Steve got an email from these guys with an application, the voluntary affirmative action form, and a consumer report release form attached.
I understand the app and the AA form, but not the consumer credit report form. Any thoughts?
Lots of places want to do credit checks as part of screening applicants. I don’t like it.
I’ve heard that a lot of places are doing that sort of thing... not usually places I’d think Steve would work, though, mostly places like banks where there’s exposure of money. They want people who presumably won’t be tempted to take some home.
That is odd. I didn’t mind the drug test but I might object to the credit release. Call them and say you don’t want inquiries showing up against your credit because you’ve heard that can lower the score.
“I understand the app and the AA form, but not the consumer credit report form. Any thoughts?”
They can figure out your debt load and make an offer based on what you need to pay your bills. Kind of a crappy way to make an offer, IMO.
Yah, I’ve heard of that... running credit checks as part of the new hire process. I believe you can blame Mr. Sarbanes and Mr. Oxley for that one.
It’s a bad thing. Credit records are wildly inaccurate. I’ve read estimates that anywhere from 1/3 or more of all records in credit agencies’ data is wrong. I don’t see the point of using it for any sort of decision. Whether to hire or, for that matter, whether to grant credit.