SB12-003, Employment Opportunity Act (M. Carroll – Fischer)
60% of employers are now using credit scores in hiring decisions. Workers who lost their job in the recent recession clearly have had negative impacts to their credit. This practice is making it harder for them to get back to work. The bill limits use of credit scoring in hiring and employment decision to when it is relevant to the job. 20 million Americans have material errors on their reports. Lose your job = bad credit. Bad credit = no job. Defeated. Read more here.