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Originally Posted by kknudson
I believe some states (IL ??) have made them illegal as part of the hiring process.
I would agree with them if you are doing financial transations, handling large amount of cash etc.
Otherwise I think they are a poor indicator of a person.
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This leads us to two questions: - Where are employers supposedly getting these credit scores? With your written permission, anyone can pull your credit report and credit score. That being said, if you are turned down due to to anything about your credit, the company turning you down must send you the proper notification and documentation to allow you to correct incorrect information.
- Is it legal to base hiring decisions on information contained in credit reports or on credit scores? According to the EEOC, it is legal for employers to use your credit report/score in hiring practices. The only things about you that cannot be taken into consideration during the hiring process (considered discrimination and therefore illegal): race, color, religion, sex, national origin, disability, and age. There is nothing mentioned about credit discrimination.2
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Why do you think so? IF I am constantly behind on my payments, wouldn't I be more easily tempted to take a quick shortcut to better my situation? Say I am a soldier in Iraq or Afghanistan. I am worried about the bills I left behind. Suddenly, Al Qaeda comes along and says "Hey. If you give me this one little piece of information, nobody gets harmed and I give you $20K to deal with whatever you want.". If I am hocked to my eyeballs, I will be more easily tempted. Or how about this. Wifey will be more easily tempted to take her prescription pad, make a few bucks by writing unnecessary scripts to druggies and take care of some debt.