Assessing an applicant’s credit history can be a crucial step when hiring for roles involving financial management, handling sensitive or confidential information, or requiring security clearance. Reviewing their financial background allows employers to make well-informed decisions. A credit history report provides insights into bankruptcies, outstanding balances, judgments, liens, and payment behavior. If a candidate struggles to manage their own finances, it raises concerns about their ability to responsibly oversee financial matters within the organization.