Blog

Credit History

Washington D.C. Bans Using Credit History Information in the Hiring Process

April 13, 2017 | Doreen Koronios
Washington D.C. Fair Credit in Employment Amendment Act of 2016: Effective April 7, 2017, The D.C. Human Rights Act has been amended to prohibit employers,...
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Four Questions to Ask When Using Employment Credit Reports in Hiring

August 17, 2016 | Doreen Koronios
Most people who use employment credit reports consider the method of payment information, the amount of debt, and the presence of bankruptcies, liens and civil...
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New credit reporting changes are problematic for positions regulated under FINRA. CARCO FAST can help!

August 2, 2016 | Doreen Koronios
  According to an article by credit.com, the major credit reporting agencies are working on a big change that could bolster a lot of people's...
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NEW White Paper: A Question of Credit: Proper Use of CREDIT REPORTS in Hiring

June 28, 2016 | Doreen Koronios
  Our clients often ask us how best to handle credit reports in employment decisions. Our response is “always handle with care!”   Credit reporting is...
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Philadelphia, PA Fair Practices Ordinance: Restricts use of credit history for employment

June 21, 2016 | Doreen Koronios
  The Mayor of Philadelphia signed a bill restricting the use of an applicant or employee's credit history for employment purposes. Philadelphia joins the growing...
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Proposed Bill to Prohibit Use of Credit Reports in Hiring Decisions

September 22, 2015 | Doreen Koronios
  On September 16th, Representative Steve Cohen (D-TN) introduced HR 3524, the Equal Employment for All Act. The Senate version, S. 1981, is sponsored by...
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NYC Close to Banning Employers From Using Credit Checks to Screen Job Applicants

April 18, 2015 | Doreen Koronios
Employers should know that there is legislation that could impact hiring practices in New York City.  The New York City Council passed a law that...
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Reminder that 10 states have banned the use of credit history checks in the hiring process

June 18, 2014 | Doreen Koronios
All the talk is about ‘Ban the Box’ laws for criminal history checks in the hiring process.  However, there are 10 states that have banned...
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New Colorado legislation regarding the use of credit history information by financial institutions for employment purposes

April 8, 2014 | Doreen Koronios
On March 27, 2014, Colorado's Governor enacted Senate Bill S.B. 102, the “Employment Opportunity Act,” which would add employment positions held at financial institutions to...
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Pending Florida Legislation – Use of Credit History in Hiring

March 11, 2014 | Doreen Koronios
On March 4th, Florida State Senator Nancy Detert (R) introduced S.B. 324, which prohibits an employer from using a job applicant’s credit report or credit...
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