When performing a credit check, a potential employer might look for any kind of potential derogatory mark. They're looking to determine whether you're in a poor financial situation, since a person who has huge debt might be a liability to the company's security. Still, as long as you're more than qualified for the job, you should have a good chance even if your credit report isn't exactly in top shape.
There isn't really one part that's much more relevant than the other. That depends entirely on the employer.
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