Monday, August 23, 2010

End Pre-Employment Credit Checks

No Credit CheckThere are very few jobs in today's society that really require a credit check to screen people to do the job.  Yet, many companies will run a credit check as routine pre-employment screening.  There is no empirical evidence that shows people with better credit ratings make better employees.

This is not a personal rant in case you are wondering.  My credit is better than OK, but is no one's business, unless maybe I am working say in a Bank or related field.  The government even runs credit checks on people to see if they may be a "security risk."  Once again, they have no evidence to this (just like running a lie detector test) that shows a poor credit rating constitutes a security risk.  They simply base this on "logic" that if you have bad credit you are more susceptible to a bribe. Once again, no evidence exists.

I am all for banning credit checks for pre-employment screening, as it knocks honest hard working people out of the running for jobs which credit is no factor.  When unemployment has been at 10% for so long - a lot of folks will start showing poor credit scores.

If anyone knows of any evidence to the contrary let me know- so far what I have found is non-existent.

Whatever you do- Stay Safe!

3 comments:

  1. I've always wondered what the point is of credit checks. Unless your job requires confident financial planning, it seems useless.

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  2. i cant agree more with that ..

    thanks for stopping by .. hope your sunday is great !

    ReplyDelete