Bill Prevents Bad Credit From Empeding Employment
Bad credit couldn't be held against you at work or when you're applying for a job in New Jersey under legislation that advanced Thursday.
The bill does not allow employers or prospective employers to use credit check results as a basis for hiring or firing. Sen. Sandra Cunningham says the measure is designed to protect those who have run up debt because of joblessness or medical care in a bad economy.
It was approved 4-1 by the Senate labor panel.
The business community opposes the bill. It says employers are required to tell applicants and workers the results of credit checks and give them a chance to explain.
The federal government is looking into the issue of employer credit checks with a ruling expected soon.
(Copyright 2012 by The Associated Press. All Rights Reserved.)