CUSTOMER RESOURCES

Credit Checks

What You Should Know

credit report tiles

From an employer’s perspective, it sometimes makes sense to look at a job applicant’s credit history. The argument is that credit history reflects financial responsibility, which can be useful for making hiring decisions that involve financial functions or duties. While credit history checks are not as standard as criminal history checks in the employee screening process, employers do use them semi-regularly for jobs in finance. From banks to brokerages, many businesses want to know how their candidates handle personal funds before giving them responsibility for other people’s money. What employers might not know is that the rules around running credit history checks for employment are exceptionally complex. In this white paper, we will explore some of these regulations as well as the arguments regarding whether employers should use credit checks at all.

Additional Resources


Dollar General Reaches Settlement with the EEOC in Years-Long Background Check Bias Suit

The EEOC and Dollar General recently resolved the EEOC’s six-year lawsuit against the retailer arising under Title VII of the Civil Rights Act of 1964 (Title VII) for $6 million dollars and other programmatic relief.

Columbia, South Carolina Limits Inquiries About Applicants’ Criminal and Salary Histories

Columbia, South Carolina passed an ordinance effective August 6, 2019,1 limiting employers’ use of criminal background checks and banning employers from inquiring about salary history on job applications.  South Carolina’s capital city is the latest locality to pass such a measure, following several others that passed similar ordinances within the past year.2

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