The job market has been tough for older workers, but did you ever imagine that you wouldn’t land a job because of your credit report? It’s possible. As I wrote about in my Forbes blog, Bad Credit Can Cost You a Job, if you’re looking to change careers, find a new job, get promoted, or just hang onto

The economy plummets. You lose your job. Soon, you start to find it hard to make ends meet. You start putting things on your credit card. Then you fall behind in your card payments. All the while you’ve been desperately looking for a new job. Little do you know that being behind on credit card

Middle-income Americans age 50 and older are now carrying more credit card debt on average than younger people, according to a 2012 study released by Demos. This is a reversal of the findings from the Demos survey which took place in 2008.

Emmett Pinkston served in the military for 30 years, first in the Marines, then in the Air Force, then in the Army. He helped coordinate security for President George W. Bush during the G8 Summit on Sea Island, Ga., in 2004, and worked as an intelligence analyst in Iraq from 2005 to 2007, some of

While much of the country’s attention is focused on the need for job growth, a new report to be released Monday, March 4 by national public policy organization Demos reveals the ways in which the use of credit history in hiring acts as a significant barrier to employment and may lead to

Young adults are pulling back on credit-card debt for similar reasons, said Amy Traub, a senior policy analyst at Demos, a public policy research organization. It found that Americans age 25 to 34 cut their credit card debt in half between 2008 and 2012. All around them, young adults are seeing

Despite millennials' lingering reputation as financial delinquents, it turns out not everyone drowning in credit card debt has a newly-printed college diploma and a stack of student loan bills. A recent article by Reuters' Chris Taylor reveals baby boomers are facing an even steeper road to

Harsh, an IT professional from Tuscola, Illinois, is 62, around the age at which a lot of people start actively planning to retire to a white-sandy beach with a frozen margarita in hand. Harsh's debt snuck up on her as she helped her two daughters with college and living costs. She went back to

High unemployment and underemployment forced one in four Americans to pull money out of a retirement plan to make ends meet. ... A separate study on credit-card debt done by Demos, which surveyed some 997 households, warns that middle-income households of those nearing retirement are running up huge

Alfred Carpenter, 52, was working for a high-end shoe store in 2007, when the recession put the company out of business. A long-time salesman, Carpenter wasn't worried about getting another job, but then broke an ankle a few months later and ended up in the hospital. With no insurance and a $50,000