Archive for the ‘Government’ Category
credit score, employers, UC Irvine, New University
From: Greg Fisher
Sent: Saturday, October 03, 2009 7:28 AM
To: newu@uci.edu; newuopinion@gmail.com
Subject: credit score, employers, New University
You wrote, “Employers increasingly run credit checks on prospective hires; a high score is seen as an indicator of reliability.”
Who is your source regarding credit score use by employers?
Employer use of credit scores. Equifax reacts.
Equifax:
Yes, they can.
No, we don’t.
Yes, they can.
No, we don’t.
Board asleep.
Credit Scores Used by Employers: Believers
See Credit scores used by employers: Believers and Nonbelievers.
Now, only categorized in the influence > government directory, this topic deserves its own section. FICO, USA Today, the U.S. Treasury Department, Federal Reserve, EEOC and many others communicate a similar message: Watch out— credit scores are used in employment screening. But, when contacted, the various media, government agencies, associations and consumer [...]
What is a credit score?
What is a credit score? gives consumer reporting industry and federal government definitions for the term credit score.
Experian: 15 definitions on 7 websites. Takes the prize for the most shelf space and elegant variation.
Equifax: Among others, gives the FICO score definition. Discord with TransUnion over what period FICO predicts.
TransUnion: Typographical error in FAQ.
FICO (the artist formerly [...]
President Barack Obama on your credit utilization ratio
“We know that an economy built on reckless speculation, inflated home prices, and maxed-out credit cards does not create lasting wealth.”
U.S. President Barack Obama, March 24, 2009