4 Reasons to Restrict Credit Checks in Employment
Credit Checks in Hiring are a Catch-22 For American Workers
Many job seekers across the country are caught in a Catch-22: they're behind on their bills because they don't have a job, but they can't get a job because they're behind on their bills.
Families across the country are hurting. National unemployment is in double-digits for the for the first time since 1983 and 9 million homes are expected to face foreclosure between 2009 and 2012.
According to TransUnion, the risk of consumer credit delinquency recently hit an all-time high, which means that credit scores will likely be low for years to come. Our economic recovery depends on putting people back to work, and employment credit checks are currently denying that opportunity to many Americans.