NV Bans Use of Credit Reports

Nevada is the newest to join the growing coalition of states banning the use of credit reports for employment purposes. The law, that goes into effect on October 1st, 2013, bans employers from:

· Requiring an applicant or employee from submitting a credit report or other credit info as part of the employment process.

· Taking adverse action or threatening adverse action against someone who refuses to submit to a credit report.

· Using, referring to, accepting or inquiring about a consumer’s credit info.

· Taking adverse action or threatening adverse action against someone based upon their credit history or info.

· Retaliating against someone for exercising their rights against submission to a credit check.

As with other states that ban the use of credit reports for employment purposes, there are exceptions the new legislation:

1. Responsibility for financial assets or employment with a financial institution;

2. Access to confidential or proprietary information;

3. Managerial or supervisory responsibility;

4. Direct exercise of law enforcement authority as a government employee;

5. Responsibility for or access to another person’s financial information; or

6. Employment with a licensed gaming establishment.

The law applies to both private and public employers and violators of the new legislation and expect fines of up to $9,000 per violation.

You may take a look at the new law, here: