Archive for March, 2010

Blogosphere comments on credit scores and employers

A thousand comments based on a premise stated by politicians.

credit score, employers, Center for Responsible Lending

From: Greg Fisher  Sent: Tuesday, March 30, 2010 10:51 AM To: julia.gordon@responsiblending.org cc: drshow@wamu.org Subject: credit score, employers, Center for Responsible Lending In response to Diane Rehm’s question about credit score use in pre-employment screening, you did not disagree with the premise:  Employers use credit scores. What evidence suggests that employers use credit scores? What is [...]

employers and credit scores, Kirwan Institute

From: Greg Fisher Sent: Monday, March 29, 2010 1:41 PM To: Jessica Leveen Farr Subject: credit score, employers, Kirwan Institute Recently, you wrote, “Landlords may evaluate an individual’s credit prior to renting a home and some employers access credit scores for all new hires.”  Your footnote cites the document, “The Impacts of Foreclosures on Families [...]

Kucinich, DFAS, ABC, employers and credit scores

According to the web site of Congressman Dennis Kucinich (D-OH), employees at a federal agency have been suspended due to low credit scores. A press release on kucinich.house.gov states, “The bipartisan group requested a suspension of a policy that has resulted in the unjust suspension of employees for reasons such as a low personal credit score [...]

Credit Karma suggests having creditors lie to credit bureaus

Credit Karma CEO Ken Lin says that if you don’t like your credit history, just make one up. Yesterday, the ABC News NOW interview subject said to beg your lender to change its report to the consumer reporting agencies about you to something more positive.  Lin thinks pestering the bank helps, too.  “You might want [...]

March 17, 2010 • Tags: , , , , , • Posted in: Media, experts • 2 Comments

Employers, scores and WBIR 10 News at Five

WBIR TV-10, Knoxville asks, “Did you know that many potential employers check your credit score?” And, the people at the East Tennessee Gannett television station want you to tell them what you think.  Their website says, “Selected comments will air on Wednesday’s 10 News at Five.”  Here is one comment that may or may not make it on [...]

Impossible zero credit score: Ulzheimer 1, Ramsey 0

Exploding Dave Ramsey’s Zero Credit Score Myth on Ramsey’s Home Turf Following the Credit CARD Act becoming effective, Credit.com’s John Ulzheimer appeared on the FOX Business Network  (“the only business network in true high definition”) this morning in a segment called “Tips for Boosting Your Credit Score.” Cross-promoting “financial expert” blowhard Dave Ramsey, anchor Brian Sullivan referred to his colleague saying, snarkily, “I [...]

Into the Audience – Credit scores and employers, CNM

The internet:  A place where almost anybody can write almost any nonsense.  Here’s a good example.  CNM News Network’s piece on credit scores states, “Currently, employers can pull a job applicant’s credit report, but don’t have access to the actual score.” However, the title is “Foreclosures and Job Hunting Don’t Mix as Employers Check Credit [...]