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NYC Passes Ban on Credit Checks for Most Job Applicants

The new law is said to be the most comprehensive of its kind.

An Interview. Image from SportSuburban via Flickr

A new law would ban employers in New York City from prying into the credit backgrounds of job applicants, finally shutting down what amounts to a major mechanism of legal discrimination in hiring practices. Raw Story reports the legislation was passed “overwhelmingly” by the City Council on Thursday, and is now awaiting the signature of Mayor Bill de Blasio. By passing the law, New York joins the 10 states and other municipalities, including Chicago, that have already banned the practice in most of its forms.

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Wealth Club: It's Easy to Get Your Credit Report. Here's How.

Make sure that when you need a loan, you'll get one—and cheap.

In our financial advice column for the centsless, Michael Fleck fields questions on how to get your money right. Send your queries to wealthclub@goodinc.com.

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Financial Fitness Task 13: Get a Copy of Your Credit Report #30DaysofGOOD

When was the last time you saw your credit score?

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