I’ve heard of such a thing, but never experienced it.
Although my latest employer put me through so many hoops, I have no idea what I gave them permission to check.
[EDIT]: Oh wait, you’re talking about termination for bad credit as opposed to credit checks when hiring. Either way, I’m opposed for the reasons I gave below.
Bad enough they do credit checks when renting apartments, but how the hell are you ever supposed to get yourself straightened out if you can’t get a job in your own industry?
I mean, I understand their reasoning, but I think the logic is totally flawed.
I know plenty of people with great credit that are total crooks, and plenty of people with bad credit that are still honest and trying their best to make a go of it.
And everything in between.