Philadelphia bans most credit checks for employment; Imposes new obligations

A recent blog from Jackson Lewis highlights key changes to Philadelphia’s Unlawful Credit Screening Practices in Employment ordinance and the city’s Fair Criminal Record Screenings Standards ordinance (FCRSS), commonly referred to as the “Ban the Box” regulation. Changes took effect on March 21, 2021, and April 1, 2021, respectively. The regulations supplement the governing requirements… Continue reading Philadelphia bans most credit checks for employment; Imposes new obligations

Giving Credit Where Credit is Due; in Boston

A proposed ordinance is pending in the Boston City Council that would severely limit the ability of employer’s in that city to conduct credit background checks on prospective employees.  CDIA is opposed to the measure and sent a letter to the city council expressing our opposition.

Unintended Consequences: Limiting Credit for Employment

A new study from Robert Clifford, an economist at the Boston Fed, and Daniel Shoag, an assistant professor at Harvard’s Kennedy School, “finds that when employers are prohibited from looking into people’s financial history, something perverse happens: African-Americans become more likely to be unemployed relative to others.”  Shoag, Daniel and Clifford, Robert, No More Credit Score: Employer Credit… Continue reading Unintended Consequences: Limiting Credit for Employment

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credit.com is a leading news source for credit issues.  This week, credit.com published an op-ed from CDIA responding to a recent piece on that site by Sen. Elizabeth Warren (D-MA) and Rep. Steve Cohen (D-TN) disparaging the use of credit for employment purpose.  Employers use credit for background checks because these checks help them manager risks to… Continue reading Untitled

Oh, the Irony: Insider Theft Hurts NYC Small Business; Yet Credit Checks Banned in the City

Just a week after the New York City Council passed an ordinance nearly prohibiting all credit background checks in the city, we picked up two New York Post stories of insider employment theft from two small businesses.  While the stories do not say whether the employers conducted credit background checks of the alleged thieves, it… Continue reading Oh, the Irony: Insider Theft Hurts NYC Small Business; Yet Credit Checks Banned in the City

NYC Hearing on Credit Checks

In early-2014, the bill to largely ban the use of credit histories for employment was reintroduced in the New York City Council. The measure, Int. 261-2014, is once again authored by Councilman Brad Lander (D-Park Slope). The bill was heard in the City Council’s Committee on Civil Rights on Sept. 12. CDIA testified in person… Continue reading NYC Hearing on Credit Checks