[conservative cat]

I don't think it's a racial or a civil rights issue. I am sick of the power credit reports have over us.

[Anti-Bubba182]

"In a 2004 study involving 2 million people, the Texas Department of Insurance found that blacks have an average credit score roughly 10 percent to 35 percent worse than whites; Hispanics have scores 5 percent to 25 percent worse than whites."

It is a shrewd move by insurance companies to use credit checks and it is becoming more common. Good credit risks tend to be more responsible and therefore better insurance risks.

A credit rating is an individual thing. A person of any color can have a good or bad one. I would say tough to these critics, but politics and the nanny state may say otherwise.

[packrat35]

More Big Brother coming soon to all of us.

[I see my hands]

The sooner everyone accepts that everything about everyone is available to anyone the better.

[stm]

They did a credit check on her because she was in a position that dealt with money. Theoretically someone with good credit would be less likely to find ways to dip into the till than someone with bad.

The thing that irks me is that every time someone runs a credit check on you it lowers your score.

[MissouriConservative]

If you apply for government positions, they run a credit check on you. Most smart businesses do this. If an employee has a bad credit history and owes everyone and their brother, then they are far more liable to cave in to bribes by other businesses and in the case of the feds, other governments.

Why is everything in this world now about race? I alway thought blacks didn't want us to look at them as black but they keep reminding us.

[Dallas59]

I don't buy anything on credit, I have no credit history ...therefore I am a bad credit risk because "they" don't know me...even tho my household income exceeds $55,000...

[ikka]

I would never consent to letting my employer have all those details about me.

You usually see this sort of thing in big, bureaucratic organizations where all the room for judgment and common sense has been administratively purged.

[quantim]

Lisa Bailey worked for five months at Harvard University...saw a chance to lift herself out of dead-end jobs.

Comment parsed. </unfair of course>

[Utahrd]

No mention of Asians, I noticed.

I'm thinking that they have great credit. So it's not Politically Correct to mention them in this context.

[BigCinBigD]

You can't have the job because you don't pay your bills.

But. I don't pay my bills because I don't have a job.

Don't bother me with logic, I'm late for my latte break.

[familyop]

Our economy is floating on borrowed consumerism for the time being. People who save and refuse to borrow (thereby having little in their credit histories) should invest in real properties and someday coordinate a dump of certain stocks and savings. That is...if the Chinese investors don't do it sooner.

[Mr Ramsbotham]

It would be discrimination only if they inferred you had a bad credit history simply because you're black, without actually checking your credit history. Being black in and of itself doesn't affect the score that's on the report.

[REPANDPROUDOFIT]

So far, there's a lack of data supporting a relationship between bad credit and theft by employees. In perhaps the only study published .....found no correlation between employee credit reports and negative performance or termination for dishonesty.

Flawed Study! Don't you think there is no correlation because the embezzlers have more money than they should have? They use their stolen funds - no need to borrow money.