<p>[How</a> bad credit can cost you a job - MSN Money](<a href=“http://articles.moneycentral.msn.com/Banking/YourCreditRating/how-bad-credit-can-cost-you-a-job.aspx]How”>http://articles.moneycentral.msn.com/Banking/YourCreditRating/how-bad-credit-can-cost-you-a-job.aspx) </p>
<p>First and foremost, I’d like to say that even as an employer, I support this cause. With the financial climate for the past few years, it has become increasingly more difficult for those who have lost work trying to re-enter the work-force because of shady hiring practices and withdrawn offers due to “flagged credit checks”. Any information that I need to make a hiring decision (unless it is handling cash or balancing a book) is found in education records, work history, and through contacting references listed. There is a bill in congress to ban credit checks for employment where responsibilities aren’t directly related to handling monies or balancing books. I am willing to bet that there is a greater statistical correlation between race & income and credit score than there is to credit score being an indicator of moral character and work-ethic. That’s just ********, especially in these economic times.</p>
<p>The financial institutions have demonstrated ****-poor money management skills, asked their employees for a bail-out, laid off their employees, and now that their employees are trying to re-enter the work force, they are denied employment because of credit checks. The very same organizations who’s irresponsibility lead to the massive layoffs and cause all this bad debt of their employees, now refuse to hire works who have damaged histories due to the very same organizations.</p>
<p>I have a feeling many of you many argue against my point. I have yet to see any substantial evidence that claims someone who has defaulted on medical bills due to health issues or lost a job and then their house or had a rough divorce, or has had financial responsibilities to impoverished families, has anything to do with the ability to stock a shelve.</p>
<p>My argument is more about the underlying implications of these practices. I think it’s scary the type of ass-backwards thinking that goes on in this country. We need to stop discriminating for race, gender, sex, and especially for SOCIAL CLASS. This is nothing but discrimination against the poor. There is no opportunity for any person who has fallen on hard times to improve their situations under these circumstances.</p>