Should Employers Check Credit Scores?

Civil Rights and Labor advocates are demanding that employers stop using credit checks as part of their criteria for hiring employees. Do credit checks discriminate against blacks and Latinos? Ana Kasparian and Cenk Uygur discuss.

The Young Turks on Current TV: http://current.com/shows/the-young-turks/

The Largest Online New Show in the World.

Google+: http://www.gplus.to/TheYoungTurks

Facebook: http://www.facebook.com/tytnation

Twitter: http://twitter.com/intent/user?screen_name=theyoungturks

Support TYT for FREE: http://bit.ly/eWuu5i

Category:

News & Politics

Tags:

• CreditScore
• CreditScoreCheck
• CreditScoreJob
• CreditScoreRange
• CreditScoreEmployers
• CheckCreditScore
• CreditScoreDiscrimination
• BadCredit
• CreditScoreRacism
• CreditScoreRacist
• YoungTurks
• CenkUygur
• Tyt
• AnaKasparian

[Amy31415]

Fuck it. Black market, bitches.

We will all eventually become anarcho-fascists.

[Raizhen010]

@romanmir01 Why? What does a credit score have to do with how good of a worker you are?

[denofruean]

I applied to become a stocker at Wal Mart in Lee's Summit, MO.I was turned down because my credit score is bad.FUCK YOU to Acxiom.They said I was a fraud risk.How the fuck does having a bad credit score have anything to with my work performance as a stocker at Wal Mart?

[jiiub]

dont forget, you need work experience :) how do you get that, by working ofcourse, but you need work experience....

[ikaEr32]

Yes it's ridiculous and it discriminates on not latinos and blacks. I have a B.S. and I got into trouble lending a friend money. I've paid off all of my credit cards but I am behind still on other things. I got turned down for a TSA job even though I scored 100 on there stupid tests over these black people who have their pants falling around their ankles and can't even speak proper English....WHAT. It's hard to have bad credit when you've never had a JOB and have been on Welfare your whole life

[qland]

Well, let me say I have had employment in the past & currently that states the reason to check my credit, credit check for a customer service jobs is that the employer feels people with low credit score are more likely to steal.

First that is a gross generalization & stereotypical

Second this already set up a adversarial us v. them relationship

[DisturbedHavok]

@jrda128 That's very black and white and the issue is a lot more gray. People go in, seeing an advertisement for a loan they think they can afford. The bankers, you know, the educated individuals in charge of KNOWING THEIR SHIT on financing, know these people can't afford the loan, but they told them anyway "Yes, we can help you make sure you can afford this" and let the people take out the loan. THEN the bankers sold those bad loans on the derivatives market.

Shit like that is why OWS exists

[DisturbedHavok]

@BooGooNFlowoo4Evoo My feeling is this - if a payday loan is legal, then loansharking should be legal. If loansharking should stay illegal, then make the payday loans illegal.

[Chris12163]

Its just wrong, but at least my credit score is good and helping others.

[AbonZel3]

My credit score is awesome. HIRE ME TYT!!! :)

[ThePaulWog]

@MissTemperence I think you're missing my original point: it was that I "somewhat disagree". Somewhat, as in partially. And disagree as in my opinion is in contrast. So, my view partially contrasts against the view TYT portrays.

TYT is opinion-based news (which is 99% right when it comes to serious political topics in my opinion), but I still dislike it when any news organization (whether I agree with them or not) speaks with huge edge. In this case, it's as if everyone in debt is in a rut.