ASAP
EEOC to Hold Meeting on the Use of Credit History as Employment Screening Device
The use of credit checks in employment has been receiving some attention in Congress. Last month, the House Financial Services Committee conducted a hearing to discuss the Equal Employment for All Act (H.R. 3149), a bill that would amend the Fair Credit Reporting Act to make it unlawful, with certain limited exceptions, to base adverse employment decisions against prospective and current employees on consumer credit reports. This legislation has not advanced in Congress.
This is the second meeting held in recent years in which the use of credit checks in the employment process has been discussed at an EEOC meeting. On May 16, 2007, a public meeting was held in which the EEOC discussed “how agency-enforced laws apply to employment testing and screening ”
Topics of discussion at the 2007 meeting included the use of credit histories in the pre-employment process. No formal action was taken by the EEOC following the 2007 meeting.