| By Greg Fisher
Employers do not use credit scores. In fact, they cannot even get them.
In April of 2008, the three national credit reporting agencies in the United States stated that they do not provide credit scores for employment purposes. On April 24th of that year, those statements were published in the internet domain creditscoring.com.
A Transunion representative wrote, "TransUnion does not provide a credit score for employment screening purposes."
Experian's spokesman said, "Experian's business policy prevents the inclusion of credit scores with an employment report, at Experian called Employment Insight."
An Equifax official wrote, "We do not knowingly provide scores for pre employment screening."
On the contrary, in an anonymously authored document dated April, 2016, a federal agency in the United States, the National Credit Union Administration stated: "Other organizations also use credit scores to make decisions. Often insurance companies, landlords and even employers use them to evaluate applicants." #creditunions
United States of America, National Credit Union Administration, Office of Small Credit Union Initiatives. (2016, April). Serving the Credit-Invisible (p. 6). https://www.ncua.gov/services/Pages/small-credit-union-learning-center/Documents/serving-credit-invisibles.pdf#page=6
Urban legends never end. It is unclear who said it first, but the three credit bureaus, themselves, exacerbated the false claim by repeating it. #Myth2
It is Credit Score Myth 2.