AP reports legislator said employers use credit scores
Maryland Delegate replies that the Associated Press made an error with one word
Also, see
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National Financial Literacy Month, 2011 (video),
Myth: Employers use credit scores
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- What the President said
- Credit bureaus claim that they do not provide credit scores for employment screening
- Groundhog Day, 2012
- Groundhog Day, 2011
- Credit scores in employment, Believers and Nonbelievers
- Video: Media say employers use scores (2009)
- Federal Reserve on credit scores used by employers, 2009
- Federal Reserve on credit scores used by employers, 2010
- Federal Reserve on credit scores used by employers, 2010 (one more time)
- Members of Congress say credit scores are used by employers
- Members of Congress say credit scores are used by employers II
- Members of Congress say credit scores are used by employers III
- U.S. House representative testifies employers use credit scores
- U.S. Treasury Suggests Employers Use Credit Scores
- DoD agency states it does not use credit scores for security clearances
- White House credit score requirements
- Mentions of credit scores in employment in Oregon
- Washington attorney general on what "can" and "may" happen
- FICO company warns employers use credit scores that credit reporting agencies deny providing
- TransUnion employers survey credit report question error
- Training TransUnion on credit scores, employers
- Equifax: Employers can know your credit score
- Training Equifax on credit scores, employers
- Experian: Employers use credit scores
- Training Experian on credit scores, employers
- VantageScore: Employers use credit scores
- Employers using credit scores blogger meme
- Canada Day: Reuters, FICO and the employers myth
- USA TODAY will not reveal its source
- USA TODAY will not reveal its source II
- McClatchy newspaper will not identify its sources
- AP reports legislator said employers use credit scores
- Dallas Morning News on employers using Equifax credit scores and reports
- Influence: Hearst; San Francisco Chronicle
- Influence: Tribune; LA Times
- Credit score use by employers depiction by CBS
- Influence: CBS
- U.S. PIRG fails to prove employers use credit scores
- Influence: Consumers Union
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Influence > Media > News agencies > AP > March 1, 2010
3/16/2010
Consumer reporting agencies TransUnion, Equifax, and Experian all state that they do not provide credit scores for employment purposes. Despite that claim, the Associated Press quoted a Maryland state legislator saying that employers base hiring decisions on the scores. The legislator replied to creditscoring.com that the AP reporter made an error.
The syndicated report, written by Kathleen Miller, appeared in early March, 2010. It states: "'We are in the great recession and this creates a vicious cycle,' Reznik said. 'People lose their jobs, that naturally precipitates them getting behind on bills, their credit scores go down, they are trying to find a job to pay off the bills, and employers won’t hire them because of their credit score.'”
Saturation: The AP's broad reach
The story swept the nation.
On Delegate Reznik's YouTube channel, a video transcription says
Weve[SIC] had a very exciting week in my office. My credit history in employment bill, House Bill 175, has received a lot of press in the last several days all over the country. There have been stories about the issue on CNN, Time Magazine, MSNBC, Huffington Post, and numerous other national publications. Locally my bill has been discussed on WTOP and in the Baltimore Sun among other news outlets."
In a legislature committee meeting in another state, a TransUnion official stated, "There's no such thing as a credit score in employment."
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From: Greg Fisher
Sent: Wednesday, March 03, 2010 12:11 AM
To: Kirill Reznik
Subject: credit score, employers, Maryland, Reznik, Associated Press
You said, "People lose their jobs, that naturally precipitates them getting behind on bills, their credit scores go down, they are trying to find a job to pay off the bills, and employers won't hire them because of their credit score."
What indicates that employers use credit scores?
Greg Fisher
The Credit Scoring Site
PO Box 342
Dayton, Ohio 45409-0342
937-681-3224
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From: Greg Fisher
Sent: Thursday, March 04, 2010 9:34 AM
To: Kirill Reznik
Cc: Catherine Pugh
Subject: RE: credit score, employers, Maryland, Reznik, Associated Press II
Please reply.
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From: Greg Fisher
Sent: Friday, March 05, 2010 8:49 AM
To: Kirill Reznik
Cc: Michael G. (Mike) Lenett; Catherine E. Pugh
Subject: RE: credit score, employers, Maryland, Reznik, Associated Press III
Please reply.
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From: Reznik, Kirill Delegate
Sent: Friday, March 05, 2010 8:57 AM
To: Greg Fisher
Cc: Catherine Pugh
Subject: RE: credit score, employers, Maryland, Reznik, Associated Press II
Dear Mr. Fisher,
With all due respect to your constant emailing demanding an answer from me, I want to remind you that, if you do have an issue with it, you should speak to your state legislators in Ohio.
Nowhere in the bill nor in my testimony on the bill do I refer to credit scores. The bill specifically refers to credit history and credit report. The reporter made a slight error with one word, which in no way negates the need for the bill or the thrust of the article.
I sincerely hope that you are now satisfied with being responded to so I can return to working with my constituents, and not someone else's.
Sincerely,
Del. Kirill Reznik
___________________________________
Delegate Kirill Reznik, District 39
House Office Building
[address]
Annapolis, MD 21401
Phone:[phone] or [phone]
Fax: [fax] or [fax]
Email: [email]
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From: Greg Fisher
Sent: Friday, March 05, 2010 2:17 PM
To: Reznik, Kirill Delegate
Cc: Michael G. (Mike) Lenett; Catherine E. Pugh; Kathleen Miller; Associated Press corrections
Subject: RE: credit score, employers, Maryland, Reznik, other instances
You said: "Historically, minorities have had poor credit scores. Is that an excuse that employers could be using not to hire a minority?"
http://www.youtube.com/watch?v=48Fs9N0oOVM (3:44)
Also, regarding three consumer reporting agencies that compile and maintain files on consumers on a nationwide basis, you wrote:
These companies are the sole arbiter of your credit score, and as a result, single-handedly determine whether or not you are able to buy a car, buy a house, and yes, even get a job.
The reason is because they offer to sell your credit report and credit score to employers who want to do background checks on potential new hires or existing employees.
What indicates that employers use credit scores?
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Follow the employers and credit scores story at The Credit Scoring Site and on the Credit Score Blog.
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