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Ban on using credit checks for employment decisions in the US

This bill aims to prohibit employers from using consumer credit reports to make hiring or adverse employment decisions. This means your credit history, debt, or creditworthiness cannot be the basis for rejecting your job application for most positions. Exceptions apply only to jobs requiring national security clearance or when otherwise required by law.
Key points
Protection against discrimination: Employers will be prohibited from checking your credit history when hiring or making promotion/termination decisions.
Increased job opportunities: Individuals with financial difficulties or low credit scores will not be automatically excluded from the job market.
Exceptions: The ban does not apply to positions requiring national security clearance (access to classified information).
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Citizen Poll
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Additional Information
Print number: 118_HR_4983
Sponsor: Rep. Cohen, Steve [D-TN-9]
Process start date: 2023-07-27