Friday, June 01, 2012

NYT wants Congress to ban employment credit history checks for most jobs


On May 31, the New York Times weighed in on the practice by many employers of doing pre-employment credit checks, and denying jobs, sometimes on the basis of information on the wrong person, as with identity theft or reporting errors.  The editorial link is here

The Times maintains that the practice creates as “credit history underclass” that feeds on itself, and that in most cases there is no job-related justification.

The NYT wants Congress to follow seven states in taking up the issue.

When I worked for a credit reporting company (Chilton, in Dallas) in the 1980s, the employer did a credit history check in 1987 during merger controversies and eventual downsizing.

In those days, it was common for employers to regard associates as having "absolute responsibility" for their own credit histories and reported worthiness. 

What about using “online reputation” checks?  They would be even less reliable.  

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