Appearing in Money Magazine on Aug. 7, 2023, Adam Hardy looks at new ways to instantly increase your credit scores and talks to Ariel Nelson about how these programs might not be as helpful as they appear–and in some cases could harm low-income folks who are already struggling. Not all credit-boosting programs are created equal,…
The Fair Chance in Employment Act will limit the use of credit reports in hiring decisions. The use of credit reports in employment decisions is harmful and unfair to workers for a number of reasons. First is the absurdity of the practice. Considering credit histories in hiring creates a vicious Catch-22 for job applicants. A…
Read More about Testimony on the 2023 Fair Chance in Employment Act
The hearing will begin at 10:30 AM at the State House, Room A-1 and will be available virtually at malegislature.gov BOSTON – Today, the Joint Committee on Labor and Workforce Development will hold a hearing that includes analysis of the Fair Chance in Employment Act (FCEA): S.1144 and H.1434. Together, the bills, filed by Sen.…
These bills would ensure that employers in Massachusetts cannot consider an employee’s or job applicant’s credit report in making hiring or employment decisions.
The National Consumer Law Center urges the Consumer Financial Protection Bureau (CFPB) to address how forced arbitration clauses in credit monitoring contracts are being used by consumer reporting agencies (CRAs) to compel arbitration of Fair Credit Reporting Act lawsuits. NCLC urges the CFPB to address this issue in its forthcoming FCRA rulemaking by prohibiting the…
Read More about NCLC Request for CFPB to Limit Arbitration of FCRA Lawsuits
The National Consumer Law Center, on behalf of its low-income clients, joined the Center for Survivor Agency and Justice in submitting comments to the CFPB and FTC on tenant screening practices that specifically harm survivors of intimate partner violence.
