Consumer Payment Card News

Jobs & Scores

A new survey shows that only 20% of Americans know that it is legal for employers to refuse to hire job applicants with low credit scores. Fully 52% of Americans mistakenly believe it is illegal for prospective employers to use credit scores as a hiring criteria and another 28% of survey respondents are unsure. The survey from VISA USA also found that 59% of women have checked their credit score than men (51%); adults age 55 and up have checked their score at a far lower rate (43%) than those under 55 (62%); only 22% check their credit score once a year; and a small group of just 18% check their score two or more times each year. For more insight on credit scores visit VISA’s “What’s My Score” at “http://www.whatsmyscore.org”:http://www.whatsmyscore.org.

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