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Jobs will also look at your credit score, but for a retired person it can quickly become meaningless.



Why do employers care


Employers are looking for stability, so a poor credit score is a proxy for a risky hire (in their minds). Even if 50% of the low scores are due to either medical debt or student loans, it helps them weed out "undesirables."


So they have an excuse to not hire minorities and people of color who have lower scores on average.


You might abuse your position for illicit gain in order to pay off debts.




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