Credit scores are a good indicator of responsible attitudes.
I think for the most part this is a generalization. I think that if credit scores are the "paramount" factor in hiring decisions, THEN we have a big problem.
I can tell you this:
I have been unemployed for over a year now. I have not ever missed a payment, nor I have any late payments; however, due to my diminished income, I can't make full child support payments -I haven't stopped making them- but I can only pay 1/3 of what I'm supposed to.
Due to that, and just due to that, they have been adding collection entries in my credit. This has had a snowball effect in my credit profile: I've had my credit reduced and even perfectly healthy credit card accounts closed by the issuer.
My biggest fear is that somebody will make a character judgment on a child support collection account showing up in my credit file. I can tell you that my credit file DOES NOT reflect how responsible I am and how much sleep I Iose over it.
I think the current depression should be a gauge that the systems that have been put in place to benefit financial institutions assessment of risk, should hot be used outside that purpose unless it's used in addition to other criteria.