Bad Credit Score

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Anonymous User
Posts: 302848
Joined: Tue Aug 11, 2009 9:32 am

Bad Credit Score

Postby Anonymous User » Tue Nov 14, 2017 10:29 pm

Has anyone heard of someone's biglaw offer getting rescinded due to having a bad credit score come back on a background check? Thanks

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SmokeytheBear
Posts: 859
Joined: Wed Jun 15, 2016 1:40 pm

Re: Bad Credit Score

Postby SmokeytheBear » Wed Nov 15, 2017 12:39 am

no.

but how bad is bad?

jphiggo
Posts: 276
Joined: Sat Feb 08, 2014 8:14 pm

Re: Bad Credit Score

Postby jphiggo » Wed Nov 15, 2017 12:42 am

Depending on what got it there and is keeping it there, there could be implications with the bar in your jurisdiction. Might want to check into that now if you haven't already.

PorscheFanatic
Posts: 95
Joined: Wed Oct 25, 2017 5:19 pm

Re: Bad Credit Score

Postby PorscheFanatic » Wed Nov 15, 2017 5:28 pm

I think the bar admission would be a bigger issue, doubt firms will care (mine never ran credit or anything during hiring process).

I've heard of jurisdictions not admitting based on low credit scores for different reasons, based on the fact that if a lawyer is in heavy debt he/she might be more inclined to engage in shady/unethical practices to skim some extra cash.

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rpupkin
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Re: Bad Credit Score

Postby rpupkin » Wed Nov 15, 2017 6:20 pm

Anonymous User wrote:Has anyone heard of someone's biglaw offer getting rescinded due to having a bad credit score come back on a background check?

No, but I've heard of bad credit causing problems for C&F.

Anonymous User
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Re: Bad Credit Score

Postby Anonymous User » Thu Nov 16, 2017 6:31 pm

How bad is "bad"?

Anonymous User
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Joined: Tue Aug 11, 2009 9:32 am

Re: Bad Credit Score

Postby Anonymous User » Wed Nov 22, 2017 1:53 pm

I had pretty shit credit going into my 2L summer (like 590 I think). Was paranoid about my firm caring if it came up in my background check. Nothing ever happened, had great summer, got offer. This was a V50 in NYC.




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