Creditcheck New Mexico

Why does the employer do a credit check? Often employers use your creditcheck New Mexico credit history to gauge your level of responsibility.

Whether a valid assumption or not, some employers believe if you are not reliable in creditcheck New Mexico paying your bills, then you will not be a reliable employee. Unfortunately, a bad credit report can work against you in your search for employment. For more on how a credit record can affect your job search, see the FTC's fact sheet on this topic, www.ftc.gov/bcp/conline/pubs/alerts/ngcrdtalrt.htm In addition to your payment history, a credit report typically includes information about your former addresses and previous employers.

Employers can use this as one way to verify the accuracy of information you provide on an application or resume. free credit report form

My credit rating went down when I lost my job. Often a poor credit rating results from circumstances that are beyond your control. The loss of a job or high medical bills often leads to late payments, even creditcheck New Mexico bankruptcy. Still a creditcheck New Mexico bank or other financial institution may reason that creditcheck New Mexico a solid financial history is a qualifying factor for an employee who has control over creditcheck New Mexico substantial sums of creditcheck New Mexico money. official free credit report However, the same argument cannot be made when a credit check serves only as a kind of character screening. Some states have now recognized the unfairness in this by adopting laws that require a direct relationship to the job before a credit check is made.

Several states have passed laws limiting credit reports for employment decisions with provisions that require a nexus to actual job duties. Those creditcheck New Mexico states are: Washington, Oregon,Hawaii, Illinois, Maryland and Connecticut. In addition,creditcheck New Mexico a bill captioned the creditcheck New Mexico Equal Employment for All Act (HR 3149) is making its way through the U.S. On January 19, 2011, the bill was reintroduced as HR 321 and was referred to the House Subcommittee creditcheck New Mexico on Insurance, Housing and creditcheck New Mexico Community Opportunity. check credit report free Shouldthe Equal Employment for Law Actbecome law, potential employers who want to access an applicant’s credit report would have to show that credit history creditcheck New Mexico is related to the creditcheck New Mexico open position.

To follow the progress of this bill, go to http://thomas.loc.gov/home/thomas.php Can my employer continue to check my credit after I’ve been hired? Yes.