Employers do not use credit scores. Can’t even get ‘em.
The second tab after “Home/Blog” on JeanChatzy.com is “Score Builder.” The landing page says, “Better credit in 120 days, powered by Smart Credit.”
On Oprah.com as she explained the number that she thinks “is widely considered to be a measure of how responsble a human being you are,” Jean Chatzky said, “You may even have an easier time getting a job as many employers these days are checking out credit scores because they want to hire responsible employees.”
Then she plugs Credit.com and CreditKarma.
[Wonks: She also gives the score scale as 350-850, but let's not quibble over that-- boring.]
Meanwhile, over at NBC, (where it counts, apparently), Chatzky finally comes to terms with her misinformation. In a segment for NBC’s Today, she said (finally):
It’s a really good question, and we did get a lot of response to that thought that employers are checking credit histories. About 16% of them actually are. What they’re not seeing is your credit score. They’re seeing your credit report.
Inexplicably, however, her blog post (“Posted by Jean”) about that appearance states, “On Today’s Money 911 we talked about what employers that check credit scores are looking for and gave tips for finding a job over 60.”
Previously, as Matt Lauer did the deed (as many do in their introductions to the topic) Chatzky remained silent. (2:09)
Poor Oprah (dot com).
Oprah was unavailable (but the train station never looked better).
So, what happens, now?