Job Denied Based On Credit Score
Are you willing to comply with a background check? Part of that background check may be agreeing to a credit check as well. But is it a fair assessment of the person that is applying for the position?
Being denied a job based on a credit score is not uncommon, especially if the position requires employees to handle customer personal information such as credit card numbers. Employers may be reluctant to consider or may deny a position to an otherwise qualified candidate based on their credit score, despite the lack of criminal history. Although understood for employers to protect themselves from the possibility of identity theft, could this act be a new form of discrimination that is ignored.
"According to MSN Money's Liz Pulliam Weston, a 2006 member survey conducted by the Society for Human Resource Management revealed that 43 percent of companies conduct creditchecks on job applicants."
"Identity theft has become one the fastest growing crimes across America, according to the Federal Trade Commission. The Identity Theft Act of 1998 states that companies will be held responsible for not conducting a background check if an employee commits identity theft. The company may be charged with aiding and abetting to the crime."
Understanding Your Credit Score
Wikipedia defines discrimination as: "the prejudicial treatment of an individual based on their membership in a certain group or category. It involves the actual behaviors towards groups such as excluding or restricting members of one group from opportunities that are available to another group."
The EEOC (Equal Employment Opportunity Commission) protects against the discrimination based on race, sex, religion, or national origin.
Who protects the employment of the financially challenged?
Loss of job, pregnancy, accidents, and illness are all examples of situations that could result in poor credit history. Passing judgments of laziness, poor financial decisions, or subject to turn "criminal" is stereotyping at best. Individuals well-qualified and in need of employment to improve their financial status and credit history are being denied the opportunity to explain or justify any poor credit standings, and being denied opportunities to improve their situation. With the scarcity of jobs currently in the workforce, this is just another roadblock in the way of some honest individuals that are desperately trying to care and provide for their family.