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2013 App-O-Rama (AOR) and Churn Advice Archive

2013 App-O-Rama (AOR) and Churn Advice Archive

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Old Dec 23, 13, 9:40 pm
  #2191  
 
Join Date: Jul 2012
Location: RDU
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Originally Posted by 12939 View Post
This kind of thing needs to stop.

Your credit report is none of your employers business, with the odd exception for those working in the financial industry. For everyone else, it is a private matter.

So what if someone has a poor credit history? It does not mean they cannot do their job. Policies like this endanger the job prospects of millions.
I don't know that poor credit will automatically disqualify a prospective employee for non-financial jobs. Rather, the credit report provides just one more datapoint on the applicant.

It isn't just employers using credit reports as part of hiring criteria, insurance companies also use them when calculating premiums (at least in the USA).
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Old Dec 24, 13, 12:25 am
  #2192  
 
Join Date: Mar 2011
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Originally Posted by 12939 View Post
This kind of thing needs to stop.

Your credit report is none of your employers business, with the odd exception for those working in the financial industry. For everyone else, it is a private matter.

So what if someone has a poor credit history? It does not mean they cannot do their job. Policies like this endanger the job prospects of millions.
The type of job that I do requires solid financial history. I am part of a team in charge of large database systems and poor judgement is a factor that is considered. That plus criminal background checks. You don't want someone but with a clean record to handle confidential data. Companies have to protect themselves.

Some senior execs jobs require interviews of friends and neighbors as part of the vetting process.

Pros and cons about this issue. This is why we need to educate young kids to avoid criminal records or make bad financial decisions

Gossip: lots of execs played the real estate marked and were burned by bad property investments. And lots of bankruptcies out there
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Old Dec 24, 13, 3:54 am
  #2193  
 
Join Date: Sep 2012
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I've had full credit checks before regarding employment, however as others have said it really should only be a concern in areas of the financial industry. The reasoning typically is they don't want to see you owe some outrageous sum in debt that will make it more tempting to embezzle funds. Some government jobs are also the case for security reasons. Overall inquiries don't matter; they want to see a total sum owed, to whom, and types of debt.

If you're not directly having any kind of financial responsibility in the job I would have a serious discussion with the recruiter as to what/how each part of the credit report will be used prior to blindly signing the authorization form.
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Old Dec 24, 13, 5:46 am
  #2194  
 
Join Date: Jul 2012
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Originally Posted by TheChallenge View Post
I've had full credit checks before regarding employment, however as others have said it really should only be a concern in areas of the financial industry. The reasoning typically is they don't want to see you owe some outrageous sum in debt that will make it more tempting to embezzle funds. Some government jobs are also the case for security reasons. Overall inquiries don't matter; they want to see a total sum owed, to whom, and types of debt.

If you're not directly having any kind of financial responsibility in the job I would have a serious discussion with the recruiter as to what/how each part of the credit report will be used prior to blindly signing the authorization form.
If you owe "some outrageous amount of money" then you might be more likely to steal whatever product your employer has, whether it's a bank, a garage, a computer manufacturer, or whatever. Right?
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Old Dec 24, 13, 11:00 am
  #2195  
 
Join Date: Jun 2013
Posts: 194
Update on my 1st AOR after my original where I applied for 12 cards:

BOA Virgin - Instant
US Bank Club Carlson Business - approved after reconsideration and freezing ARS & IDA
Citi Hilton Visa - Instant
Chase Hyatt - Instant
Amex Starwoods Business - Instant
Barclays US Air - Instant
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Old Dec 24, 13, 4:01 pm
  #2196  
 
Join Date: Jul 2011
Posts: 317
AOR 2 advice....

Appreciate the expert advice...

So my wifes annual fees are due in Jan and would like to run another AOR on same time I cancel her accounts. Following is what she has and want to cancel.

1. Chase United explorer (need to cancel)
2. Citi AA Visa (need to cancel)
3. Citi AA Amex (need to cancel)
4. Chase Ink Bus (not planning to cancel)
5. Chase Freedom (she shares a card with me)

Could someone please advice which cards should I look into? get further rewards....I am mainly interested in Airline miles....

Thanks in advance.
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Old Dec 24, 13, 8:52 pm
  #2197  
 
Join Date: Sep 2012
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Originally Posted by fliesdelta View Post
If you owe "some outrageous amount of money" then you might be more likely to steal whatever product your employer has, whether it's a bank, a garage, a computer manufacturer, or whatever. Right?
True. However, it's much easier and more damaging to walk away with a duffle bag full of cash or send a wire transfer of company funds to a personal overseas account if you have signature authority versus loading up your SUV with computer hardware. I don't know about what you drive, but it'd take quite a few car loads of MacBooks to equal one duffel bag of 100's.
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Old Dec 24, 13, 10:35 pm
  #2198  
 
Join Date: Dec 2003
Location: Brooklyn, NY, United States
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Originally Posted by woow14610 View Post
Appreciate the expert advice...

So my wifes annual fees are due in Jan and would like to run another AOR on same time I cancel her accounts. Following is what she has and want to cancel.

1. Chase United explorer (need to cancel)
2. Citi AA Visa (need to cancel)
3. Citi AA Amex (need to cancel)
4. Chase Ink Bus (not planning to cancel)
5. Chase Freedom (she shares a card with me)

Could someone please advice which cards should I look into? get further rewards....I am mainly interested in Airline miles....

Thanks in advance.
Citi AA Biz -50K
Barclaycard US Airways - 35K
Chase Airtran - 32 credits - 2 RTs
Barclaycard Frontier - 40K
Barclaycard Arrival (hey $400 is $400)
Chase Sapphire Preferred 40K (transfer)
Chase Ink Bold 50K (transfer)
BoA Virgin Atlantic 50K
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Old Dec 24, 13, 11:08 pm
  #2199  
 
Join Date: Jul 2011
Posts: 317
Originally Posted by mnscout View Post
Citi AA Biz -50K
Barclaycard US Airways - 35K
Chase Airtran - 32 credits - 2 RTs
Barclaycard Frontier - 40K
Barclaycard Arrival (hey $400 is $400)
Chase Sapphire Preferred 40K (transfer)
Chase Ink Bold 50K (transfer)
BoA Virgin Atlantic 50K
Thank you so much. Could you please clarify what is Transfer means? Also since my wife already have AA personal cards and planning to cancel in this round will that effect her approval for the business cards?

Thanks,
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Old Dec 25, 13, 3:04 am
  #2200  
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Originally Posted by mnscout View Post
Citi AA Biz -50K
Barclaycard US Airways - 35K
Chase Airtran - 32 credits - 2 RTsBarclaycard Frontier - 40K
Barclaycard Arrival (hey $400 is $400)
Chase Sapphire Preferred 40K (transfer)
Chase Ink Bold 50K (transfer)
BoA Virgin Atlantic 50K
I thought chase stopped the Airtran card, it's not on thier site, this would be have been a sweet card to get, it was one of my next cards..
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Old Dec 25, 13, 6:08 am
  #2201  
 
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Originally Posted by TheChallenge View Post
True. However, it's much easier and more damaging to walk away with a duffle bag full of cash or send a wire transfer of company funds to a personal overseas account if you have signature authority versus loading up your SUV with computer hardware. I don't know about what you drive, but it'd take quite a few car loads of MacBooks to equal one duffel bag of 100's.
Keep in mind, you can steal from a company without actually removing something from a shelf. Proprietary information, source code, clients lists, etc., can all be very valuable, and the temptation to sell those might be higher if the applicant is in financial trouble.
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Old Dec 25, 13, 7:24 am
  #2202  
 
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http://money.cnn.com/2013/12/17/pf/e...cks/index.html

Sum: Sen. Warren (MA) with others sponsoring a bill to keep credit information out of job hiring decisions.
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Old Dec 25, 13, 7:49 am
  #2203  
 
Join Date: Dec 2013
Location: LA/NYC
Posts: 53
https://creditcards.chase.com/a1/airtran/32quicklinks
Looks like it might still exist

Originally Posted by FlightNurse View Post
I thought chase stopped the Airtran card, it's not on thier site, this would be have been a sweet card to get, it was one of my next cards..
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Old Dec 25, 13, 8:50 am
  #2204  
 
Join Date: Sep 2012
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Originally Posted by fliesdelta View Post
Keep in mind, you can steal from a company without actually removing something from a shelf. Proprietary information, source code, clients lists, etc., can all be very valuable, and the temptation to sell those might be higher if the applicant is in financial trouble.
Yes, I am very aware that any asset of value could potentially be walked off with physical or not. However, since cash is typically the asset that's the most liquid, portable, desirable, and non traceable, it's always going to warrant additional scrutiny.
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Old Dec 25, 13, 11:53 am
  #2205  
 
Join Date: Apr 2013
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Originally Posted by FlightNurse View Post
I thought chase stopped the Airtran card, it's not on thier site, this would be have been a sweet card to get, it was one of my next cards..
There is no way to use these AirTran credits with the southwest companion pass is there? I did a search and it looks like the answer is no.
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