In a country where the majority of the workforce has been affected by the financial crisis, a bad credit report may no longer be considered as a valid basis for a company not to hire competent applicants, with this proposed law. Therefore, companies should take great care in making sure that their assessments of a person’s qualifications draw more heavily on aspects that the prospective employee has more control over than their credit score or the content of the report.

In line with these type laws, employment screening providers will need to adapt to this new development. Notably, several trusted online employment screening companies started posting advisories to its customers about the proposed law and credit report matters.

http://theaccu-factscompany.com/industry-news/ban-proposed-on-credit-checks-for-employment-background-screening/