How hard to employers look at credit score when applying for employment as a pilot?

Credit checks are becoming much more common for things well outside of actual credit. Insurance is a example. The rules are pretty simple for preemployment checks. Note the last requirement.

Employers may run a credit check for the following purposes:

Verifying your identity
Confirming your previous employment and experience
Assessing your ability to handle money
Evaluating your financial and personal stability

Background checks for employment often include checking the candidate’s credit history, as well as their criminal record and other public records. However, a potential employer must always obtain your written permission and authorization before it can perform a credit check.

Here are the states that have restrictions or a ban on credit checks.

California – Cal. Labor Code § 1024.5 et seq.
Oregon – Ore. Rev. Stat. § 659A.320
Washington – Wash. Rev. Code § 19.182.020
Nevada – NRS § 613.570
Colorado – § 8-2-126, C.R.S.
Illinois – 820 Ill. Comp. Stat. §§ 70/1 to 70/30
Vermont – Vermont Act No. 154
Connecticut – Conn. Pub. Act No. 11-223
Maryland – Md. Code Ann., Labor & Empl. Law § 3-711
Hawaii – Haw. Rev. Stat. §§ 378-2.7, 378-2(8)

While the restrictions in these states vary, they restrict the use of credit checks by employers in specific occupations or for positions that deal with confidential information or financial transactions.

11-11-2023, 07:34 AM

tallpilot

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Position: A320 FO

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Quote:

Originally Posted by Looking4higher

How hard to employers look at credit score when applying for employment as a pilot?

Did you just file bankruptcy? Quite a few pilots have them from the lost decade and previous downturns but most of those will have already disappeared from credit reports. Credit checks seem to be a part of background checks at the big 3 but unless you have negative events which are very recent I don't think they amount to much.