Showing posts with label California Consumer Credit Reporting Agencies Act. Show all posts
Showing posts with label California Consumer Credit Reporting Agencies Act. Show all posts

Wednesday, October 19, 2011

Credit checks in California now tougher than ever

Lexology.com
Fisher & Phillips LLP
USA
October 12 2011

Effective January 1, 2012, California employers will have to avoid yet another potential legal hazard that haunts businesses with the threat of costly penalties: the unauthorized use of consumer credit reports regarding job applicants and current employees.
Currently, pursuant to the California Consumer Credit Reporting Agencies Act, employers can request a consumer credit report (i.e., a report obtained from a consumer credit-reporting agency bearing on an individual's credit worthiness, credit standing, or credit capacity) for purposes of evaluating an applicant or employee for employment, reassignment, or retention. But starting next year a valid reason for obtaining a consumer credit report should be viewed as being the exception rather than the rule.

Full Story: http://www.lexology.com/library/detail.aspx?g=e6149caa-f2a6-42f7-9b69-f399188bfe96&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Other+top+stories&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2011-10-19&utm_term=