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Experian states that employers use credit scores
Consumer reporting agency also said that they do not provide scores for pre employment screening
6/04/2009
While stating that it does not sell scores to employers, National consumer reporting agency Experian said that employers use credit scores.
In a written response to creditscoring.com, Experian said, "Experian's business policy prevents the inclusion of credit scores with an employment report, at Experian called Employment Insight."
But the company's sales literature makes things seem different. For example, a recently edited Experian internet page stated, "Credit scores can help potential lenders, landlords, and employers quickly gauge your credit history and decide what kind of a risk they are taking if they approve your application." The edited page no longer contains that sentence.
Those contrary messages earned Experian two spots on creditscoring.com's report "Credit scores in employment, Believers and Nonbelievers": One spot with the Believers, and one with the Nonbelievers.
Before:
After:
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Lines are drawn
Are you a Believer or Nonbeliever—are they really used in jobs? Credit score use by employers showdown.
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April, 1997: "Information on how to obtain one's credit score is suspiciously absent from your site. How do I get mine?"
"And we're not running a game show. I mean, we're evaluating risk. We're not trying to have people get--achieve the highest score."
"Fisher is a fan of going by the book and then beyond it."
"He beat the scoring proponents to the punch by scooping up the web address http://www.creditscoring.com, from which he launches often strident, sometimes wacky, but usually well-documented attacks on the credit-scoring concept and the industries that support it."
Realty Consumers Empowered By Online "Peoples" Court - "His Web site CreditScoring.com helped him-- and millions of other consumers-- extend fair credit reporting rights to credit scoring information."
"Fisher operates the www.creditscoring.com Web site, which skewers the secrecy of the credit bureaus and Fair, Isaac." - The Detroit News
"CreditScoring.com is an exceptionally-interesting site that offers news and information regarding credit scoring and--
really-- the entire credit process."
"'Garbage in, garbage out,' says Greg Fisher of Dayton, Ohio, who runs two Web sites on the subject, creditscoring.com and creditaccuracy.com."
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