Monday, March 08, 2010

Credit screening

In today’s record unemployment, finding a job is no easy feat. Several states may ease the process with a ban against credit checks on job applicants. 
Should a job seeker’s credit history or credit score be used to determine their eligibility for hire?    




Comments

1. Jenny said...

No way

2. Jasper said...

yeah, politicians

3. Micah said...

Unless they are working in financial services,I don't see how a credit check is relevant.

4. Rhonda said...

I agree with Micah,this is just another not so subtle way of screening and profiling.

5. Howard said...

Damn! I had no idea.This is wrong.If I was in the job market now,this would kill me.

6. Ronald said...

This practice needs to be outlawed in all 50 states.

7. Pete said...

No, I do not think Credit history is relevant information for hiring.Like saying"if we pay you where will money go???!!""

8. Wayne said...

You have got to be kidding me. We as Americans are resorting to this!!!

A job seeker’s credit history or credit score has no bearing on weather they are to be hired or not!!!!

Come on people, this is illegal!!! I believe it falls under an invasion of privacy.

If a company has to resort to this type of thing, than everyone including the hiree should not have a job at all.

Riddle me this. Why are we as Americans trying or working at all, if this is the case?

I thought a resume and an interview was to be used to determine a persons eligibility for hire? As long as they can sell themselves to the hiring official, than a person will be hired.

This is not an appropriate Question to ask during an interview also? Some questions are not supposed to be ask by an interviewer, and i believe this is one of them.

Why does a person credit score or credit history have to do with a job qualification, to get a job.

Think about this and than Answer the Question and see if it makes sense.

If, we were to let a company into our finances and they see that our finances are not good, and we tried to explain what really happen to them.

what do you think would happen?

1. We would be giving a company power over:
Our lives, family and our finaces.

2. a quick decision, NOT to hire any of us, based on our financial status and not based on our past experience, resume and interviewing us to see if i qualify for the job period.

3. Too much personal business devulged without our consent, unless we choose to.

If every company went to this: No one would have a job!!!!

Get real folks!!!! Use your head!!! Think about it!!!
DO THE RIGHT THING!!!!!

9. Marie said...

No way!

10. Shirley said...

No Way!

11. jacob said...

I am a small business owner and a credit check will tell me much more about an applicant than a resume or even a drug test.A person can get clean from drugs in a month,but not a pattern of poor decisions involving money.

12. oldcoupe said...

jacob you hit it right on the head and it is not ilegal because it is done with your consent you do not have to apply to jobs that do Credit checks simple as that and how do you profile with a credit check?We need to remember that it should work both ways bussinesses should be as free not to give you a job as you should be not to take there job forcing a person to give a job is as bad as focing a person to take a job.

13. Joel said...

I agree that employers should have the right to set conditions for hire.Is a job a right or privilege?I say it is an earned privilege.If the employer wants to do a credit check,he or she has the RIGHT to request relevant background info.

14. james said...

I don't like it.Execptions should be made in these economic times.

15. KJ said...

jacob,oldcoupe and Joel make a whole lot of sense.

16. Cookie said...

Damn Shame! NO WAY!

17. Ryan said...

Another instance of government interferance.

18. Seattle Jesse said...

Credit checks should be performed only in jobs within the financial community.I would not want a financial advisor that could not manage his own finances.Other than that,no.

19. Cyn said...

A person's past should not determine their future.

20. Taylor said...

No way!

21. Crystal said...

It has become commonplace for credit scores and history to be used to determine eligibility for hire not to mention what you pay for auto insurance premiums, loans and to get service connection for cable. Credit scores and history are indicators of whether you are honest, disciplined, mature and have the ability to make sound decisions supposedly. It should not be the sole factor used to determine eligibility for hire, however. The latent agenda behind this is to keep the gap between have and have nots wider. In addition, the premise is that most blacks have horrible credit therefore their ability to compete in the job market is lessened despite experience and education attainment.

22. Ben said...

No

23. Cliff said...

Ditto Crystal

24. AngelD said...

I have yet to come across a real reason for using a credit score to determine whether someone should be hired. An honest person could have good reasons for having a poor credit score. If they have ever lost a job, their ability to pay bills would suffer. All a good credit report shows is that you have always had money to pay your creditors on time. Nothing more.

25. MS WATSON said...

I TOTALLY DISAGREE WITH jacob,oldcoupe and Joel! THIS IS NOT A GOOD JUDGEMENT OF CHARACTER FOR AN APPLICANT WHO IS NOT DIRECTLY DEALING WITH FINANCIALS WITHIN THE COMPANY OR POSITION APPLYING FOR!!

26. Carole said...

The majority of your respondents have hit the nail squarely on the head. There is no need to check the credit score of an applicant outside of the financial community.Drug and criminal background checks are fair ground.Credit history is not a reflection of character.

27. Clark said...

I can see asking for a credit check for some roles. Positions involving handling cash or managing the financial data of others are roles where a credit check makes sense.

That said, the personal financial data that is contained within a credit report should really not be the business of the employer. Given the record average length of time the unemployed are out of work, due to the poor economy, credit scores of such people will suffer. In this case the “poor” credit scores of new hires are no more an indication of “honesty and integrity” as they are indication of victims of an economic system out of control.

Thus to essentially not hire someone because they’ve been out of work for so long hurts the economy more than it helps.

28. Scott said...

Interesting topic.It is always difficult to walk the thin line of necessary employment screening and invasion of privacy.

29. Sunshine said...

I definitely believe that employers have the right to check the credit of potential employees. Poor money management is usually a sign of irresponsible living. It might also call into question the motives of the employee; is he/she really interested in the job, or is his/her back against the wall? Employers have to think about a person's long term commitment to the company. Or...maybe I'm just saying this because I have great credit:-).

30. Mia said...

I don't think credit should be a factor in whether or not someone is hired for a job. Especially in this economy. A lot of people have suffered economically and it has hurt their fico scores. A lot of good, honest people have had this happen to them. Therefore, it is not fair to allow credit reports to determine whether or not someone is employable.



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