I recently took out a loan to consolidate debt of me/spouse and now the entire burden is on me, credit-wise.
If I'm getting a background check for a new job handling lots of money, is it just a criminal check or are they gonna see my huge debt and freak out? I pay all my stuff on time and we are on the right path. FICO was 700 before I took out the loan.
Posted Jul 8, 2022, 6:11 PM UTC
If they ask for your permission to check your credit and grant it, they are most likely looking to see if you have a terrible credit score or a bankruptcy. I doubt a reasonable amount of debt would matter. Say you've got a $500k mortgage and $100k consumer debt. No problem. In fact, good, because you'll definitely need to keep your job to pay your debt.
I guess it might depend on timing? For a brief moment, it would have been over $100k personally. And of course I turned the money around to pay those bills so I'm sitting on $90k at the moment. I have a road plan set out but it just looks really bad. If I got an offer, I might have to say 2 weeks and then not tell my current job until it looks like no issues.
probably not. I think at most is that you will not be able to work any engagement related to your lender.
I recently murdered someone and my credit score was unaffected. You should be fine.