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The FCRA promotes the accuracy and privacy of information in the files of the nation’s consumer reporting companies. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the FCRA with respect to consumer reporting companies.

A credit report includes information on where you live, how you pay your bills, and whether you’ve been sued or arrested, or have filed for bankruptcy. Nationwide consumer reporting companies sell the information in your report to creditors, insurers, employers, and other businesses that use it credit report free credit score Nashville to evaluate your applications for credit, insurance, employment, or renting a home. Q: Do you think it is ethical for businesses to use a job applicant's credit report and rating in the hiring process? I have credit report free credit score Nashville a feeling that I have been hurt by this practice. This is a hot subject these days, and it's the basis for a number of lawsuits that challenge the growing practice and seek to ban any use of credit-report checks in hiring decisions. credit report gov (The law forbids employers from checking your credit score.) There are various reasons for a spotty credit record, including limited previous use of credit, which shouldn't be held against anyone. Some people get into credit trouble because of unforeseen crises, such as a severe illness with big medical bills or a lengthy layoff with no severance. Other people, whatever their income, simply live beyond their means on a regular basis, overspending on credit. To some employers, that would raise a warning flag about an applicant's possible lack of self-discipline — and maybe even lack of credit report free credit score Nashville integrity. where to get a free credit report online And employers might reasonably be concerned that an employee's money woes could tempt him or her to steal or to pad an expense account. Whatever the courts eventually decree in pending lawsuits, I think the most credit report free credit score Nashville ethical outcome would be a middle ground — allowing the continued use of credit checks in evaluating job applicants but giving applicants the right to explain negative information in their reports. (I also think that arrest records — say, for disorderly conduct or DUIs — may ethically be used in evaluating job applicants, with a similar right for applicants to explain the infractions.) Employers could credit report free credit score Nashville still use a credit history as one of numerous factors in evaluating someone's fitness for a job, but no one could be rejected simply on the basis of that history. So many candidates with similar qualifications — education, special skills and job experience — are looking for work these days that it's understandable if employers often look for small differentiating factors (positive and negative) to help them make decisions. 100 free credit report

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