Consumer reporting agencies TransUnion, Equifax and Experian all emphatically state that they do not provide credit scores for employment purposes.
Despite that, again, the Federal Reserve claims that credit scores are, indeed, used in employment. Zillow and the San Francisco Chronicle believe it.
The first sentence of a Federal Reserve Bank of Cleveland commentary states, “Credit scores are used in nearly every part of our lives, from applications for car loans, mortgages, credit cards, and car insurance to even some hiring decisions.”
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