Why Are Employers Checking Job Applicants’ Credit Histories?

It’s the classic Catch-22 of the doomed job search: How do you get a job? You need experience. And how do you get experience? Get a job. But for many, the unemployment cycle gets further twisted when it intersects with the debt cycle. When prospective employers run credit checks, a bad report becomes a financial scarlet letter. New York City policymakers are pushing a landmark bill that could free workers from the chains of… Read more…

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