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Laws on employers checking credit history

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Employers can legally check a candidate's credit history, but they must first obtain written consent from the candidate.

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The federal Fair Credit Reporting Act (FCRA) regulates the use of credit reports for employment purposes.

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Employers must provide a "pre-adverse action notice" and a copy of the credit report used to reject the candidate.

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Some states have additional laws that restrict the use of credit reports for employment purposes.

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These additional laws protect job candidates from discrimination in employment based on their credit history

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Employers may use credit reports to verify your credentials and look for excessive debt or bad money management.

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However, not all employers conduct credit checks, and it is usually done after a decision to hire is already underway.

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Overall, employers can legally check a job candidate's credit history, especially for financial or confidential jobs.

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However, they must follow the FCRA regulations and obtain written consent from the candidate before doing so.

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