There 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!
