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People who end up with damaged credit — often through no fault of their own — can be shut out of jobs by employers who hold their credit histories against them.
In the media
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Dollar Bills
Credit checks aren’t just for loan officers anymore. Now, your prospective employer is checking your credit history too. The practice is increasingly common as employers look for more ways to determine whether or not they’re about to hire the right employee. But Massachusettes Sentaor Elizabeth
In the media
Halah Touryalai
Hank Ronan knew he would get the job. He had sailed through three rounds of interviews and hit it off with the doctors at the diagnostic center in Annandale, Va., where he had applied to be a driver for $11 an hour. Shuttling patients to appointments was a world away from his 20 years as a software
In the media
Danielle Douglas
WASHINGTON—Today, Senator Elizabeth Warren (D-MA) introduced The Equal Employment for All Act. This legislation would prohibit the widespread use of personal credit history in employment, an unjust practice that poses a serious barrier to economic security for many Americans and leads to
Press release/statement
Demos applauds the work of Senator Elizabeth Warren (D-MA) who today introduced The Equal Employment for All Act, legislation that would prohibit the widespread use of pe
In the media
NEW YORK — Demos applauds the work of Senator Elizabeth Warren (D-MA) who today introduced The Equal Employment for All Act, legislation that would prohibit the widespread use of personal credit history in employment. The use of employment credit checks is an unjust practice that poses a serious
Press release/statement
Job-hunters are increasingly being asked to agree to allow potential employers to view their personal credit information, a development that Sen. Elizabeth Warren says is unfairly keeping people out of the job market who've had financial setbacks or have reports that contain inaccurate information.
In the media
Jonathan Berr
A new survey finds that African-Americans are much more likely than whites to be called by debt collectors, despite both groups reporting relatively equal levels of debt and repayment rates. Just take a look at this chart:
In the media
Emily Cohn
U.S. Sen. Elizabeth Warren, a Massachusetts Democrat, introduced legislation on Tuesday that would prohibit employers from requiring job applicants to disclose their credit history. In a conference call with reporters, Warren argued that a person's poor credit history is often the result of medical
In the media
Shira Schoenberg
President Obama has proclaimed that thanks to the Volcker Rule "never again will the American taxpayer be held hostage by a bank that is `Too Big to Fail', " the reality is a bit more complicated. Though the rule issued today by financial regulators seeks to ban proprietary trading -- essentially
In the media
Jonathan Berr