CITY HALL -- Most employers will be prohibited from checking job-seekers' credit history under a law passed by the City Council on Thursday.
The bill, from Councilman Brad Lander (D-Brooklyn), would make requesting or using an applicant's credit history an unlawful discriminatory practice.
Advocates said employer credit checks hurt those behind on student loan payments and can adversely affect low income New Yorkers, particularly minorities and women.
"There's no evidence to suggest that credit checks will affect an applicant's ability to succeed in the workplace," said Nancy Goldhill, project director at Staten Island Legal Services, a member of the NYC Coalition to Stop Credit Checks in Employment. "Credit reports are also notoriously inaccurate."
Supporters of the bill said prospective employees with bad credit need jobs in order to pay off their debts, and thus improve their credit.
"Employers checking credit scores perpetuates the cycle of poverty," Ms. Goldhill said. Continue reading.