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Full-Text Articles in Law
Utilizing Credit Reports For Employment Purposes: Casting A Wider Net Into The Ocean Of Employment Practices Results In Unintended Yet Much Needed Outcomes, David D. Schein, James D. Phillips
Utilizing Credit Reports For Employment Purposes: Casting A Wider Net Into The Ocean Of Employment Practices Results In Unintended Yet Much Needed Outcomes, David D. Schein, James D. Phillips
David D. Schein
In our previous article, “Holding Credit Reporting Agencies Accountable: How the Financial Crisis May be Contributing to Improving Accuracy in Credit Reporting”[1] we reviewed the legal history of the Fair Credit Reporting Act (FCRA) and its amendments, and the Federal case law by circuit. We suggested that the ability of consumers to ensure the accuracy and security of their credit reports might lead to an expansion of the litigation surrounding accurate credit reporting. This article takes the discussion further by exploring the ever-expanding use of credit reports in the employment law arena. We review the state legislation limiting the use …
Holding Credit Reporting Agencies Accountable:How The Financial Crisis May Be Contributing To Improving Accuracy In Credit Reporting, David D. Schein, James D. Phillips
Holding Credit Reporting Agencies Accountable:How The Financial Crisis May Be Contributing To Improving Accuracy In Credit Reporting, David D. Schein, James D. Phillips
David D. Schein
The ongoing financial crisis has increased the emphasis on consumers’ credit reports. The significance of credit scores has become a focus for many consumers due to the end of easy credit that began in late 2007. Credit scores are used for mortgages, car loans, credit cards, and other consumer credit, insurance, and employment. The cost of a poor credit score, if credit is offered at all, can be devastatingly significant. The impact of credit reports on credit scores justifies an examination of the legal exposure for the providers of those credit reports—the credit reporting agencies (CRAs). This article examines the …