Or perhaps they had an unexpected medical bill. Despite the talk of the American dream, the US system seems intent on keeping people down when they are down.
It would seem that experience, how you successfully budgeted around a sudden, significant, unexpected expense (possibly combined with loss of income), would be something you'd highlight and use as evidence of your qualifications. Companies want people who can handle the unexpected, especially in finance, since it happens so often.
Hiding it, so that's it's only revealed during a credit check, is the problem.
Hiding it, so that's it's only revealed during a credit check, is the problem.