January 29, 2014 | By Greg Fisher
Employers do not use credit scores. In fact employers cannot even get scores because the consumer reporting agencies do not sell them for that purpose.
Fact-based trivia by a creditscoring.com follower:
*Pop quiz:
Of the employers that do credit screening in the hiring process, what is the average minimum credit score these
— TheHomelessBillionre (@BKFUniversity) January 24, 2014
employers will allow for you to have to be hired?
A. 400 FICO B. 550 FICO
C. 650 FICO. D. 720 FICO
— TheHomelessBillionre (@BKFUniversity) January 24, 2014@BKFUniversity Whats on the report matters not the score?
— Keyser Söze (@Not_Applicable_) January 24, 2014Winners!!!
— TheHomelessBillionre (@BKFUniversity) January 24, 2014I set us all up with a trick question to show you how bad misinformation has been spoon fed to the unsuspecting.
— TheHomelessBillionre (@BKFUniversity) January 24, 2014Employers do not use credit scores. And, as the punch line goes, that's illegal in some states. Even in states where it is not illegal, employers do not use credit scores. Credit reports, perhaps, but not the number, the score.
To keep track of employment screening background check issues, follow Lester Rosen (who, coincidentally, is in California (the same state as the quizmaster)) and the Pricvacy Rights Clearinghouse.