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TransUnion battling attempts to ban employment credit checks

Posted on April 29, 2010 by pogowasright.org

Julie Wernau reports:

TransUnion, the Chicago-based credit reporting agency controlled by the powerful Pritzker family, is fighting to preserve the use of credit checks in employment screening, even as several states, including Illinois, threaten to outlaw the practice in most circumstances as discriminatory.

[…]

TransUnion has publicly defended credit checks as a way for employers to protect themselves against theft and fraud. The thinking is that someone who has a poor credit history or has gone bankrupt might be more likely to engage in unethical or illegal behavior, especially in jobs where they handle money or are involved in financial matters.

But legislators and labor experts contend credit screening just makes it difficult for honest people to find work.

Read more in the Chicago Tribune.

Category: BusinessLawsWorkplace

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