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Bad Credit Score

Posted: Tue Nov 14, 2017 10:29 pm
by Anonymous User
Has anyone heard of someone's biglaw offer getting rescinded due to having a bad credit score come back on a background check? Thanks

Re: Bad Credit Score

Posted: Wed Nov 15, 2017 12:39 am
by SmokeytheBear
no.

but how bad is bad?

Re: Bad Credit Score

Posted: Wed Nov 15, 2017 12:42 am
by jphiggo
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.

Re: Bad Credit Score

Posted: Wed Nov 15, 2017 5:28 pm
by PorscheFanatic
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.

Re: Bad Credit Score

Posted: Wed Nov 15, 2017 6:20 pm
by rpupkin
Anonymous User wrote:Has anyone heard of someone's biglaw offer getting rescinded due to having a bad credit score come back on a background check?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.

Re: Bad Credit Score

Posted: Thu Nov 16, 2017 6:31 pm
by Anonymous User
How bad is "bad"?

Re: Bad Credit Score

Posted: Wed Nov 22, 2017 1:53 pm
by Anonymous User
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.