Credit report credit score Shreveport

Unfortunately, a bad credit report can work against you in your credit report credit score Shreveport search for employment. For more on how credit report credit score Shreveport a credit record can affect your credit report credit score Shreveport job search, see the FTC's fact credit report credit score Shreveport sheet on this topic, www.ftc.gov/bcp/conline/pubs/alerts/ngcrdtalrt.htm In addition to your payment history, a credit report typically includes information about your former addresses and previous employers. Employers can use this as one way to verify the accuracy of credit report credit score Shreveport information you provide on an application or resume.

My credit rating went down credit report credit score Shreveport when I lost my job. Often a poor credit rating results from circumstances that are beyond your control. The loss of a job or high medical bills often leads to late payments, even bankruptcy. Still a bank or other financial institution may reason that a solid financial history is a qualifying credit report credit score Shreveport factor for an employee who has control credit report credit score Shreveport over substantial sums of money. However, the same argument cannot be made when credit report credit score Shreveport a credit check serves only as a kind of character screening. Some states have now recognized the unfairness in this by adopting laws that require a credit report credit score Shreveport direct relationship to the job before credit report credit score Shreveport a credit check is made. legit free credit report

Several states have passed laws limiting credit reports for employment decisions with provisions that require a nexus to actual job duties. Those states are: Washington, Oregon,Hawaii, Illinois, Maryland and Connecticut. In addition,a bill captioned the Equal Employment for credit report credit score Shreveport All Act (HR 3149) is making its way through the U.S. On credit report credit score Shreveport January 19, 2011, the bill was reintroduced as HR 321 and was referred to the House Subcommittee on Insurance, Housing credit report credit score Shreveport and Community Opportunity.

Shouldthe Equal Employment for Law Actbecome law, potential employers who want to access an applicant’s credit report would have to show that credit history is related to the open position. To follow the progress of this bill, go to http://thomas.loc.gov/home/thomas.php Can my employer continue to credit report credit score Shreveport check my credit after I’ve been hired? Yes.

The FCRA allows employment checks not only for hiring purposes but for other employment purposes such as promotion, retention, or transfer. free credit report gov Credit checks credit report credit score Shreveport for the purposes of retaining you as an employee allows the employer to check you credit periodically. Once you have given your permission, you generally need not be asked again. Employers may credit report credit score Shreveport run periodic checks, for example, as a way to identify individuals who have credit report credit score Shreveport a high debt to salary ratio. To credit report credit score Shreveport an employer, an employee who is overextended financially may be more prone to credit report credit score Shreveport stealing from the company. Can an employer hold that against me? Yes. The employer might be looking for someone who has an established record of paying bills on time. The FCRA says only that certain things like negative information more than seven years old cannot be considered. The absence of a credit history can also be considered.

But if this bit of information means you don't get the job, the employer has to give you credit report credit score Shreveport an adverse notice decision. For more on an employer's responsibility under the FCRA, see www.ftc.gov/bcp/edu/pubs/consumer/alerts/alt053.shtm 8. Investigative Consumer Reports: What Will Your Neighbors Say? Can an employer ask my friends and neighbors about me? Yes. Under the FCRA, a background check that includes interviews with "neighbors, friends, or associates" about your "character, general reputation, personal characteristics, or mode of living" is called an "investigative consumer report." (The term "investigative consumer report" has a different meaning under California Law. getting a free credit report

See www.leginfo.ca.gov, Civil Code §1786.) When information about you is gathered from interviews, the FCRA requires a separate disclosure. You are also entitled to know the "nature and scope" of an investigative consumer report, but you have to ask. For more on how the FTC staff interprets the term "investigative consumer report" and other keys topics credit report credit score Shreveport under the FCRA, visit the FTC web site www.ftc.gov/os/statutes/fcra/index.htm 9.