The reality of the Illinois credit check law
August 24, 2010
recently blogged about the new legislation brought in by Governor Quinn stating that credit checks were no longer allowed to be part of pre-employment background checks. The legislation prohibits employers from discriminating between possible employees based on their credit history. However, as was expected, opponents have now come out, claiming that there are some pretty big exceptions to the law…which will encompass pretty much everyone….. Laura Northrup notes that:
“Under the new law, employers may access credit checks under limited circumstances, including positions that involve: bonding or security per state or federal law; unsupervised access to more than $2,500; signatory power over businesses assets of more than $100; management and control of the business; access to personal, financial or confidential information, trade secrets, or state or national security information.”
Let’s have a look at a few of these stipulations: “control of the business” “access to personal, financial or confidential information” “trade secrets” Doesn’t almost every position at a company have some part of at least one of these? If the position didn’t encompass any of these, then there would be no need to run a credit check anyway. So while it seems like Illinois had come up with a nice idea, it doesn’t seem like anything is actually going to change…]]>
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