Credit Card Debt Can Keep Atlanta Job Seekers from Getting Hired
You've got a killer resume, you nailed the job interview and you know you'd be perfect for the position. So why didn't you get the job?
The answer might be in your wallet, according to Atlanta bankruptcy attorneys.
Potential employers often request a copy of an applicant's credit report. And if they see too much credit card debt and a history of late payments, it's going to reflect poorly on your character - no matter how responsible and hard-working you might be on the job.
Debt doesn't just impact your finances - it can affect every aspect of your life, including work. Fortunately those effects are reversible. But before you can devise a solution, you have to identify the problem.
Before you send out those job applications, get a free copy of your credit report from each of the three major credit bureaus by going to AnnualCreditReport.com. Look over your report carefully for any errors. Reporting mistakes are relatively common, and sometimes raising your credit score is as simple as fixing a typo.
Other times, it's not so easy. Some of the most damaging habits are making late payments, opening (or applying for) too many credit cards and carrying a high debt-to-credit ratio - for instance, by using more than 30 percent of your available credit. If you're making some or all of these credit no-nos, it's time to make some changes.
Sometimes adjusting your budget or leaving your credit card out of your wallet is all it takes. But if you've got overwhelming debt, you might need to bring in outside help. A bankruptcy plan makes it possible to lower even the largest debts by providing a realistic payment timeframe and protection for your assets. Not only can filing for bankruptcy free you from debt, but it also signals to employers and lenders that you're making an effort.
When you've hit rock bottom, your choices are to stay there - or to move up. Bankruptcy can help you find your way out. Our Atlanta bankruptcy attorneys can identify a plan that's right for you when you sign up for our free one-on-one debt analysis. Let us help you clean up your finances - and get a clean start.