July 5, 2015 | By Greg Fisher

Employers do not use credit scores because they cannot even get them.

From: creditscoring.com [mailto:greg@creditscoring.com]
Sent: Tue 4/7/2009 9:33 PM
To: Anne Stuhldreher [New America Foundation]
Cc: Kate Brown [New America Foundation]; Erin Drankoski [New America Foundation]
Subject: credit score, employers

You wrote, "Not having a credit score can also make it harder to get a job or rent an apartment because employers and landlords increasingly require them."

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/07/EDHI16UMQH.DTL

Who is your source for the information about credit score use by employers?

From: Anne Stuhldreher
Sent: Wednesday, April 08, 2009 9:31 AM
To: creditscoring.com [Greg Fisher]
Cc: Kate Brown; Erin Drankoski
Subject: RE: credit score, employers

Thanks for your question. Please see the papers below from the Center for Financial Services Innovation. I've also heard this in interviews.

The predictive value of alternative credit scores

http://www.cfsinnovation.com/research-paper-detail.php?article_id=330262 (p 4)

Reaching deeper..Using alternative credit scores to increase credit scoring efficacy

http://www.cfsinnovation.com/research-paper-detail.php?article_id=2510 (p 1)

Market interest in alternative credit scoring

http://www.cfsinnovation.com/research-paper-detail.php?article_id=2817

Best,

Anne

Anne Stuhldreher
Fellow
New America Foundation
[address; contact information]

From: creditscoring.com
Sent: Wednesday, April 08, 2009 10:12 AM
To: [Katy Jacob, Federal Reserve Bank of Chicago]
Cc: [Jennifer Tescher, Center for Financial Services Innovation (CFSI)]; Kate Brown; Erin Drankoski; Anne Stuhldreher
Subject: RE: credit score, employers

You wrote, "In addition, credit scores are used increasingly for other purposes, such as determining auto and home insurance rates, hiring employees, and approving rental applicants."

http://www.cfsinnovation.com/doc.php?load=/alternative_credit_scoring.pdf [dead link]

[7/5/15. See www.naic.org/documents/com... ]

Who is your source for the information about credit score use by employers?

From: Jennifer Tescher
Sent: Wednesday, April 08, 2009 10:12 AM
To: creditscoring.com
Subject: Out of Office: credit score, employers

I will be out of the office until April 13, and I will not be checking e-mail. If you need assistance, please contact Wilma Burns at [email] or [phone]. Thanks.

From: creditscoring.com
Sent: Wednesday, April 08, 2009 10:24 AM
To: Wilma Burns, CFSI
Cc: Jennifer Tescher
Subject: Fwd: RE: credit score, employers

[forwarded email]

The efficacy of a social media message

On July 4, 2015, on one of AOL's websites, TechCrunch, not one, but two authors from CFSI falsely wrote

The credit score has become a ubiquitous way to assess someone’s credit-worthiness. It is used in a host of underwriting decisions and background checks, from mortgages to auto to business loans, apartment rentals and even employment candidacy.

To reiterate, as stated above, employers do not use credit scores because they cannot even get them. #1507a