TransUnion, one of the three major credit-reporting agencies, is making efforts to protect the use of credit reports by employers in their employment screening process. According to reports, this is in response to the counting number of states threatening to eliminate the said practice.
Legislators in Illinois said that TransUnion attempted not just once but twice to initiate dialogue regarding the then proposed Employee Credit Private Act, and the said dialogues would have made the law worthless.
According to a partner at Outten and Golden LLP, attorney Adam Klein, the use of credit reports as a screening tool will just make lesser opportunity to more people leaving poor people poorer.