[Broken_Hippo]

There are some laws for higher-ups when they are dealing with finances, mostly because of liability issues.

Other than that, this is really common in entry-level jobs (When I was young and didn't have a handle on finances, I nearly got turned down for a gas station job, on the premise that bad credit meant that I was more likely to steal stuff). Never really know if it is a big deal to the company or not, really.I'd have been pissed off if I had bad credit due to hospital bills or something else out of my control like so many people, but that particular stuff was entirely my own fault and stupidity.

But most times, it is just a formality, you know, because they can.

[chatmasta]

What are these laws exactly? Are you saying that, e.g. CFO, requires a minimum credit score, by law?

[NeutronBoy]

Not a minimum credit score, but it's prudent to check if a candidate who you're wanting for a role that has significant control over money is financially sound. One of the major motivators of financial fraud is necessity.