Long after the financial crisis of more than ten years ago, the screws have been tightened quite considerably. The days of easy credit and easy money are long gone. But it has been quite a harrowing experience for middle aged income earners who lost their secure jobs along the way. Today, they have to compete with school and college leavers for jobs they believe they can still do well.
The problem is this. While the younger jobseekers have little to no credit history to speak of, these senior job hunters have a massive record. And it is not good. It truly puts a damper on their job prospects when they have got to face the music with the (by now) standard credit check for employment. If you feel that you are being hard done by this, do not despair. It is never too late to fix your tarnished credit record.
Just try and place yourself in their shoes. All over the world, and this is thanks in part to that notorious global financial crisis, entrepreneurial endeavors are being encouraged. It is the way of the future. But for the time being, things are still quite brittle. There are still mounting challenges for the small startup. And it does his cause absolutely no good if he risks it all by taking on an employee with a truly bad credit record.
You may not be one of those, but if this is someone who could either rob the small business blind or damage it altogether due to his reckless nature and incompetence. All businesses are, quite rightly, on their guard. You should be as well. And you can fix things for yourself. Who knows, soon it will be you who is starting up the business.