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Consumer Protection & Corporate Accountability

Protecting the Unemployed from Abusive Credit Inquiries

As the economic downturn progresses, American workers are facing a disturbing rise in employers using credit ratings to determine job worthiness.  According to a 2006 survey by the Society for Human Resource Management, the number of firms using credit histories to screen applicants rose from 25% in 1998 to 43% despite such inquiries often being discriminatory and even illegal.