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Bad is a judgement which has not happened yet since it is a collection. Delinguent is a collection which is not as bad. I want to get something clear though, are you saying that you are not able to get a job because of this collection? If that is the case the employer is breaking the law by discrimminating against you because of credit which is illegal.
Please let me know if that is the case.
I have not heard of a company requireing a certain credit profile for employment but the rules are the rules. Really scary to me.
#1 under the disqualifying financial issues states any debt of $7500 or more which has been sent to a collection agency(you have 12K sent to an agency)
Cumulative delinquent debt of $7,500.00 or more. (Delinquent debt is: (1) any past due accounts that have
been sent from a creditor to a collection agency or attorney for action; (2) any unpaid balance that has been reported
as a loss to a creditor; (3) a repossession; (4) a court judgment that has not been satisfied; (5) a foreclosure on
property or assets; or (6) any debts that have not been dismissed through a bankruptcy agreement.)
This will disqualify you because the collection is for 12K.
The past due is $1200.00 correct?
I work with credit checks every day. This is a policy of TSA which states the finacial which will disqualify you. You meet two of them. You went into foreclosure and also have a collection higher than $7500.00. You will be disqualified for these two issues.