Credit score use by employers depiction by CBS

A Dallas television station owned by CBS stated that employers use credit scores, but the station could not name its source.

Consumer reporting agencies Equifax, TransUnion and Experian all state that they do not provide credit scores for employment screening. Regardless, members of Congress claim that employers "have erroneously linked credit scores to potential job performance."

On its website, KTVT writes, "In this economy, your credit score is more important than ever before, as prospective employers are looking at them to help in hiring decisions."

In a wide-eyed gasp, an interviewer asks the station's expert financial analyst, "It used to be that if you needed to buy a car, or a house, or needed to lend [sic] some money, then your credit score was free game— but prospective employers?"

The analyst launches into his shocking revelation for the viewers of Dallas-Fort Worth, saying, "There are a lot of reasons for this."

Video of people in lines at a job fair is accompanied the words, superimposed on the screen:

MONEY MATTERS
YOUR CREDIT SCORE
PROSPECTIVE EMPLOYEES [sic] CHECK IT OUT

Later (1:17), the expert advises viewers to keep a balance-to-limit ratio of 20% or less.