The Practice of Credit Checks During Job Hunting May Soon Be Outdated – MaybeMoney

The Practice of Credit Checks During Job Hunting May Soon Be Outdated

The Practice of Credit Checks During Job Hunting May Soon Be Outdated

New York City recently enacted a new law, thought to be the most stringent in the nation, prohibiting credit checks for job applicants. This groundbreaking legislation was passed last Thursday with a resounding 47-3 vote. Brad Lander, who spearheaded the bill, argued that credit checks often act as a discriminatory tool, bearing no relation to an individual’s potential job performance. He said, “Millions of Americans despite having bad credit, can make exceptional employees. For them, gaining employment can be a crucial step towards mending their credit; making it difficult for them to find a job is plainly unjust”. Discover more about the banning of credit checks in New York City at CNN Money.
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