The unfairness of life constantly amazes me. I recently came across an published in a major periodical. The article contained a shocking figure: At least 43 percent of employers use credit ratings as one part of the applicant screening process.

There is, actually, some decent reasoning behind this. In some cases, the employer may require an employee to pay business expenses out of their personal accounts and those employees later for the out-of-pocket expenses. An employee whose credit is tarnished might encounter problems on a business trip where their card gets declined. In other cases, it just might be a bad idea to hire someone who is not responsible enough to pay their bills on time. That is understandable on a theoretical level.

What I don’t understand is how employers can continue this practice in today’s terrible economic climate. There must be millions of great potential hires out there whose credit ratings have slipped due to circumstances beyond their control. The reader might be one of those people. Maybe it wasn’t your fault that you could not make your bills promptly when you didn’t have a job.

It seems to me that the money and time employers spend poring over people’s “private” financial lives would be better invested — oh, I don’t know — talking to the potential employees or maybe even giving their former supervisors a jingle on the phone. It just seems totally unfair that this figure calculated by the credit bureaus is so important.

Here is the worst part: According to a recent study, at least 25 percent of credit reports contain errors. Since we all have three credit reports, that means that one in every two people have an error in their credit report. In that case, it really is not your fault, and it seems totally unfair that a person could be prevented from earning a living.

Another thing that happens is ID theft. Don’t even get me started on that one. Read some of my past articles to get my take on that one. Someone’s credit rating can be absolutely ruined by these criminals, and a ruined credit rating can cost them job opportunities.

Of course it is not just that employers screen people out based on conditions that may be beyond their control, but that is the way it is. To deal with reality, then, it is important to [spin]monitor one’s credit rating.

What is the best way to keep track of credit ratings? Well, there is an a simple method and a more difficult method. The easy way is to subscribe to a service that sends you regular e-mails about any activity in your reports. If you go this route, make sure that your service monitors all three major credit bureaus. An error reported by Equifax may not be picked up by Trans-Union.

The second way is to take advantage of the law. This entitles Americans to a free copy of each of their credit reports annually. The disadvantages are that you only get one update per year and that you have to actually contact the bureaus yourself.

In any case, monitor your reports. It could help your career.

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