Recently, Senator Elizabeth Warren (D-Mass.) and Rep. Steve Cohen (D-Tenn.)
introduced a new bill seeking to eliminate potential
employment discrimination based your credit score. The new bill – the Equal Employment for
All Act, criticizes American employers’ ability to check the credit
history of job applicants. The legislators argue that checking applicant’s
credit history discriminates against people who have struggled with academic
hardship or were victims of a bad economy.
Warren and Cohen noted, “This is an issue of basic fairness….Americans
should be able to compete for jobs on their merits, not on whether they
have enough money to pay all their bills.” They further argued that
it is wrong to shut out people with bad credit from the job market. Such
a practice is counter-intuitive – people generally need jobs to
obtain the income necessary to pay their bills and repair their credit.
Additionally, for the majority of jobs, there is little correlation between
someone’s job performance and their credit report. Although in limited
jobs such as those required security clearance, a good credit report may
have some relevance to the job, for the most part a credit check is unnecessary.
The Equal Employment for All Act was designed to help those Americans who
need a job most – they should not be subjected to employment discrimination
based on their financial circumstances.
For more information about this bill or any other employment discrimination
question, please contact the dedicated Atlanta employment discrimination
lawyers at Buckley Beal, LLP for an immediate consultation.