Goodbye to Credit
That’s what a new proposed change to the FCRA would tell us. The FCRA (Fair Credit Reporting Act) currently allows employers and lenders to utilize consumer credit reports in making decisions. Several states have recently banned the use of credit reports for pre-employment screening purposes, but have several exemptions that will allow an employer to use credit information. This proposal however; would take it a step further. HR 3524 would ban the use of all credit reports fo