DENVER (CBS4) – Businesses should not use a credit report to rate a potential employee, according to a Colorado consumer group.
Employers are using credit information to screen possible new employees, and now Sen. Jessie Ulibarri, D-Commerce City, will introduce a bill that bans the practice. He says it’s unfair to anyone trying to get back on their feet.
“Folks who are willing to do the hard work and go to work day in and day out, and who are skilled and talented workers should really be considered based on their ability to do the work,” Ulibarri said.
“Credit information, whether it’s payment history or just how much debt you’re carrying does not predict the worth, the trustworthiness, or a potential employee’s ability to do your job,” said Danny Katz, director of CoPIRG, a consumer group.
The group says one in eight people have errors on their credit report and it can be a strike against them during the job search.