Tag Archives: credit reports

New York City to Bar Employers from Viewing Credit Reports of Job Seekers


Written By ESR News Blog Editor Thomas Ahearn

The New York City Council is expected to pass a bill – “Stop Credit Discrimination in Employment Act” (Int. No. 261-A) – that will bar employers from viewing the credit reports of job seekers and also prohibit them from asking about credit scores in job interviews, according to an exclusive report from the New York Daily News. (UPDATE: The New York City Council passed a bill that makes it illegal to request or use a job applicant’s credit history in making a hiring decision and bars most employers from checking a job candidate’s credit record. Read the full story.) Continue reading

300 Credit Reports Sent to Woman by Mistake

 Credit Report Blogs

Written By ESR News Blog Editor Thomas Ahearn

A woman in Maine who requested a free credit report for herself online inside returned home one night to find her mailbox full with more than 300 credit reports addressed to her but containing confidential information belonging to other people, according to a report from WGME CBS 13 in Portland, ME. Continue reading

Credit Reporting Agencies Announce Plan to Improve Credit Report Accuracy

Credit Report Blogs

Written By ESR News Blog Editor Thomas Ahearn

The three leading national Credit Reporting Agencies (CRAs) – Equifax, Experian, and TransUnion – have announced a National Consumer Assistance Plan to improve the collection of complete and accurate consumer information while giving consumers more transparency and improved interaction with credit bureaus about credit reports, according to a joint press release from all three companies. Continue reading

FTC Issues Credit Report Accuracy Study

Credit Report Blogs

Written By ESR News Blog Editor Thomas Ahearn

A follow-up study of credit report accuracy issued by the Federal Trade Commission (FTC) has found that most consumers with previously reported unresolved errors on their credit reports believe that some disputed information on those reports is still inaccurate, according to an FTC press release. The study is available here: Report to Congress Under Section 319 of the Fair and Accurate Credit Transactions Act of 2003. Continue reading

New York City May Ban Credit Checks by Employers

Credit Report Blogs

Written By ESR News Blog Editor Thomas Ahearn

New York City Council members are considering legislation – Introductory Bill Number 261 (“Int. No. 261”) – that would amend the administrative code of the city “in relation to prohibiting discrimination based on one’s consumer credit history” and prevent employers from using credit checks in employment decisions. More information about the bill is available here: Int. No. 261. Continue reading

Credit Reports Becoming Disfavored Tool in Employment Screening that May Disappear from Hiring Landscape

Employers should generally approach the use of credit reports for employment purposes with great caution, carefully examining if such use is regulated by state law, is relevant to the job, and be on the lookout for potential future restrictions in 2014 as credit report checks continue to become a disfavored tool that could potentially disappear from the hiring landscape.  This is Trend Number Eight of the 7th Annual Employment Screening Resources® (ESR) ‘Top Ten Background Check Trends’ for 2014. For more information about the trends, please visit http://www.esrcheck.com/ESR-Top-Ten-Background-Check-Trends. Continue reading

Nevada Law Restricting Employer Access to Credit Reports and Social Media Accounts Takes Effect October 1

A new law in Nevada signed by Governor Brian Sandoval – Assembly Bill 181 (A.B. 181) – will restrict employer access to social media accounts and credit report information of both employees and job applicants beginning on October 1, 2013. The full text of Nevada Assembly Bill 181 is available at http://www.leg.state.nv.us/Session/77th2013/Bills/AB/AB181.pdf. Continue reading

Starting July 1 New Colorado Law Specifies Permissible Use of Credit Reports by Employers

A new law passed by the Colorado General Assembly that takes effect July 1, 2013 – SB13-018, the “Employment Opportunity Act” – will specify the permissible use of credit reports by employers. The Act outlines the purposes for which consumer credit information such as consumer credit reports and credit scores can be used by private sector employers or potential employers with four or more employees in making employment-related decisions. More information about the Employment Opportunity Act is available at http://www.coloradocapitolwatch.com/bill/0/SB13-018/2013/1/. Continue reading

Delaware Bill Would Prohibit Employers from Considering Criminal Record and Credit History of Applicants before Job Offer

Lawmakers in Delaware have introduced legislation – House Bill No. 167 – that would prohibit public employers in the state from considering the criminal record or credit history of an applicant before making a conditional job offer. The bill would also restrict the authority of state and local government agencies to conduct criminal background checks on potential new hires. The full text of House Bill No. 167 is available at http://legis.delaware.gov/LIS/lis147.nsf/vwLegislation/HB+167/$file/legis.html?open. Continue reading

Nevada Becomes Tenth State to Prohibit Use of Credit Reports by Employers for Employment Purposes

With Governor Brian Sandoval signing Senate Bill 127 (SB 127) into law, Nevada has now become the tenth state in the U.S. to prohibit employers from conditioning employment on a consumer credit report or other credit information with few exceptions. The full text of Nevada SB 127 – which goes into effect on October 1, 2013 – is available at: http://openstates.org/nv/bills/77/SB127/. Continue reading