The DU Lounge

Major Nikon

(36,925 posts)

8. Here's what you need to know about it

Sun Sep 9, 2012, 07:47 PM

Sep 2012

If a company runs a credit check on an employee, that employee has a right to know if that information was used adversely against them per the Fair Credit Report Act. I don't remember if they have to give this information to you, or you have to request it. Either way it's available.

Because of this, many companies will not run credit checks on all prospective employees. The reason is because if an employer doesn't have a good reason for excluding employees based on their credit, they can run into problems with prospective employees filing civil rights complaints since minorities often have worse credit than non-minorities.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

42 replies

= new reply since forum marked as read

Highlight:

Why do companies do credit checks on potential new employees? [View all] blueamy66 Sep 2012 OP

They're only looking for people who don't need the job. HopeHoops Sep 2012 #1

oh, okay, gotcha blueamy66 Sep 2012 #2

It depends on the job being applied for Generic Brad Sep 2012 #3

I can see if he was asking for a bank job.... blueamy66 Sep 2012 #6

It's just another flaming hoop to make applicants jump through in a tight job market Populist_Prole Sep 2012 #4

Exactly. blueamy66 Sep 2012 #5

+1 fbguy_144 Sep 2012 #29

It's not a recent development - over twenty years ago csziggy Sep 2012 #40

sometimes they say that, but don't run it MrsBrady Sep 2012 #7

Here's what you need to know about it Major Nikon Sep 2012 #8

interesting....than\k you for the info.... blueamy66 Sep 2012 #10

I was told they would run a credit check on me to work at the library LishaD35 Sep 2012 #9

but why? blueamy66 Sep 2012 #11

Yes, that was my plan, LishaD35 Sep 2012 #15

Interestingly, libraries are one of the few fields where I've been told they always run the reports. Chan790 Sep 2012 #32

Thanks for the info. LishaD35 Sep 2012 #41

I've posted this before: And what happens if someone's identity is stolen... BlueJazz Sep 2012 #12

it just seems like "you" cannot win anymore blueamy66 Sep 2012 #13

I just bought a car NV Whino Sep 2012 #14

You are kidding me, right?? blueamy66 Sep 2012 #16

Yep NV Whino Sep 2012 #17

Did you walk out? blueamy66 Sep 2012 #18

No, I bought the car NV Whino Sep 2012 #21

A friend of mine years ago AmyDeLune Sep 2012 #19

they want a credit check and your yearly income, etc...because... yawnmaster Sep 2012 #20

Yeah, we already agreed on the price NV Whino Sep 2012 #22

There's a few states pushing to make this illegal. Initech Sep 2012 #23

Good, cause it serves no purpose IMHO blueamy66 Sep 2012 #25

I completely agreed there. Initech Sep 2012 #26

Some of the reasoning used is that a person under financial stress Ikonoklast Sep 2012 #24

Well, he is being garnished....but is that wrong? blueamy66 Sep 2012 #27

Don't think that being garnished to pay child support even rings the bell. Ikonoklast Sep 2012 #28

well, he's current and has been paying.... blueamy66 Sep 2012 #30

It's just one more way to keep the poor poor. harmonicon Sep 2012 #31

That's the way I see it, too Art_from_Ark Sep 2012 #42

the same reason they piss test ditch diggers Kali Sep 2012 #33

true that blueamy66 Sep 2012 #34

Well, he's officially been released to work again at his current job as of today blueamy66 Sep 2012 #35

Any data is helpful when hiring and sometimes required ksoze Sep 2012 #36

but what about the "little guy/gal" who has had a tough life and is trying to turn it around? blueamy66 Sep 2012 #37

I've been following this thread in the hopes of a good outcome. Do let us know. Populist_Prole Sep 2012 #38

Thank you soooo much. blueamy66 Sep 2012 #39