[citation][nom]nahdogg[/nom]They check your credit because your credit is a record of your fulfilling promises. When you sign a contract with a bank or a credit card company you are promising to repay them. If you blow them off and decide not to pay you are breaking the promise and as a result your credit score (think of it as a 'Trustworthiness Meter') goes down. Some people are perpetual liars/scammers and their credit score reflects it. People who screw up their credit inadvertantly can repair the damage -but over time. Trust/credit is a valuable commodity and shouldn't be something that changes exponentially in short periods of time. Based on your comment your probably some idiot who blew their credit without thinking and now blames the system for holding them accountable.[/citation]
Uh no, my credit is perfect, but I understand your point. However, as others have responded, your credit might be bad for reasons that have nothing to do with your trustworthy-ness. And NO ONE ever said your credit report was a reflection of your personal character. It is simply a collection of your previous credit arrangements with companies.
And as I pointed out, I didn't say ALL bad credit ratings are based on nothing. I specifically mentioned that someone without a job/money is going to have bad credit because they will be forced to miss payments, borrow for something they know they can't pay off, and even go into bankruptcy (all to survive). All because some heartless company decided to fire them in the middle of a recession. That's how the world works. Its criminal for another company to deny that person employment because their previous employer laid them off with thousands of other people despite the fact that they were a good hard worker.