Credit check for employment.

Discussion in 'Economy' started by trobinett, Jan 20, 2007.

  1. trobinett
    Offline

    trobinett Senior Member

    Joined:
    Oct 25, 2004
    Messages:
    1,832
    Thanks Received:
    162
    Trophy Points:
    48
    Location:
    Arkansas, The Ozarks
    Ratings:
    +162
    By Ben Arnoldy | Staff writer of The Christian Science Monitor
    BOSTON - Lisa Bailey worked for five months at Harvard University as a temp entering donations into a database. When the university made the job a salaried position, Ms. Bailey, who is black, saw a chance to lift herself out of dead-end jobs.
    Bailey's superiors encouraged her to apply, she says, but turned her down after discovering her bad credit history.
    Lisa Bailey: She says Harvard denied her a job because of her credit history.
    MARY KNOX MERRILL – STAFF
    In the Monitor
    Friday, 01/19/07

    Bailey, with her lawyer, has lodged a complaint against Harvard charging racial discrimination. The reason: Studies show that minorities are more likely to have bad credit, but credit problems have not been shown to negatively affect job performance.
    Some privacy and minority advocates are now seeing credit as a civil rights issue as minorities start to fight employers and insurers who base decisions on credit histories. Their effort could slow the near doubling in credit checks by employers in the past decade, which impacts millions of Americans who are struggling with debt.
    "It's definitely a civil rights issue because of the growing use of credit reports and credit scores for hiring, renting an apartment, insurance, and the fact that people of color have not been integrated into the credit scoring system as much as traditional, white, middle-class America," says Evan Hendricks, author of "Credit Scores & Credit Reports: How the System Really Works, What You Can Do."
    In a 2004 study involving 2 million people, the Texas Department of Insurance found that blacks have an average credit score roughly 10 percent to 35 percent worse than whites; Hispanics have scores 5 percent to 25 percent worse than whites.

    http://www.csmonitor.com/2007/0118/p01s03-ussc.html


    Wonder if this would impact the "Bridge People" of New Orleans?

    Seems like a reasonable check to run on potential employee's.

    What say you?
     
  2. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Credit checks done when working in banks and teaching. Don't have to be 'perfect' but cannot be 'risky'. I understand the bank, the only reason I can see with teaching, is character.
     
  3. manu1959
    Offline

    manu1959 Left Coast Isolationist

    Joined:
    Oct 28, 2004
    Messages:
    13,761
    Thanks Received:
    1,625
    Trophy Points:
    48
    Location:
    california
    Ratings:
    +1,626
    don't want high credit risks working in posistions where they can be compromised or steal......

    her job... "entering donations into a database."

    i would have done a credit check as well....her job involved money and information....
     
  4. CockySOB
    Offline

    CockySOB VIP Member

    Joined:
    May 20, 2006
    Messages:
    709
    Thanks Received:
    108
    Trophy Points:
    78
    Location:
    Midwest USA
    Ratings:
    +108
    These days, many employers do a credit check and a basic criminal background check for most mid-level positions, and the investigations get more detailed depending on the amount of power in the position.
     
  5. MtnBiker
    Offline

    MtnBiker Senior Member

    Joined:
    Sep 28, 2003
    Messages:
    4,327
    Thanks Received:
    230
    Trophy Points:
    48
    Location:
    Rocky Mountains
    Ratings:
    +230
    Buy what you can afford, pay your bills on time.

    Employers checking credit can be a good protective action taking by the employer, not only for the company but the other employees as well.
     
  6. trobinett
    Offline

    trobinett Senior Member

    Joined:
    Oct 25, 2004
    Messages:
    1,832
    Thanks Received:
    162
    Trophy Points:
    48
    Location:
    Arkansas, The Ozarks
    Ratings:
    +162
    Actually, you raise an important question MtnBiker.

    Job Safety HAS become much more important these days, what with disgruntled former employees coming back to shoot up the work place.

    Wonder what the "credit rating" of those folks was?
     
  7. insein
    Offline

    insein Senior Member

    Joined:
    Apr 10, 2004
    Messages:
    6,096
    Thanks Received:
    356
    Trophy Points:
    48
    Location:
    Philadelphia, Amazing huh...
    Ratings:
    +356
    I think employers should be able to use whatever criteria they want for someone that works at their facility. As long as the company isn't publically traded, run by the government, or part of a group of companies that has a written agreement to specific standards, then a company should be able to discriminate by whatever means they deem necassary. If that means they dont want whites or blacks or hispanics, then so be it. If they don't want women or men, then so be it. If they don't want people who are credit risks, then so be it. Their are limiting themselves by doing so, but a company should be allowed to hire and fire who they want.
     
  8. Merlin
    Offline

    Merlin Active Member

    Joined:
    Jul 5, 2004
    Messages:
    405
    Thanks Received:
    61
    Trophy Points:
    28
    Location:
    Ponchatoula, La.
    Ratings:
    +61
    This is sort of a sticky subject for me. I can understand employers, loan institutions, and other interested parties wanting to know about people for different reasons, but I also think that people/originations collecting data on someone "SHOULD" be illegal and not allowed to happen. Credit, paying or not paying bills, should be a very private matter between the borrower and lender and that no database should exist.
     
  9. Hobbit
    Offline

    Hobbit Senior Member

    Joined:
    Mar 25, 2004
    Messages:
    5,099
    Thanks Received:
    420
    Trophy Points:
    48
    Location:
    Near Atlanta, GA
    Ratings:
    +421
    All of you miss the point. Whether or not a credit check is necessarily a qualification of employment, one's credit rating is purely a result of one's own choices. Everyone is born with perfect credit. You, personally, have to screw up to get bad credit, and if you stop screwing up, bad credit is easy to fix. Claiming that a credit check is descrimination is like claiming that a dress code or hair style standards are descrimination. This is just another effort by a bunch of idiots to try to release themselves from the consequences of their actions.
     
    • Thank You! Thank You! x 1
  10. trobinett
    Offline

    trobinett Senior Member

    Joined:
    Oct 25, 2004
    Messages:
    1,832
    Thanks Received:
    162
    Trophy Points:
    48
    Location:
    Arkansas, The Ozarks
    Ratings:
    +162
    Hmm, that kinda removes all the "wiggle room" Hobbit.:cool:
     

Share This Page