Featured Research

from universities, journals, and other organizations

Rude people have better credit scores, study suggests

Date:
November 3, 2011
Source:
Louisiana State University
Summary:
Researchers have showcased the link between credit ratings and an individual's personality, and shown no connection between poor credit scores and theft.

The use of credit scores as employment screening tools is a hotly debated topic. According to a 2010 poll by the Society for Human Resource Management, 60 percent of surveyed employers conducted credit checks for some or all candidates as part of the hiring process.

With unemployment rates in the United States at double digits, losing a career opportunity has a potentially higher impact than nearly ever before, while the nationwide wave of foreclosures simultaneously makes it more likely for an individual to have a black mark on their record.

In an upcoming study to be published in the Journal of Applied Psychology, researchers from LSU, Texas Tech University and Northern Illinois University have showcased the link between credit ratings and an individual's personality, and shown no connection between poor credit scores and theft.

First, the authors found a link between credit scores and personality types.

"With regards to personality and credit -- it makes sense that conscientiousness is related to good credit, but what was really interesting was that agreeableness was negatively related to your credit score," said Jeremy Bernerth, assistant professor in LSU's E. J. Ourso College of Business Rucks Department of Management. "That suggests easy-going individuals actually have worse credit scores than disagreeable and rude individuals. This suggests that agreeable individuals might get themselves in trouble by co-signing loans for friends or family or taking out additional credit cards at the suggestion of store clerks."

However, contrary to what many employers consider common knowledge and practice, the researchers found no correlation between poor credit scores and bad behavior on the job.

"It was telling that poor credit scores were not correlated to theft and other deviant types of work behaviors," said Bernerth. "Most companies attempt to justify the use of credit scores because they think such employees will end up stealing, but our research suggests that might not be the case."

Authors included Bernerth; LSU Assistant Professor in the E. J. Ourso College of Business Daniel Whitman; Shannon Taylor of Northern Illinois University; and H. Jack Walker of Texas Tech University.


Story Source:

The above story is based on materials provided by Louisiana State University. Note: Materials may be edited for content and length.


Journal Reference:

  1. Bernerth, Jeremy B.; Taylor, Shannon G.; Walker, H. Jack; Whitman, Daniel S. An empirical investigation of dispositional antecedents and performance-related outcomes of credit scores.. Journal of Applied Psychology, Oct 24, 2011 [link]

Cite This Page:

Louisiana State University. "Rude people have better credit scores, study suggests." ScienceDaily. ScienceDaily, 3 November 2011. <www.sciencedaily.com/releases/2011/11/111102125648.htm>.
Louisiana State University. (2011, November 3). Rude people have better credit scores, study suggests. ScienceDaily. Retrieved August 1, 2014 from www.sciencedaily.com/releases/2011/11/111102125648.htm
Louisiana State University. "Rude people have better credit scores, study suggests." ScienceDaily. www.sciencedaily.com/releases/2011/11/111102125648.htm (accessed August 1, 2014).

Share This




More Mind & Brain News

Friday, August 1, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Work Can Be Stressful, But Is Unemployment Worse?

Work Can Be Stressful, But Is Unemployment Worse?

Newsy (Aug. 1, 2014) A new study shows stress at work can be hard on your health, but people who are unemployed might be at even greater risk of health problems. Video provided by Newsy
Powered by NewsLook.com
Google (Kind Of) Complies With 'Right To Be Forgotten Law'

Google (Kind Of) Complies With 'Right To Be Forgotten Law'

Newsy (July 31, 2014) Google says it is following Europe's new "Right To Be Forgotten Law," which eliminates user information upon request, but only to a certain degree. Video provided by Newsy
Powered by NewsLook.com
Stroke Signs: Three Hour Deadline

Stroke Signs: Three Hour Deadline

Ivanhoe (July 31, 2014) Sometimes the signs of a stroke are far from easy to recognize. Learn from one young father’s story on the signs of a stroke. Video provided by Ivanhoe
Powered by NewsLook.com
Grain Brain May Be Harming Us

Grain Brain May Be Harming Us

Ivanhoe (July 31, 2014) Could eating carbohydrates be harmful to our brain health? Find out what one neurologist says about changing our diets. Video provided by Ivanhoe
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins