Media depiction, credit score use, employers, CBS, Dallas

Consumer reporting agencies Equifax, TransUnion and Experian all state that they do not provide credit scores for employment screening.
Despite that, the anchor at the CBS-owned television station in Dallas asks the financial expert and analyst to explain it all to us:
It is today’s #1 hit in Yahoo News for the term “credit score” (complete with [...]

credit score, employers, ABC News

Despite consumer reporting agencies’ emphatic statements that they do not provide credit scores for employment screening, ABC News writes:
But your credit score can also prevent you from getting that new job. Many recent applicants — from the newly divorced to recent grads saddled with student loans – are finding that their credit scores are keeping [...]

June 22, 2009 • Tags: , • Posted in: Employers, Media • No Comments

credit score, employers, Washington Post

http://www.buffalonews.com/410/story/667793.html
http://www.courier-journal.com/article/20090517/BUSINESS/905170338/1003/ARCHIVES
http://www.ocregister.com/articles/credit-card-rate-2381680-utilization-percent
http://www.fresnobee.com/columnists/salinas/story/1374724.html
http://www.miamiherald.com/136/story/1028698.html
http://www.philly.com/philly/columnists/michelle_singletary/043009_color_of_money.html
http://www.projo.com/business/content/bz_singletary03_05-03-09_DJE6T79_v6.17c60ad.html
From: creditscoring.com
Sent: Wednesday, May 20, 2009 11:35 AM
To: Michelle Singletary, Wasington Post personal finance columnist (The Color of Money email address); Michelle Singletary (another Washington Post email address for Singletary)
Cc: Andy Alexander, Washington Post ombudsman; Andy Alexander (another Washington Post email address for Alexander); Shirley M. Carswell, Washington post deputy managing editor
Subject: RE: credit score, [...]

June 18, 2009 • Tags: , • Posted in: Employers, Media • No Comments

Equifax states that it checks its job applicants’ credit scores

From: creditscoring.com
Sent: Tuesday, June 09, 2009 12:36 PM
To: Steve Ely, Equifax
Cc: Ilyce Glink; Coretha M. Rushing, chief human resource officer, Equifax
Subject: credit score, employers, Equifax HR
 
You said, “I will tell you, even when you apply for a job at Equifax, we check your credit score because we’d like to make sure that you are good [...]

June 9, 2009 • Tags: , , • Posted in: Employers, Equifax, Media • No Comments

Equifax states only 1% have credit score over 800

Contrary to information from its credit score company, Equifax claims that the portion of the population who have a credit score over 800 is one percent (1%).
However, a distribution chart from FICO, the credit score company, indicates that 13% have 800 or more.

 
In a video interview, Steve Ely, president, North American Personal Solutions of Equifax, Inc. states: “I [...]

May 28, 2009 • Tags: , , , , • Posted in: Equifax • No Comments

Credit score myth on Wikipedia dies after 654 days

New encyclopedia game contestant Kat Malone removed Wikipedia’s 678 credit score myth on May 22, 2009, after it stood for one year and 9 months.
The user challenged the 678 myth in the Wikipedia article “Credit score (United States)” with the deadly wiki ”citation needed” flag.
Other important and controversial changes in the wiki include capitalizing the word corporation, and that the FICO score scale [...]

May 23, 2009 • Tags: , , , , • Posted in: Media, Wikipedia • No Comments

Credit score, job, employer, NBC Washington TV station

  
REPORTER:  “Jim, if finances have a heartbeat, it’s the credit score. It affects what you pay for mortgages or rent, your auto loan, your insurance, your utility deposits, and even if you’ll get a job.”

From: creditscoring.com
Sent: Wednesday, May 20, 2009 2:52 PM
To: Elizabeth Crenshaw (askliz@nbcwashington.com)
Cc: Jeff Zucker, ‘news4pr@nbc.com’; ‘nbc4dc@nbc.com’
Subject: credit score, employers
You said: “If finances [...]

May 21, 2009 • Tags: , • Posted in: Employers, Media • One Comment

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 [...]

April 15, 2009 • Tags: , , • Posted in: Employers, Government • No Comments

Employers, credit score, Wall Street Journal II

See http://www.usnews.com/blogs/alpha-consumer/2009/2/26/why-credit-scores-matter-on-job-applications.html.

Date: Wed, 25 Mar 2009 12:14:49 -0400
To: Mary Pilon, Wall Street Journal
From: “creditscoring.com” <greg@creditscoring.com>
Subject: credit score, employer
See http://blog.creditscoring.com/?p=344.
This appears in a browser’s title bar for this story: “One in Six Employers Look at Your Credit Score – The Wallet – WSJ”
The description of the page that appears (in addition to the title, above) in [...]