An Insight on Credit Checks for Employment Purposes: The Numerous Issues Associated and the Comprehensive Credit Act of 2020

Abstract

As a society, we are fixated upon forecasting the future. Whether it concerns sales, epidemiology models, or employees’ behavior, we spend significant time and resources trying to predict what might happen in the near future. We do this to reduce conflicts, to make plans, and to assess risks. This societal penchant for forecasting future behavior becomes troubling, especially when employers use credit checks to help predict whether an employee might engage in risky financial behavior, embezzlement, or fraud.