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States May Ban Credit Checks On Job Applicants

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ANNAPOLIS, Md. -- It's hard to find a job in this economy, and now some people are facing another hurdle because potential employers are holding their credit histories against them.

Sixty percent of employers recently surveyed by the Society for Human Resources Management say they run credit checks on at least some job applicants. That's compared with 42 percent in a somewhat similar survey in 2006.

But lawmakers in Ohio and at least 15 other states are considering outlawing the practice, saying it traps people in debt because their past financial problems prevent them from finding work.

Employers say such checks give them valuable information about an applicant's honesty and sense of responsibility.

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