@Linkat,
Linkat wrote:
livinglava wrote:
If an employer checks an applicant's credit in order to favor people who spend money at businesses the employer prefers and/or does business with, is there any way to block or regulate that to ensure that hiring decisions are made in the absence of any information about an applicant's spending and/or investments?
I would think it unusual for employer to use a credit check to see which businesses you do business with - it basically shows what debt you have and if you have paid debt late.
My take is that most use it for individuals that have access to a company's funds - meaning they are fearful you might be tempted to skim a little off the top.
I work in the financial industry and I remember getting some of this information - we never actually used it to determine a hire and any of us managers felt it was a bit invasive as it is very personal information. Likely that the company has to have a policy overall for all hires so there are some people in very sensitive areas where this would be a necessity.
On the one hand I'm glad to hear there is a legitimate reason for it, but on the other it is disappointing because that gives liars an excuse when they use it to discriminate because they want to hire someone with a bigger mortgage or other loans, which accompanied by a good credit score implies they are bigger spenders who will bring more money into a social network and/or community generally.
It's sort of like a woman who picks who she wants to date based on how rich he looks because she wants to be spoiled by a rich man, but then claims that she doesn't want to date poorer men because they will steal from her. Of course, it's not just women who can do that to men but vice versa and I'm sure it happens in same-sex relationships too.
Somehow the universe has the potential for people to do one thing and explain/justify it using another explanation that would be legitimate if it were true.